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Exploring Tax Strategies For Small Businesses: Insights Inspired By Troy Renkemeyer’s Experiences

The Startup Magazine

Navigating the complexities of tax regulations can be daunting for small business owners, yet mastering this aspect is crucial for ensuring their operations’ financial health and sustainability. Utilize digital tools and software for financial management to keep detailed logs of receipts, bank statements, and invoices.

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Vital Tips For Small Businesses And Entrepreneurs During Covid-19  

YoungUpstarts

by Wayne Titus, author of “ The Entrepreneur’s Guide to Financial Well-Being “ Entrepreneurs and small business leaders are trying to figure out how to navigate COVID-19, from how to apply for loans and assistance to FMLA regulations. Now it’s time to consider your small business in the same light.

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The Latest Questions Small Businesses Are Asking

Up and Running

The local Small Business Development Center office is a resource that can assist with the venture feasibility process. What is meant by “company culture” and how is it important to my business? Company culture is defined as the shared values, beliefs and practices of company employees including management.

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Startup Tax Planning for Better Cash Flow Management

Up and Running

Small business owners know a larger than expected tax bill could put a wrench in their company’s cash flow management , a scenario everyone is eager to avoid. But accurately forecasting your tax obligations may seem difficult, particularly when you’re busy running a company. Understand your tax obligations.

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Small Business and Startups: 5 Tips For Keeping the Books

crowdSPRING Blog

The first quarter of the business year is a great time to put in place or review your accounting and bookkeeping systems. Enter the accounting team: you, your bookkeeper, your CPA, and (sometimes) your tax specialist.Rat. The basics are pretty simple: you need to pay vendors, bill customers, make deposits, and pay your taxes.

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The Startup Guide to Affordable Accountancy

The Startup Magazine

What you may not know is that 82% fail due to poor cash flow management, according to a study by a US Bank. In their study, they found that most businesses fail due to poor understanding of cash flow and lack of a well-developed business plan. Accounting Software. Perform inventory management.

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How Cloud-Based Accounting Software Can Benefit Your Business

Duct Tape Marketing

How Cloud-Based Accounting Software Can Benefit Your Business written by John Jantsch read more at Duct Tape Marketing. As a business owner, you are all too aware of the many moving pieces it takes for a business to run smoothly. It allows business owners to do a lot themselves, even with minimal accounting knowledge.