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Category: Business Sense

Is Auto Insurance Tax Deductible? It Depends

Using a car for work Generally, you can calculate business vehicle expenses one of two ways: the standard mileage rate or the actual expense method. Depending on your situation, you might qualify for one or both methods. If you qualify for both – and you don’t mind crunching the numbers – it might be worth it to calculate both ways to see which method gets...

7 New Year’s Resolutions for Business Owners

Walk 10,000 steps each day. Read a new book each month. Learn how to play the flugelhorn. The sky’s the limit when creating your list of New Year's resolutions. But while you ponder the merits of your next personal goal, there’s another area of your life that could benefit from a little introspection at the year’s end: your business. As a small business owner, you...

Business Owners: 4 Trends to Watch in 2022

Each new year brings its own unique set of opportunities and challenges for small business owners. And 2022 is no exception. From shifting consumer shopping habits and government regulations to emerging technologies and the continued effects of the pandemic, it’s enough to make any small business owner take a moment to seriously consider what’s coming their way in the next 12 months ‒ and how...

Celebrate Small Business Saturday

Why Shop Small? The COVID-19 pandemic altered a lot of ways we shop. When we couldn’t roam around stores, we got accustomed to ordering online and having packages shipped to our doorsteps. Communities of all sizes saw a hit, with an estimated 50% of small businesses closing across the world. Now more than ever, our local economies need a big boost. Here’s what that looks...

Growing Your Business: 9 Tips for Opening a New Location

You started your business with a dream. A vision for the future. And there’s no satisfaction like watching that dream come to fruition. If business is booming and all your hard work is finally paying off, it’s natural to think about expansion. But how do you know when the timing is right to open a new location? The truth is, there can be danger in...