Small Business

The COVID-19 pandemic has forced many businesses to adapt to remote work. While this has had many benefits, it has also created new challenges. One of the biggest challenges is the cost of invisible labor. What is Invisible Labor? Invisible labor is the work that goes unnoticed or

Small businesses are the backbone of the American economy, accounting for over 99% of all businesses in the United States. While many small businesses fail, many succeed as well. Here are two examples of just that: Arianna Huffington: The Huffington Post Arianna Huffington is a Greek-American

As a small business owner, you know that revenue is essential to the success of your business. But how can you increase revenue without breaking the bank? Here are a few tips: Focus on your existing customers  Your existing customers are your most valuable asset. They know your business

Early figures suggest Washington State could bring in $849 million in its first year of collecting the state's new capital gains tax. This is significantly more than the $248 million that lawmakers expected to collect. The tax, which was passed in 2021, applies to the sale or exchange of stocks,

When it comes to pricing products, no two terms are more often confused than margin and markup. While they are similar, they are two different things. Margin is the amount of money that a business makes on each sale after the cost of goods sold (COGS) has been subtracted. COGS is the cost of the

Sure, you get to be your own boss and set your own hours. But you also have to wear all the hats, from marketing to accounting to customer service. And that's not even counting the challenge of keeping your employees motivated and productive, especially during a recession. A recession is a period

Sticker shock, or client objection over price, is something all salespeople deal with at some point in their careers. And, most entrepreneurs are their company's salespeople in their business' infancy. It is a feeling that the prospect wants to spend less money on the product or service, even though

As a business owner, you understand the importance of having accurate financial records and strong internal controls to ensure the security and stability of your company. However, managing these tasks can be time-consuming and overwhelming, especially if you need a dedicated financial team or are