Tracking your small business expenses gives you a better understanding of how you're managing your money and could help you get some cash back. There are three main reasons why you need to keep tabs on your small business expenses.
The holidays are a perfect time to catch up on the latest good reads. This list of recommended business books will help you gain valuable insight to put into practice in 2017.
Topics: Small Business
Many business owners spend their working years building their company and reinvesting their time and money back into the entity as it grows. However, this can often mean that retirement planning and saving has been neglected over the years, which can put one at risk, financially, when they leave the workforce. This group needs to be sure that they are making their current and future personal assets as much of a priority as their business' finances.
At the start of each year, many of us make resolutions to better ourselves in the year ahead, whether it be dieting, budgeting or adding healthier habits to our weekly regimens. We here at Spectrum Management Group believe that it is important to set goals like this across the board, extending beyond your personal life and into your business.
As we enter 2014, all eyes continue to be on the economy. With that in mind, today I want to highlight an interesting article that recently appeared in The Wall Street Journal titled "Small Businesses Anticipate Breakout Year Ahead." The article caught my eye because according to the Small Business Administration, small businesses (those with fewer than 500 employees) accounted for 67 percent of the net new jobs created from mid-2009 to 2011 (the most recent data available). In other words, these companies have been a huge contributor to the ongoing economic recovery.