This video from SBTV examines whether an activity can be considered a small business or hobby especially for tax purposes according to Internal Revenue Service guidelines. A key point to remember is that to be a business, an activity must generate a profit within a certain period of time sometimes varying based on the type of activity. If a hobby Read More
"In the second half of the 20th century, we have gradually learnt to talk and think of each other and ourselves less as workers, citizens, parents or teachers and more as consumers." Read More
Last week, Y Combinator debuted one of its new startups, Listia, which the site is describing as "auctions for free stuff". The basic concept is that users list items they no longer need or want, and other users bid on those items with points earned through the site by registering, referring friends, listing items or purchasing additional points Read More
If you have a home based business, one thing that you can do to improve yourself is to constantly learn new things and expose yourself to new ideas and concepts. Read More
This article from WebCPA looks at the Private Company Financial Reporting Committee of the International Accounting Standards Board and its discussion of a global accounting standard for small business. What exactly such an international standard will mean for small entrepreneurs the world over is unclear. If standards are simply a means by which Read More
Here's a review of Mac accounting software for small business from PC World. I'm not a Mac guy but we've certainly looked at Quickbooks for our own business use. Here, however, is a comprehensive list and brief overview of some other possible options including MYOB AccountingEdge, MoneyWorks Gold, Billings 3, iBiz 4, Freshbooks and Side Job Tra Read More
The author insists that new business sellers should use credibility statements instead of trust statements during the initial contact. Read More
We all love quotes. Whether they be light and funny such as the many Homer Simpson faux pas or whether they are time honored and serious, they add meaning to our writing, our conversations and even our attitude for the day. But what about your business? How are some of the most famous quotes relevant to you and your entrepreneural spirit today? Read More
Regardless of when an entrepreneur is looking to start their business, money can be made during a recession. It is a proven fact that many increased their portfolios even during the great depression. Unemployment statics consistent, how does that affect start ups. Read More
Business leaders and owners are battling through similar challenges these days. “My business is down, we are struggling, the economy is killing us. I have our team doing what we did in '93, but this time it just isn't working—” Your entire team is watching you and they are wondering— Read More
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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!