Shop small this Small Business Saturday. We all know that Black Friday is one of the biggest days of the year for big box stores, and many of us sacrifice our Thanksgiving hours to queue in line for good deals on products. What about the brick and mortar shop down the street, though? While many of us are active members of our local communities, few of us spend our dollars supporting local stores. To support your local area, the day after Black Friday (November 26th, 2016) has been named … [Read more...]
Business Owner’s Policy 101
July 25, 2014 by
As a small business owner, you will likely need a BOP policy, also known as a business owner’s policy. Your small business is your biggest investment, and therefore you must properly protect it. Business owner’s policies are typical of small to medium-sized businesses. Since each business requires a unique amount of coverage, it is crucial that you evaluate the particular needs of your business. Typical Coverage Under a BOP: Property Insurance Business Interruption Insurance Casualty … [Read more...]
Tips for Deductibles that can Lower Taxes for Small Businesses
March 12, 2014 by
The cost of taxes can be a shock for a small business, but the proper deductions can lessen the sting. Here are some tips for things you can take off your taxes as business expenses if you have the proper documentation to back them up: Office equipment is a basic necessity, and much of it can be deducted. However, not all of it can be taken off as a one-time write-off. Some items have to be taken off over several years as they depreciate, instead. Talk to an accountant if you're not sure … [Read more...]