Small Business

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.…

Computer Tech Working

Gaining Customers Not The Only Problem For Small Businesses

By Bill Fay | April 28, 2015

Justin Nichols ran an electronics repair shop in a trendy, metropolitan neighborhood whose rebirth was the talk of the town. His storefront was one of 25 or so “mom-and-pop shops”…

Pen on a balance sheet

Financial Advice for Dealing with Irregular Business Income

By Bill Fay | October 28, 2013

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…

Social media helps small businesses

Tweet Your Small Business Out of Debt, Increase Sales

By Alanna Ritchie | May 15, 2013

When sales are low and paying for traditional advertising, like newspaper ads and fliers, is pushing your small business further into debt, perhaps it’s time to embrace social media. Social…

End of the world

A Good Year for the Doomsday Business

By Bill Fay | December 20, 2012

There are only 11 days left before the New Year – and before we hurtle over the fiscal cliff. Only four more shopping days till Christmas. Got your attention? Of…

Preparing for hurricane

Preparing a Business for a Hurricane

By Bill Fay | October 31, 2012

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…

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…