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pstrongDon’t Mix the Personal and the Business; Keeping Finances Separate/strong/ppWhen you launched your business you might not have paid much attention to keeping your personal and business finances separate. If a vendor needed to be paid you grabbed the closest checkbook and wrote out a check, even if it was a personal account.

pTravel and entertainment are legitimate deductions, but few business owners take full advantage of them. One reason may be that they fear that the deduction will be challenged by the IRS and they’ll have to undergo the scrutiny of an audit.

pA a href=https://www.javelinstrategy.com/coverage-area/2018-identity-fraud-fraud-... study/a confirmed that over 16 million people were the victims of identity theft in the span of one year in America alone, which resulted in $16.8

pIf you’re a small business owner struggling to make payments on credit cards and loans you might have been wondering if consolidating your debt would be a good idea.

pMost small business owners hope to, or plan to, grow. When you open one café you may have dreams of a nationwide chain. The first product you use to launch your manufacturing business could be one of many designs you have mapped out./ppBut how do you know when it’s actually time to open that second café?

pWhen it comes to getting work done in your business, you have the option of hiring independent contractors or traditional employees.

pDoes your company have problems getting paid on time? Certain industries are more vulnerable to this than others, but every business owner has experienced it at least once. There are effective strategies for always getting paid on time that really work.

pTwo of the biggest concerns of those who are investing for retirement are not running out of money and maintaining regular cash flow.

pSmall business owners quickly learn the importance of monitoring their cash flow. The flow of money in and out of your business can impact everything from the stock you have to sell to keeping the lights on. In a perfect world, your cash flows would align./ppAll of our customers would pay their bills before your invoices came due.

pspan style=color:#000000; text-decoration:noneThe percentage of tax returns being audited each year has steadily declined, due in part to dwindling government resources. Still, if you’ve been notified of a pending audit, those percentages don’t mean much. The only thing that matters is the situation that you’re now in.