Small business is the cornerstone of the American economy. Despite the press coverage that large companies receive for setting new market capitalization highs, or for causing a stir about where […]
Continue reading…What You Need to Know About Operating a Home-Based Business
Operating a home-based business can result in reduced stress and lower expenses. By combining your home and office into a single location, you can roll out of bed, make breakfast […]
Continue reading…Characteristics (and Red Flags) to Look for When Buying a Business
According to Merriam-Webster, an entrepreneur is “one who organizes, manages, and assumes the risks of a business or enterprise.” Being an entrepreneur means taking financial risk for economic profit, it […]
Continue reading…The Value of Goodwill and Your Brand
When valuing a business, there are two primary assets that are considered. These are tangible assets and intangible assets. Tangible assets are physical assets such as real estate, equipment, inventory, […]
Continue reading…Rhode Island Beer Industry Boosted Through Regulatory Changes
Beer has long been beloved by Americans and Rhode Islanders are no different. But for years, state residents have remained stiff-armed in their consumption of beer by strict regulations that […]
Continue reading…Considerations When Selling Your Business
Finding yourself in a position to sell your business is a monumental achievement. Establishing a business is hard work, and preparing to sell your business is no different. There are […]
Continue reading…An Overview of Debt Collection for Small Busines
For many small businesses, getting the sale is just the first step in the process. Many small businesses rely on extending credit to the purchasers in business to business transactions. […]
Continue reading…3 Must-Ask Questions if You Are Considering Buying a Business
If you are considering buying a business, you need to ask several questions first. Getting the right information will be integral to determining whether this is a smart business decision […]
Continue reading…The Basics of Withholding Taxes for Employees
Getting tax withholdings right can be extremely daunting. Failure to pay the IRS or state taxing authority the correct amount could end up costing you thousands of dollars in penalties […]
Continue reading…Fiduciary Responsibilities and Your Business
As a business owner, you have certain responsibilities that must be fulfilled.While being a sole proprietor gives you more leeway, business owners who use any other business formation must be […]
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