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Blog
Intuit QuickBooks Desktop 2023 Pricing and Sales Channel Changes
With the launch of QuickBooks Desktop 2023, Intuit has made changes to both pricing and product availability via sales channels for some QuickBooks Desktop products.
Intuit QuickBooks Desktop Is NOT Going Away
There seems to be some misinformation regarding Intuit QuickBooks Desktop “going away” leading to unnecessary confusion. I’m not sure how or where this originated from but as far as I can tell, Intuit QuickBooks Desktop is NOT going away!
Sequential Liability
If you’ve worked in the advertising industry, you’ve probably heard of sequential liability. Sequential liability is core language in many agreements between agencies, their clients (the principal advertisers) and third-party vendors.
Before You Hire Interns
Most individuals seek internships to get their foot in the door, learn and gain first-hand, real world experience in their respective fields and industries. And yes, getting paid is a major plus too.
Professional Employer Organizations
While large businesses may have the resources to maintain their own in-house HR, payroll, & benefits teams, the same may not be true when it comes to small and mid-size businesses. Some small and mid-size businesses may opt to outsource some of these functions to a third-party (ex: payroll through a payroll company) or outsource the entire function by working with a Professional Employer Organization (PEO).
Co-Working Spaces for Startups and Small Businesses
If you’re a startup or small business, finding the right office space for your business can be challenging. In addition, depending on where you are located, commercial office leases can be quite expensive.
Renewing A Commercial Lease
So, your commercial lease is coming due and you are considering staying put and signing a lease renewal with the landlord. Before you have the lease drafted, think about the concessions you’ll want from the landlord in return for signing on for more years. It’s all about negotiating the best deal you can possibly get from the landlord!
Before You Sign That Commercial Lease
Finding commercial office space can be quite a challenge. While there’s certainly real estate available, finding the right office space that satisfies your business needs, fits your business vibe, is conveniently located, offers your business the flexibility to grow and which falls within your budget doesn’t necessarily come easy.
Are Physical Company Checks Necessary
Many companies keep physical company checks on hand for their business. However, with payment options like ACH, wires and online bill pay through your financial institution and a variety of other electronic payment options, is it necessary to have physical company checks?
How Do Business Owners Get Paid - Part 2
A limited liability company (LLC) with two or more members is defaultly treated as a Partnership for tax purposes.
How Do Business Owners Get Paid - Part 1
If you’ve decided to operate a business as yourself without forming a separate legal business entity, you might be thinking … well, the money flows right into my personal account so that’s how I get paid … while that’s certainly true, it’s not the ideal way to operate as a sole proprietor.
Business Formation Documents
When you form a new business, you will amass a collection of different business formation documents. Be sure to store the original documents in a safe place and keep copies so you have the documents readily available.
Contracts and Agreements
As a business owner, you undoubtedly will need to deal with contracts and agreements.
Professional Counsel
CPAs and legal counsel provide important guidance, make key recommendations and advise you on pertinent related matters, respectively. However, they do not and cannot make the decisions for you! As a business owner, you are the ultimate decision-maker!
Setting The Right Tone
The tone, culture and atmosphere of your business or company starts at the top with YOU, the business owner.
Best Practices For Subscription Services
More and more products and services are moving towards subscription-based models. For businesses, it’s important to carefully track and periodically review all your subscription-based products and services to ensure those subscriptions align with your current business needs. There’s no reason to throw money into a black hole!
S-Corps and New York
If you form a Limited Liability Company (LLC) which has elected to be taxed as a sub-chapter S or S-Corp or you form a corporation which has elected to be taxed as a sub-chapter S or S-Corp at the federal level, keep in mind the following as it relates to New York.
Business Entities
When starting a new business, small business owners need to consider the type of business entity to form.