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October 2010 Blog Posts (6)

Great Free Ways to Market Your Small Business

When you start up a new business, you have dreams of being successful and making huge profits. Many new owners struggle with how to promote their new business without breaking their budget. Following are some tips to market your business that are free of charge.



Newspaper Feature Articles



Does your area have a small local paper – or even a free circular – that regularly runs feature articles on new businesses? Call them and ask them to consider your new venture for a… Continue

Added by Dermound Becker on October 15, 2010 at 10:32am — No Comments

Quarterly Estimated Taxes Simplified

As a business owner, the IRS requests that you file quarterly estimated taxes (Form 1040-ES). As an employee, taxes are usually withheld from every paycheck, so the final April 15th burden is spread out over the year, before the money is ever enjoyed or spent. Owners do not typically have this luxury of spreading the burden out. So the IRS has tried to make it “easier” for owners to pay their taxes.



You will owe the taxes come April 15th, and if you are unable to pay them in full,…

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Added by Dermound Becker on October 15, 2010 at 10:30am — 1 Comment

Which Business Category is Right for You?

It’s exciting to open a small business. You have passion for your product or service, and motivation to work hard to make it successful. It may be tempting to dive in head first and leave some of the details for later. However, how you classify your business up front will affect you in may ways down the road. If you’re confused about whether you should consider sole proprietorship, partnership, corporation, or limited liability corporation (LLC), here are some of the advantages and…

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Added by Dermound Becker on October 15, 2010 at 10:30am — No Comments

Preparing for the Unexpected in Your Small Business

A small business typically runs on a tight budget. You have probably created a budget based on known expenses versus expected income. If you’re ahead of the game, you likely have a slush fund stashed away for a rainy day. But what exactly might that rainy day be? Will you be prepared, or could it devastate all you’ve worked so hard to gain?



We all know that financial advisors tell the average person to keep a fund equivalent to at least six months of salary for emergencies. Do you…

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Added by Dermound Becker on October 14, 2010 at 1:30pm — No Comments

Effective Marketing Campaigns for Your Small Business

As a small business owner, you are likely visited weekly, if not daily, by advertising representatives from TV, radio, and newspaper. These people are sales professionals paid based on commission. Their job is to convince you that you will grow your business and increase your profits by investing in their services. It’s sometimes confusing to decide if the cost is worth the potential impact on your business. Before you commit to spending money on advertising, you need to consider some very… Continue

Added by Dermound Becker on October 14, 2010 at 1:02pm — 1 Comment

Controlling Worker’s Compensation Costs in Your Small Business

It is a necessary evil of doing business – employers must carry workers’ compensation insurance in every state. Many small business owners are taken aback with the cost of workers’ compensation insurance. However, there are a number of things you can do to help control your insurance costs.



Workers’ compensation costs are calculated by multiplying a general class code rate (the riskier your business venture, the higher the base rate will be) by your modification (mod) rate. Your…

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Added by Dermound Becker on October 14, 2010 at 12:30pm — No Comments

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Forum

Retirement fund for an S Corp owner 10 Replies

HiMy wife and I are the only 2 shareholders of our S Corp which we set up for her business.I would like to set up a retirement fund that is pre=approved by the IRS. Do you guys have any recommendations on that? We still haven't paid her any salary…Continue

Started by charyo in Tax & Accounting. Last reply by Mike Fox Jul 12, 2013.

Intro 5 Replies

Hello everyone, I see that I'm the first one to post an introduction here. Interesting. Anyhoooo I actually found this site from the Craig's list events section. Who knew? I've just started with a new company selling sustainable Disaster Resistant…Continue

Started by Demelza in Introduce Yourself. Last reply by Pat Mckemy Jan 14, 2014.

How has Local Online Marketing Helped Your Business? 4 Replies

Really, I wanted to ask: a two-part question Part 1: How much new business are you gaining through local pages and review sites like Google Maps, Yahoo Local, Bing Business Portal, & Yelp?a) Less than 5%b) 5 -- 10%c)10 -- 25%d) more than 25%!!e)…Continue

Tags: maps, yahoo, bing, google, business

Started by Steven Good in Marketing for the Small Business Owner. Last reply by Pat Mckemy Dec 15, 2013.

Smaller Business 4 Replies

Anyone else interested in "smaller" business. While I am interested in learning whether my company should become an LLC (currently a sole proprietor), this webcast's example of a profit of $100,000 clearly is not representative of my situation. I am…Continue

Started by Caitlin Dundon in Small Business Community Wide Discussions. Last reply by steve leonard Oct 29, 2011.

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