Small Business Resources & Tips 2022

What is a UCC Filing and What Business Owners Should Know About It?

As a business owner, it's important to be familiar with the various types of filings that can impact your company. One such filing is known as a UCC filing. Before we delve into what a UCC filing is and what business owners should know about it let’s define what UCC is. What Is UCC? The [...] Read More

What are the Tax Differences between S-Corp vs LLC?

When it comes to taxes different types of businesses have different taxes.  This article will discuss the tax differences as well as the tax benefits between an S-Corp vs LLC but first, let’s discuss what is an S-Corp and what is an LLC business. What is an S-Corp? An S corporation, also known as an [...] Read More

How Does a Business Line of Credit Differ from a Business Credit Card?

A line of credit and a credit card both offer ways to borrow money, but there are some key differences between the two.  If you are a business owner looking into these two options to help you cover business expenses using one of these funding options, this article will provide you with the differences between [...] Read More

A Quick Guide to Business Property Tax

As a business owner, you are responsible for ensuring that your property taxes are up to date and paid in full. Depending on the type of business you operate, your tax liability may be different. However, all businesses are required to pay property taxes on any real or personal property they own. What is Business [...] Read More

Benefits of Having a Business Bank Account

A business bank account is essential if you want to run a successful business. Not only will it allow you to manage your financial transactions more easily, but it can also give your company a professional appearance. There are several benefits of having a business bank account, including the following: Access to a Variety of [...] Read More

What Can You Do if Your Business Has Overstock Inventory?

Keeping inventory levels low and managing your business’s cash flow are both important aspects of growing a successful business. If you find that your inventory levels are too high, however, it can affect your productivity and bottom line. You may have to begin looking for ways to sell off or reduce the excess stock as [...] Read More

The Importance of Tracking Gross Profit vs Net Profit

It's important to track both your gross profit and your net profit, as they can give you different insights into your business. Your gross profit is your total revenue minus the cost of goods sold (COGS), while your net profit is your gross profit minus operating expenses. In either case, tracking both gross profit and [...] Read More

Secrets to Increasing Productivity in Your Business

Productivity in the workplace is a major concern for many workers. If you are not productive, then that means you are either wasting time or falling behind on your duties. And if you’re not careful, this can lead to negative consequences at work – including getting fired. But with the right tools and techniques in [...] Read More

What is the Difference Between an S-Corporation & a C-Corporation?

There are two types of business entities: C-Corps and S-Corps. Each has its pros and cons, so it is important to know the differences between them before deciding which one is best for you. Here are some key differences between C-Corps (S-Corps) and C-Corps. S-Corp Vs. C-Corp. The Basics An S-Corp, a special type of business [...] Read More

Understanding Articles of Incorporation and How to File Them

Articles of incorporation, also known as a corporate charter, are the governing documents of a corporation. They set out the corporation's purpose, powers, and responsibilities. The articles must be filed with the appropriate government agency before the corporation can legally exist. There are three main types of corporations: non-profit, for-profit, and hybrid. Non-profit corporations are [...] Read More

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