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Tips and Resources to Scale Your Small Business

Success

“Every business has different startup costs, but they all have one thing in common: having a financial cushion,” says Bob Marshall, the business growth and strategy executive for the Small Business Development Group at Wells Fargo Bank. You need to know what your costs will be and whether your business is scalable.”

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Hello Alice Co-founders Carolyn Rodz and Elizabeth Gore Are Fueling the Small Business Ecosystem

Success

A journey filled with unexpected events is an apt comparison for what many small business owners encounter in entrepreneurship. During a conference in 2015, the future co-founders started talking about a mutual passion to address the problem of equity in the small business space. What is Hello Alice?

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Can employee ownership improve capitalism?

Work Life

For example, advisors or business owners may mistakenly believe employees have to pay for the business out of their pockets, raising concerns whether employees have sufficient financial capacity. But confounding factors can make financing the deal a challenge. Over half of small business owners are near or at retirement age.

Finance 98
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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. Or upgrade your equipment.

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3 most common Small Business Administration loans—and which type might be good for your business

Ruby

million strong, small businesses account for 99.9% of all American businesses. To help support these small but mighty drivers of the American economy—which collectively employ more than 45% of the nation’s labor force—the Small Business Administration offers a variety of business loans to help them grow and succeed.

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Can AI improve one of the most expensive (and boring) parts of work?

Work Life

Today, Gusto , a payroll and HR software platform for small businesses, rolled out a new AI “assistant” named “Gus” that promises to simplify compliance and save companies from crushing fines. But for now, think of AI as a way to help early small business owners. She just didn’t know all the intricacies.”

Payroll 98
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How to Choose an Employer-Sponsored Retirement Plan

Insperity

There are several types of retirement plans that your small business could potentially offer; each functions differently and carries different benefits. 401(k) is the most well-known retirement plan available to any business. Step 7: Be aware of nondiscrimination laws governing retirement plans.

Planning 100