Making Sure You Eat: Paying Yourself As A Small Business Owner

(This post is part of my Small Business Startup & Survival Guide. You can catch up on the whole series here.) You probably had two objectives when you started your business: to do something you loved doing and to make money. Often, the first part is far easier than the second part. But you need the … Read more

Debt, Equity and Startup Money

(This post is part of my Small Business Startup & Survival Guide. You can catch up on the whole series here.) In the U.S., it’s possible to start a business on a shoestring. This isn’t the case everywhere: some countries require that you have a minimum level of capital in order to open your doors. But … Read more

Funding Retirement Without Breaking The Bank

(This post is part of my Small Business Startup & Survival Guide. You can catch up on the whole series here.) If you go to work for almost any big company these days, you’re practically guaranteed some kind of retirement plan. While pensions may be fading as a perk (except in government), they’re being replaced by … Read more

Small Business Dilemma: Paying For Health Care

(This post is part of my Small Business Startup & Survival Guide. You can catch up on the whole series here.) Under the new health care law, sometimes called Obamacare, the “employer mandate” kicks in for businesses with 50 or more full-time equivalent employees (FTE). For purposes of the mandate, FTE includes full-time employees plus each … Read more

Employees Or Independent Contractors? Categorizing Workers Properly

(This post is part of my Small Business Startup & Survival Guide. You can catch up on the whole series here.) When you’re a small business, you might not have the resources (nor the need) for a full time staff. You might opt to have one or two employees who work part-time, one or two who … Read more

Filing And Paying Business Taxes On Time

(This post is part of my Small Business Startup & Survival Guide. You can catch up on the whole series here.) If you’re a W-2 employee, tax time is fairly simple: one return for federal and perhaps one or two for state and local, depending on where you live. If you’re a small business owner, those … Read more

Lawyers, Accountants and Administrators, Oh My! Putting Together A Professional Team

(This post is part of my Small Business Startup & Survival Guide. You can catch up on the whole series here.) When we opened our own business, my husband and I thought that we were going to call all of the shots. We had a name, a business plan, an office space and had even designed … Read more

LLCs, S Corps & PCs: Choosing A Business Entity

(This post is part of my Small Business Startup & Survival Guide. You can catch up on the whole series here.) When you’re getting started in business, it can be tempting to rush through to get to the good stuff. After all, you have your cool idea and your even cooler sounding name… Can’t you just tack … Read more

Small Business Startup And Survival Guide

In 1938, Bill Hewlett and Dave Packard began working part-time in a Palo Alto garage. With $538 just in working capital, the pair developed an audio oscillator: it would become the first product for the fledgling Hewlett-Packard partnership. Today, Hewlett-Packard sits at #35 on Forbes’ list of most valuable brands, with an estimated worth of … Read more