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More often than not, when we think of franchise opportunities, we tend to think of businesses with a physical Main Street, strip mall or commercial office presence. However, home-based franchises are now one of the most popular franchise sectors out there. If you are interested in starting a home-based franchise business, here are six points to consider in your research Read More

When you think about retirement plans, you don’t tend to think IRS. But if your business operates a retirement plan for its employees then the IRS, and of course your employees, expect that you keep it in good shape and optimized for the best financial return. Here are some tips from the IRS for keeping your plan compliant, avoiding IRS audits, and fixing errors should they occur Read More

Did you know that there are over 1.5 million non-profits in operation in the U.S. which accounts for a staggering 8.11% of all wages paid in the U.S.

If you are passionate about a cause and can find a like-minded group of people to help you share the significant responsibilities of operating a non-profit, then the philanthropic and entrepreneurial rewards can be significant – if you know what you are doing.

Here is a basic checklist for how to start a non-profit organization, while ensuring you pay attention to important legal and regulatory processes Read More

Many businesses are already in the process of implementing green business strategies. Yet, one of the most environmentally detrimental aspects of doing business in a country as vast as the U.S – is your business fleet. We all know the benefits of driving hybrid vehicles; however the upfront costs of purchasing these can be high. But there are alternatives – and you’d be surprised at how much money you end up saving Read More

While it may be a bit of an exaggeration to say that most new businesses don’t survive past the first two years, government data does show that seven out of 10 new employer firms last at least two years, with only half surviving for five years.

Here are some strategies and tactics to consider as you struggle and stride through the first few years of entrepreneurialism Read More

Whether you have one employee or 50, setting a payroll system not only streamlines your ability to stay on top of your legal and regulatory responsibilities as an employer, it can also save you time and help protect you from incurring costly IRS penalties.

Here are 10 steps to help you set up a payroll system for your small business Read More

What’s your business marketing message? What do you tell your customers about your company, what it does, and why they should do business with you?

Here are seven steps you can take to develop a marketing message that grabs the attention of your customers, speaks to them, and promotes action Read More

September 30th is the end of the federal government’s fiscal calendar and if you sell anything to Uncle Sam, you’ll know that the busy year-end buying season is almost upon us. So what can you do now to ensure your small business is factored into consideration by government procurement officers and end users come "busy season"? Here are seven marketing tips for landing federal fiscal year-end business Read More

“There may be liberty and justice for all, but there are tax breaks only for some” (Martin A. Sullivan, Economist). Well, yes, if you know where to find them and apply them correctly. For small business owners, these tax breaks often come in the form of tax deductions. To help you navigate the complex world of business tax deductions, here is some guidance that will help you take the deductions you deserve Read More

The Small Business Administration (SBA) just joined the social media world with a new Facebook page and an official Twitter account (www.twitter.com/sbagov).

Become a fan on Facebook http://www.facebook.com/SBAgov.

The Small Business Administration works to assist and protect the interests of small business. SBA guarantees loans and provides business development assistance to small businesses. It administers its programs through district offices throughout the United States and provides additional services through its network of resource partners: the Small Business Development Centers (SBDC), SCORE, U.S. Export Assistance Centers (USEAC), Women's Business Centers (WBC), and Veterans Business Outreach Centers (VBOC) Read More