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Surviving economic uncertainty: 5 steps to help your small business thrive

Ruby

Uncertainty can be really scary for a small business owner. But there are steps you can take to make your business more financially stable and help it survive the more challenging times. In the last few years, when the economy was booming, there was a huge increase in new small businesses.

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2021 tax deduction checklist: 10 expenses small business owners can write off

Ruby

Although it may sound like a ton of paperwork (which, to be clear, it is), this time of year also presents tons of savings opportunities for small businesses like yours. With January in the bag, most small business owners have sent out tax forms to their employees and independent contractors. Sent out advertising mailers?

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Peter Shankman, the original creator of “Help a Reporter Out” is on a mission to restore truth in media

Success

A few years later, it was acquired by his largest advertiser, Vocus (which would later be acquired by Cision). For years, HARO was a go-to source for thousands of users, which included businesses and journalists on tight deadlines. I built HARO into the first and largest online source repository in the world,” he says.

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Going solo: 3 quick ways to jumpstart your own legal practice

Ruby

Then there are marketing and advertising costs…oh, and don’t forget paralegal and receptionist salaries! Finding funding Small business loans are an option but require putting up collateral. Credit cards are a fallback for small purchases, but you don’t want to fund a business with them due to comparatively high interest rates.

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Making Taxes Less Taxing

Success

Your accountant can help you with that, or you can learn about them in the IRS Tax Guide for Small Business. You’ll Need To Pay Quarterly Estimated Business Taxes—Federal, State And Local As an employee, you had taxes taken out of your paychecks and only needed to file an annual tax return. But there’s good news, too.

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How to Cultivate A Learning Environment In The Workplace

Vantage Circle

A small business may not have the same resources as Google or Amazon, but it can still build a culture of continuous learning. For example, McDonald's iconic Happy Meal was created by Dick Brams, a regional advertising manager based in St. What does it take to make learning and development a part of your organizational DNA?

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How to Create Strategic Partnerships

Success

Partners should complement each other, says Denise Rodriguez-Lopez, a former n American Express OPEN Advisor, who consulted small businesses on partnerships. Vet the potential partner to make sure they have solid finances and a track record as a reliable and ethical business. Win-win-win.

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