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Posts Tagged ‘Sole Proprietor’

Why Businesses Fail – The Truth

What’s been widely accepted as the reasons businesses fail such as a lack of capital, poor management, expanding too quickly, etc….is true. Those reasons fit well for established businesses with employees but do not fit for sole proprietors. There are many reasons why businesses fail and all of them have been written and spoken about…

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Why Legal Zoom Should Stay Out of The Accounting Business

selected for audit

  There is a serious problem in the accounting industry that can be traced back to Intuits’ QuickBooks program. The program touted its ability to save small business owners money on their bookkeeping by doing it themselves. It didn’t really work out the way people expected. “Bookkeeping” was being done by amateurs and it turned…

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Books and Records-what they are, who needs them and why

Books and Records Keeping

“I owed the government $3,400 in taxes. So I sent them two hammers and a toilet seat.” — Michael McShane Keeping “Books and Records” are a requirement for every business owner. If you ever received a letter that starts with “putting all business and other reasons aside we command you to produce your books and…

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How to do business

business strategy

Many entrepreneurs are so busy and focused on “stuff” and “the details” of the business they forget that businesses require processes and routines that ensure stability and growth. Thought must be given to your company’s principles and practices before you try to do to much. It takes time initially to set your business up and…

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