Federal Beneficial Ownership Information regulation deadline is nearing for many small businesses*
As we alerted you back in January, there’s a new federal regulation impacting tens of millions of small businesses. The U.S. Department of Treasury now requires most small companies to hand over details about their ownership via the Beneficial Ownership Information...
How much cash reserves do you need before you hire new staff?
For a small business, hiring a new employee is a big deal. It is a major investment and also an exciting milestone. Adding staff means you’re growing and potentially increasing revenue. But there is more to the financial side of adding an employee than just being sure...
Focus on Pre-tax Profit, Not on Revenue
As a small business owner, you are probably focused on growing your revenue. That’sfine – who doesn’t want to get more sales each year? But, the top line should not bethe first place your attention goes when you look at the income statement. Yes, youread that...