Common mistakes can kill your small business, but most of them can be easily corrected or avoided. Today’s Bad Example: Bad LocationAll business depend on location to some extent. Even if your small business is just you, the location affects your work! More often, we think of retail and food businesses that depend on walk-in…
As part of the Simplified Accounting and Bookkeeping series, I present an ancient handout from my days of teaching QuickBooks courses. QuickBooks is capable of tracking an enormous level of detail and then generating reports from it. This does make the program extremely flexible, offering several different options for each type of detail. No one…
Each Friday, I open the brag basket as a fun place to brag or promote yourself and your projects. This week is special, though. We are celebrating Frozen Pea Friday for Susan Reynolds, who is having breast cancer surgery today. (Why all the peas? Susan used a bag of frozen peas as an ice pack…
Small and simple businesses don’t require too much record keeping. How tiny is tiny? This article is for you if: you have a simple side business you are the only person in your business you sell only your own services (like a consultant) you re-sell products from a single supplier, or direct selling such as…
(1) Use your bank credit card to pay year end deductible expenses; for transactions with a bank credit card, you take the deductionin the year that the item was charged, even if you pay the bill next year.(2) Remember the rules for substantiating charitable contributionsas you do your year-end giving.Starting this year, donors are required…
Each Friday, I open the brag basket as a fun place to brag or promote yourself and your projects. Last week, LizaJne bragged on her pink Christmas tree. Jeanne “OkieJ” Cole learned to brag via Jott! Twitter Buddies chimed in, too. CathleenRitt has a new book coming out, Dave LaMorte is graduating on time, and…
Every small business person has to face up to it: keeping financial records. Most of us would do anything to avoid having to set up an accounting system! Here’s my simple rule: Don’t track anything you don’t have to. Do track data that helps you make better decisions. Do meet all legal requirements. If you…
Friend Shama Hyder passed along a tip on WinWeb.com online office solution. The accounting modules are free, and the “online infrastructure” services start at $19.95 per month. Trying the free module paired with the 30 day trail should give you a chance to try it out before laying out any cash. Hyder has written an…
Glad you dropped in to the rural and small town business blog, established in 2006.
We want you to feel at home, so please take our guided tour.
Meet our authors on the About page.
Have something to say? You can give us a holler on the contact form.
Want to search our past articles? Catch up with the latest stories? Browse through the categories? All the good stuff is on the Front Page.
We partner with campaigns and organizations that we think best benefit rural small businesses.
