How would you like Uncle Sam to pay for part of your vacation? Sound unlikely? If you combine your vacation with a business trip, you may be able to deduct some of your expenses. Pay attention to the rules, though. Expenses must meet certain requirements before they’re tax deductible. General Guidelines As long as your […]
Why You Need An Annual Business Review
In addition to providing for you and your family, your small business is a part of this country’s job creation engine. Small businesses make up 99.7% of U.S. employer firms and account for 63% of net new private sector jobs.* Conducting an annual review of your business finances can help keep your business healthy and […]
Do You Have a Business Continuity Plan? You Should
What if disaster strikes your business? An estimated 25% of businesses don’t reopen after a major disaster strikes.* Having a business continuity plan can help improve your odds of recovering. The basic plan The strategy behind a business continuity (or disaster recovery) plan is straightforward: Identify the various risks that could disrupt your business, look […]
Dental Practice Tips: Find and Keep the Best Talent For Your Business
Finding the best candidate to hire is often costly and time consuming. But, if your new hire turns into a loyal, hardworking, long-term employee, your investment may be worth every cent and minute. Locate Candidates How do you find good people? In the past, people who were job hunting would look in the “help wanted” […]
The Good and Bad of Charging Late Fees
Do you struggle with getting your customers to pay their bills on time? Charging late fees might be helpful, but there are pros and cons to this approach. On the plus side, late fees: > May serve as an incentive for customers to pay bills by their due dates > Are a source of additional […]
Reviewing Last Year’s Business Records Gives You an Idea of What Worked and What Didn’t
Busy is good. Most small business owners would rather things were too hectic than too slow. As the year winds down, though, let your staff handle the busy-ness while you look at the business — where you are, what you’ve accomplished in past year and where you’re headed in the new year and beyond. Your bottom line […]