Hire independent contractors, not employees
Hiring employees is, so (shall we say) 20th Century. Employees need health care, social security taxes, state unemployment, sick days, pension plan, life insurance, disability, occupational safety, and more. A well-trained and loyal workforce also creates huge fixed costs which
Hire independent contractors, not employees
Hiring employees is, so (shall we say) 20th Century. Employees need health care, social security taxes, state unemployment, sick days, pension plan, life insurance, disability, occupational safety, and more. A well-trained and loyal workforce also creates huge fixed costs which
Avoid fixed costs
Reblogged from Accountinator: A healthy start up business must be flexible and ready for unexpected changes in demand. Key to building this flexibility into your business is to minimize fixed costs and overhead. First of all, what are fixed costs?
Avoid fixed costs
Reblogged from Accountinator: A healthy start up business must be flexible and ready for unexpected changes in demand. Key to building this flexibility into your business is to minimize fixed costs and overhead. First of all, what are fixed costs?
The college delusion
Reblogged from Accountinator: I have been a college professor for 16 years, and I often ponder how the benefits of a college education exceed the costs. First, the costs: Four (or more) years of your life. A lot of money,
The college delusion
Reblogged from Accountinator: I have been a college professor for 16 years, and I often ponder how the benefits of a college education exceed the costs. First, the costs: Four (or more) years of your life. A lot of money,
10 Tips to Manage Your Time Wisely
Reblogged from InspiredConsciousLiving: Picture by Salvador Dali Make a To Do List It’s much easier to stay on task if you have a set list of things you need to accomplish. Create multiple lists for different periods of time. Make
10 Tips to Manage Your Time Wisely
Reblogged from InspiredConsciousLiving: Picture by Salvador Dali Make a To Do List It’s much easier to stay on task if you have a set list of things you need to accomplish. Create multiple lists for different periods of time. Make
How to measure progress
What’s your goal? How can you measure progress towards meeting your goal? These are practical questions – not only does every business person need goals, but they also need to measure progress. I’ll give you a simple example. I’m blogging.
How to measure progress
What’s your goal? How can you measure progress towards meeting your goal? These are practical questions – not only does every business person need goals, but they also need to measure progress. I’ll give you a simple example. I’m blogging.
The IRS can call your money-losing business a hobby - and take away your deductions!
Reblogged from Accountinator: If your business has been losing a lot of money for a long time, the IRS could call it a hobby and stop you from deducting your losses. Key to avoiding the “hobby” status is that your
The IRS can call your money-losing business a hobby - and take away your deductions!
Reblogged from Accountinator: If your business has been losing a lot of money for a long time, the IRS could call it a hobby and stop you from deducting your losses. Key to avoiding the “hobby” status is that your
Should you reinvest dividends?
As an investor, should you reinvest dividends? There are several benefits to reinvesting dividends: avoiding commissions and fees on buying more stock; helping you to save money and reinvest it in your portfolio; encouraging you to reinvest money into the
Should you reinvest dividends?
As an investor, should you reinvest dividends? There are several benefits to reinvesting dividends: avoiding commissions and fees on buying more stock; helping you to save money and reinvest it in your portfolio; encouraging you to reinvest money into the
Dividends explained
Dividends are distributions of profits to stockholders. Corporations pay dividends; dividends paid by partnerships and sole proprietorships are called “withdrawals” or “drawings.” “Dividends” generally refer to cash dividends, cash payments to stockholders as a distribution of their profits. After all,
Dividends explained
Dividends are distributions of profits to stockholders. Corporations pay dividends; dividends paid by partnerships and sole proprietorships are called “withdrawals” or “drawings.” “Dividends” generally refer to cash dividends, cash payments to stockholders as a distribution of their profits. After all,
What are revenues?
Revenues are inflows earned from your customers. The key factor to understanding revenues is understanding that you must earn them. To earn a revenue, you must provide whatever service or product it is that you provide to your customers. For example,
What are revenues?
Revenues are inflows earned from your customers. The key factor to understanding revenues is understanding that you must earn them. To earn a revenue, you must provide whatever service or product it is that you provide to your customers. For example,
Just Because the IRS Fails to Respond to Your Nonsensical Letters, It Doesn't Make Them Any Less Nonsensical
Reblogged from Double Taxation: A Take On All Things Taxes: Despite driving a truck for a living, Kevin Holloway was confident he knew the ins and outs of the Constitution. And nowhere on that sacred parchment, Holloway would have you
Just Because the IRS Fails to Respond to Your Nonsensical Letters, It Doesn't Make Them Any Less Nonsensical
Reblogged from Double Taxation: A Take On All Things Taxes: Despite driving a truck for a living, Kevin Holloway was confident he knew the ins and outs of the Constitution. And nowhere on that sacred parchment, Holloway would have you
