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Best Way To Pay Yourself As The Business Owner
Determining how to pull money from your business is a critical step in a smallbusiness ownership. Whether you take a draw or a salary, makes little difference if you are a sole proprietor. A combination of salary and draw is typically how most small business start. When the business is doing well, the draw can…
Navigating the Treacherous Waters of Small Business Loans
If you own a small business, you’ve no doubt seen those ads promising quick and easy small business loans, usually for large dollar amounts. Should you really take out such a loan? Before you sign the loan agreement, there are a few key steps to protect yourself and your business.Do your homework. The old adage,’…
The New Tax Act – What It Means To Small Business
For the first time since 1986, the U.S. Congress passed major tax changes affecting both individuals and businesses across the country. The Tax Cuts and Job Act of 2017 (TCJA) has far-reaching impact for many business types and individuals.The corporate income tax rate is permanently lowered from 35 to 21 percent starting in January 1,…
Latest Articles
Determining how to pull money from your business is a critical step in a smallbusiness ownership. Whether you take a draw or a salary, makes little difference if you are… Read More
If you own a small business, you’ve no doubt seen those ads promising quick and easy small business loans, usually for large dollar amounts. Should you really take out such… Read More
