A Cooperative Future for Fancy Tiger Crafts
Fancy Tiger Crafts, the Denver, Colorado-based retailer for modern fabrics and yarns, has been sold to its employees.
Budgeting for Small Business Owners: 4 Things You Need to Know
Although a budget is crucial to the success of any business, large or small, creating and following one can be a difficult task. These 4 tips can help.
Self-Employed and Wondering About Retirement? Ask Your Financial Advisor About These Three Tools
Small business owners always have an eye on the future. And the future includes retirement. Whether planning for one’s own retirement as a solo entrepreneur or setting up funds for company employees, small business owners have options to protect their investments and take care of their workers. Here are three financial vehicles specially geared to those needs.
Do I Need QuickBooks? How to Evaluate and Choose a Bookkeeping Software
At some point, your business has passed a milestone that made it feel more real and more business-y than ever before. At this point, you looked at your business with fresh eyes and perhaps you wondered… “Do I need QuickBooks?” Here’s how to know.
Bookkeeping Software Comparisons
Selecting the best bookkeeping software for your business can be a confusing process. Each product offers specific features and upgrades at various price points. To make the process more straightforward we’ve gathered the information for the most commonly used applications in one place so that you can more easily compare and contrast.
Creating a Cash Flow System for Your Business with Profit First
All small businesses, but particularly craft-based businesses often struggle with cash flow. Learn to create a cash flow system with Profit First.
Schedule C Cheat Sheet
The Schedule C Cheat Sheet breaks down this tax form into simple terms with tips specifically for craft business owners filing for taxes.
Quick Start Guide: The Schedule C Tax Form
CPA Janet LeBlanc breaks down the Schedule C Tax Form into simple terms to help you prepare for the 2020 tax season.
Pre-Nuptial Prep for Business Owners: What To Do Before Saying ‘I Do’
Whether you’re planning a traditional walk down the aisle or a quick dash to City Hall, getting married requires a certain amount of planning. Picking a honeymoon destination and getting a marriage license are probably on your to-do list—but is “business planning” on there, too?
How Projecting Cash Flow Leads to Deep Insights
Not only do you need to make money (sales), you have to be able to do it while spending less than you earn (positive cash flow).
Securing Financing for Your Business
Types of business financing can be lumped into these basic categories, each with their own benefits and drawbacks.
Bookkeeping Software for Craft Businesses
When it comes to choosing bookkeeping software for your craft business, you have at least half a dozen options, all with pros and cons and champions. Here’s a rundown.
How to Close Your Business Without Having an Anxiety Attack
There are many reasons for deciding to close a business. Here is a practical guide for shutting down your business without getting overwhelmed.
Many Happy Returns: Tax Filing Tips for Your Craft Business
Recent changes to the federal tax code apply only to the 2018 tax year — which means that the existing rules still apply to your 2017 return.
Managing Debt: Best Practices for Craft Business Owners
People start, and grow, craft businesses in different ways and with many different financing sources, including debt. Here are some ideas for managing debt.
Three Strategies to Consider When it Comes to Your Retirement Savings
Retirement planning is more complicated for business owners, but equally important and worth every effort. Here are three strategies to start retirement planning immediately!
Etsy Sellers Will Have to Shift to New Payments Platform or Have Privileges Revoked
Etsy sellers will have to begin using the new Etsy Payments platform by May 17, 2017 or their selling privileges will be revoked. Etsy Payments is an updated version of what was formerly called Direct Checkout which allows shoppers to enter their credit card information when buying an item rather than having to use PayPal. Some sellers have expressed concern about the switch.
Payroll and Time Clock Software
Payroll services can keep you on track, keep you compliant, and save you time. Time card apps can help you and your employees and contractors keep track of their hours.
Paying Employees or Contractors? Here’s Why You Should Be Using a Payroll System
Payroll software is easy, affordable, and reliable. The right system can make sure that bringing on help will save you time instead of causing you headaches.
Keeping Records: Don’t Forget These Business Tax Deductions
There are a lot of expenses that you can write off on your taxes. Here’s a list of ones you should keep track of during the year to make tax time easier.