You may incur certain costs for your company that make good business sense. Unfortunately, the tax law doesn’t view them all as write-offs. Check out this list of business expenses that remain non-deductible (in whole or in part) these expenses on your 2019 tax return. NOTE: This article has been specially updated for the […]
Perfectly Legitimate Business Expenses You Can’t Deduct Read More »
In the world of startups, there are a lot of avoidable expenses but there are also a lot you don’t need now, or maybe ever. Of course, this can vary case by case. However, when creating your budget (as part of your business plan preferably), practice conservation and frugality. Question if you really need a
5 Business Startup Expenses You Really Don’t Need (Maybe Ever!) Read More »
Running a business costs money. “You gotta spend money to make money,” the old adage goes. That’s why our businesses have operating expenses and budgets. It’s the money that keeps the ship running, and makes sure that everyone gets paid. But maintaining control of your business operating expenses can be easier said than done. Business
How to Track Business Expenses for Your Small Business Read More »
jarmoluk / Pixabay Running a business costs money. “You gotta spend money to make money,” the old adage goes. That’s why our businesses have operating expenses and budgets. It’s the money that keeps the ship running, and makes sure that everyone gets paid. But maintaining control of your business operating expenses can be easier said
Forget the financial perils, the worst part about getting laid off is that it wasn’t even your fault. You were doing your part right and yet, one fine day, you’re unemployed. First off, know that you’re not the only victim of this impromptu injustice. According to the Bureau of Labor Statistics, nearly 19.9 million workers
Laid Off? 5 Ways to Slash Expenses Till Your Next Employment Read More »
See how to be strategic about cost-cutting, before it’s too late. Worried your agency’s revenue might look a little shaky? I strongly recommend you pause now to define your agency’s three unique “cost-cutting tiers.” Why? You’ll be really glad you did if you need to cut expenses later. But it’s important to cut costs in
Need to Cut Expenses? Pre-Define Your Agency’s 3 Unique Cost-Cutting Tiers. Read More »
Mark Zeni As much as we like to think business is all about serving others and doing what we love, money plays a large role in our success. As a blogger or freelancer, you’re a business owner. You need to treat your blog or freelancing services as their very own business, even if you’re only
5 Business Expenses Bloggers and Freelancers Should Not Forget Read More »
Running a small business is a costly undertaking in terms of time, effort and money. Unfortunately, too many businesses spend too much on their expenses. This eats into your working capital unnecessarily, possibly crimping your flexibility and your ability to take advantage of opportunities as they appear. Let’s look at some expenses for which many
Small Businesses implementing AI to make employee reimbursement decisions achieve 100 percent visibility, contrasting with 2-10 percent for businesses that don’t have this ability. Those are just two of the findings from AppZen’s, “The State of AI in Business Spend” report. Employee Expense Reimbursement Trends Small Business Trends contacted Anant Kale, CEO of AppZen, to
The Latest Trends in Employee Expenses Reimbursements Read More »
Forecasting sales is useful for many reasons, such as inventory management, investor relations, and setting expense and marketing budgets. But producing accurate forecasts can be confusing. In this post, I’ll explain how to generate forecasts using Microsoft Excel. Gathering Data To start, identify the objective. What is the purpose of your analysis? Then gather data
