The business cycle can be crazy. We can work nonstop and it can feel like we are not getting anywhere. Have you ever stopped to ask yourself if you are working on what is important? Join Kristin and Jeff as they explore this important topic.
Many small biz owners struggle to even get three hours of time per week to grow their business according to this OfficeMax survey
Do you have tax liabilities in another states or countries and not even know it? Nexus is a term that you might have heard but you aren't really sure what it is. Most small businesses don't think about it because it must be something only bigger businesses deal with but states and other countries are getting smarter.
Merriam-Webster defines nexus as a connection between two things. For tax purposes, that connection creates a tax liability. How does a business create a connection for tax purposes?
Under traditional rules, there were three ways to generate nexus in a state:
With the popularity of online shopping and states losing out on sales tax money from those internet sales, states started to redefine how nexus was created. Many...
Kristin and I have both created many proposals in our 30 years of experience. We have seen a growing trend in proposals. Listen to today's episode as we discuss this trend and why, if you use it, this tactic it is hurting your business and different ways to change it to your advantage.
Kristin and I easily have hundreds of discussions a year about websites with Small biz owners. So in this episode, we will be talking about the most common myths we hear about websites and give some simple advice on how to deal with your website.
Myth #1: Homepages need to cover everything
This is like the avatar problem, if you have it all on one page, the page will fail to serve anyone.
Myth #2: Advanced marketing websites are very expensive to set up or
Myth #3: They are too difficult to DIY
We started our email list because everyone says that you need an email list. However, we found most of the platform gurus fail to explain how to use it. Join us in this podcast episode as we talk the 3 most common problems we see with companies' email strategies.
Small Biz takeaway!
Plan to sell and consider Funnel Scripts!
This post contains affiliate links.
You might be shocked to learn this. The government loves when you hire employees. It has many benefits for them and the people you work with. They love it so much, in the tax law that past called Tax Cuts and Jobs Act of 2017, they created a special tax deduction to help make sure that your business pays out wages once it becomes profitable.
Join Kristin and Jeff as they look at this new tax deduction, That can reduce your small biz profits by 20%. However, beware if you do not have wages and you make 1 dollar too much... It can cost you the entire deduction.
Kristin and I could have panicked. Hearing about how much disruption a newborn can cause in our lives. Even with our fear, we chose to focus on the other advice given to us from most of the parents who talked to us. A newborn will be difficult. However, it will be the biggest blessing we can have and take the opportunity to learn how to have a better life and small business
Kristin and I understand that we will spend the rest of our lives raising our new son. Let us share with you what we have learned to improve our company so far after having a new child.
We have been seeing all the headlines about how social media and how it hurts people. So Kristin and I pulled together the list of how we thought social media was hurting our small business and did some research.
So check out the latest episode and learn what shocked us... how our business is really being hurt by social media and how to fix the problem.
It happens every year! Kristin and I start hearing or getting tagged in questions about people who are stuck finishing off their accounting books every year. We decided to ask our Small Biz Life Community for their questions to answer here!
I get it. I hate bookkeeping and I am cheap. I do not like "paying" monthly fees. I am a cheapskate. However, This is one of those areas I have evolved. Kristin has managed to keep the books for all of our companies and families in about an hour a month.
Listen to this important episode that will free up your time, and all you to MAKE MORE MONEY NOW!
So often we hear that spouses are not respecting our dreams, but then in the next post we see people angry with their spouse for wasting your time. Respecting each other is a key to having a happier marriage and is key to living the small biz life.