Small Business

Thumbnail image for When to Quit Your Day-Job to Focus on Your New Business

When to Quit Your Day-Job to Focus on Your New Business

At what point should I leave my day-job to focus 100% on my new business? I’m being stretched thinner and thinner every day and find myself physically unable to give 110% to each of my responsibilities, and yet the prospect of leaving a stable, well-paying job in a recession is downright scary if not completely asinine. Then again, I think that a recession is actually the best time to start a new business.

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Thumbnail image for The Benefits of a Recession are the Same as Those of a Forest Fire

The Benefits of a Recession are the Same as Those of a Forest Fire

This is a stressful, painful, and trying time for many of us, particularly those who have found themselves unemployed following a round of “strategic workforce reductions.” To be sure, before this ends we will suffer the loss of more jobs, homes, savings, and investments, but I dare say that at the end of this recession we will be a better nation for…

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Thumbnail image for Should Small Businesses Use a Payroll Service? Thoughts for Minimizing Your Risks

Should Small Businesses Use a Payroll Service? Thoughts for Minimizing Your Risks

There are many “vectors” pulling on the owner of a small business. You have to market the company, get the business, do the work, and get paid. The sales to payment cycle can be months long, during which you have to manage the cash flow to cover your costs and pay your employees or sub-contractors, before you can take money for yourself. One of the many non-billable tasks that you might de-prioritize are employment taxes…

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Small Business Owners: Back Up Your Data!

Perhaps you remember the episode of “Sex in the City” where Carrie Bradshaw turns on her Mac laptop, only to see the “Sad Mac”, indicating a serious hardware failure. This means that she cannot access any of her files. Her beau chastises her for not backing up her computer. She conjectures that backing up is a ritual for some strange secret society – because she has never done it and never heard about it…

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Thumbnail image for Start Now: 6 Reasons Why This Economy Is Good For Startups

Start Now: 6 Reasons Why This Economy Is Good For Startups

Doom and gloom. Layoffs, bankruptcy, insolvency, bailouts. Blah blah blah Wall Street, blah blah blah Main Street. It’s a terrible time to start a company, right? Wrong! Here are six reasons why you should start your new company right now…

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