Small Business

Preparing for hurricane

Preparing a Business for a Hurricane

By Bill Fay | May 14, 2021

With the latest in forecast technology, it’s no longer a surprise when a monstrous storm like Hurricane Sandy is on the way. There’s usually substantial time for meteorologists to carefully…

family business

Why You Should Keep Your Small Business Affairs Separate from Family Life

By Bill Fay | May 14, 2021

Keeping your small business finances separate from your family life is a smart strategy for many reasons. In fact, not separating the two is likely to cause all sorts of…

Pen on a balance sheet

Financial Advice for Dealing with Irregular Business Income

By Bill Fay | May 14, 2021

Starting and running your own business is the epitome of the American Dream. Who wouldn’t love to be their own boss, the master of their own destiny? As ideal as…

Close up of form labeled "1099-MISC" with a pen sitting atop it

What Are 1099s?

By Bill Fay | November 25, 2020

1099 forms are federal income tax information forms from businesses and other institutions to document certain financial transactions conducted during a tax year. The forms are filed with the U.S.…

Amazon Logo

Amazon Begins Lending to Its Sellers

By Bill Fay | October 9, 2012, Inc., the international electronic commerce giant with a cheerful smile logo, is giving many retailers another reason to grin this holiday season as they extend participation in a new short-term…

Presidential debate

Obama, Romney Tackle Tax Code, Small Businesses, Student Loans

By Bill Fay | October 4, 2012

President Barack Obama and Republican nominee Mitt Romney squared off Wednesday night in the first of three televised presidential debates. Although many voters have already made up their minds, political…

This has what businesses need to know about sales tax

Small Businesses and Sales Taxes

By Maureen Milliken | September 26, 2012

Collecting, calculating, reporting and paying sales tax continues to be one of the most confusing — and sometimes annoying — aspects of running a small business. The issue has only become…

How do small businesses handle their debt?

How to Deal with Small Business Debt

By Bill Fay | September 26, 2012

Businesses, like individuals, sometimes suffer from too much debt. Taking on the right amount of debt – and at the right time – can mean the difference between a business…

Small Business Administration

By Bill Fay | September 12, 2012

The U.S. Small Business Administration (SBA) was created by Congress in 1953 as an independent agency of the federal government. Its function, as articulated in its mission statement is to…

Photo of coupons piled on top of each other that say "sale" and "save"

How to Make Groupons Work for a Small Business

By Bill Fay | August 23, 2012

Groupon doesn’t work for all businesses — there are too many disappointed clients for that — but it works for enough to keep it thriving, spawning plenty of copycats trying…