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Want to Expand Your Small Business? 6 Things to Ask Yourself First

12 Feb, 2018 / Comments:Comments Off on Want to Expand Your Small Business? 6 Things to Ask Yourself First / By William Mahnic

When you first started your business, it was most likely very small. In the very beginning, it might have been just you, or perhaps you had one or two additional people. Eventually, you may have added a few more employees as you began to turn a profit. Now that business is good and your cash flow is steady, you are considering expanding your small business. The idea of expanding is an exciting one, but it can also be a challenging time. Expansion requires careful planning and should not be done without

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How to Avoid Business Tax Time Surprises

15 Jan, 2018 / Comments:Comments Off on How to Avoid Business Tax Time Surprises / By William Mahnic

There’s something so freeing about owning your own business, the only person you have to answer to is you. Until tax time that is. When you work for someone else, your employer is the one who withholds your federal taxes from your paycheck. When you run your own business and work for yourself that responsibility falls to you. Whether you are new to owning your own business or you have been your own boss for a while now, understanding your tax responsibilities is essential. Here are 5 tips on how

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Small Business Holiday Promotion Ideas

22 Dec, 2017 / Comments:Comments Off on Small Business Holiday Promotion Ideas / By William Mahnic

The holiday season is upon us and shoppers are out in full force trying to find the best gifts for their loved ones. These shoppers spend hundreds of billions of dollars during this time of year, making up a rather large chunk of many stores’ annual revenue. Retailers everywhere are looking to get in on the action. Large businesses are going full force with constant sales. As a small business owner, it can be difficult to stand out in a sea of other retailers but it’s not impossible though. Here

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What Does Cyber Insurance Cover; Read This Before You Buy

08 Dec, 2017 / Comments:Comments Off on What Does Cyber Insurance Cover; Read This Before You Buy / By William Mahnic

We live in a very digital world. More and more businesses are taking their goods and services to the internet as consumers move to shop online. With businesses and consumers going online, data breaches and other cyber-crimes are becoming more common. When a data breach occurs, personal information is compromised. This includes names, addresses, social security numbers, credit card information and more. The results can be catastrophic. Customers are at risk and businesses face serious fines and legal

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6 Things Online Businesses Need to Know About the Equifax Data Breach

19 Oct, 2017 / Comments:Comments Off on 6 Things Online Businesses Need to Know About the Equifax Data Breach / By William Mahnic

In early September, 2017, Equifax announced that it had been breached, and the personal information of over 143 million Americans (along with individuals in Canada and the United Kingdom) had been compromised. The breach began in mid-May and went on for three months. Information including names, addresses, social security numbers, credit card numbers and more were exposed. It’s not just consumers who are at risk. Businesses are at risk as well. Even if your business has not yet been affected by

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Tips for Managing a Healthy Work-Life Balance

05 Oct, 2017 / Comments:Comments Off on Tips for Managing a Healthy Work-Life Balance / By William Mahnic

Running a small business takes a lot of work. You are in charge of every little aspect of your business and ensuring that things run smoothly. It is very easy to become consumed with your work and let it take over your life. You suddenly find that you have little time for yourself and your family. The balance between your work and your personal life becomes tilted. While it may not seem like a big deal (your business is important after all), having this imbalance can actually be quite detrimental

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Solutions to the Most Common Growing Pains in a Small Business

03 Aug, 2017 / Comments:Comments Off on Solutions to the Most Common Growing Pains in a Small Business / By William Mahnic

Starting a small business is exciting but what’s even more exciting is watching it grow. When your small business is growing it means that something is going right but doesn’t necessarily mean that everything is going perfectly. This can often result in “growing pains.” Growing pains let you know that something needs to change. Here are 7 of the most common growing pains and what you can do to solve them.   Hiring the Right People Finding qualified employees can be a major challenge

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Simple Credit Building Hacks for Your Small Business

20 Jul, 2017 / Comments:Comments Off on Simple Credit Building Hacks for Your Small Business / By William Mahnic

You hear constantly about the importance of a good personal credit score. Did you know that your small business has a credit score as well? The credit of your small business is just as important as your personal credit. A better credit score will help you to secure better interest rates on loans, get better trade terms with suppliers and decrease the instances in which you might need to prepay for products or services. Building your credit will take some time and effort, but it doesn’t have to

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Tips to Protect Your Small Business Against Fraudulent Chargebacks

08 Jun, 2017 / Comments:Comments Off on Tips to Protect Your Small Business Against Fraudulent Chargebacks / By William Mahnic

You always hear about advice for consumers to protect themselves against credit card fraud. Sources like banks and consumer groups provide pages of information and tips. Consumers aren’t the only victims of credit card fraud. Businesses are just as vulnerable. No business wants to deal with fraud, but it can be especially harmful to small business owners. You already have a tight enough budget without having to deal with chargebacks. Chargebacks are disputed charges that are meant to protect consumers

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Affordable Legal Services for Small Businesses

25 May, 2017 / Comments:Comments Off on Affordable Legal Services for Small Businesses / By William Mahnic

You have a lot on your plate as a small business owner. One of your biggest challenges is most likely dealing with a limited amount of money. There’s a good chance that you’re constantly on the lookout for ways to cut costs. Legal services are easily one of the most expensive needs that a small business has. Both routine needs such as forming a new LLC or drawing up a contract and larger issues such as disputes or lawsuits that should be handled by a professional. Fortunately, there are ways

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