As a small business owner, you know that bookkeepers and accountants are professionals who can help take care of your company’s financials. But do you know what the difference is between their roles — and which one is better for a small firm? Although their duties can overlap, each one has a distinct part to play and your small business can benefit from using both. Why? A …
Money
A 401(K) retirement plan can be an affordable choice for a small restaurant business
What’s on the menu when it comes to offering employee benefits at your restaurant? Though retirement plans are cited as a major reason that staff join and stay with their employers, the traditional 401(k) is often seen as too costly and complex for a small restaurant business to provide. We’re here to break down that myth, and help you decide whether you should offer a …
Year-end tax moves for your small business
As December 31st draws near, here are a handful of tax moves your small business can make to cut its tax bill for the year, before the clock runs out on 2016. As always, check with your tax advisor before committing your small business to a decision that has tax consequences. Improve disability access The American With Disabilities Act, or ADA, requires businesses that …
Is an SBA loan right for your small business?
If your small business has been turned down for a loan by a bank it may qualify for a loan backed by the Small Business Administration. The federal agency, which is set up to help small businesses create jobs, partners with lenders to share the financial risk of making loans to small businesses that don’t quite qualify for a regular bank loan. The SBA doesn’t lend money …
More 401(k) options now available for small business
Small business owners have more choices than ever when it comes to buying a 401(k) retirement savings plan. From a traditional plan with higher costs but more flexibility to newer, automated and streamlined plans sold by a handful of financial technology companies there is likely a plan to match your small business needs and pocketbook. To determine which plan type and plan …