Posted in Dec, 10th, 2019 News & Views by AMAC Small Business Solutions
If you operate as a sole proprietorship, it’s important to understand there is no legal or financial separation between you and your business. Building business credit plays a crucial role in your company’s funding ability. Whether you operate as a limited liability company or corporation, your business has the ability to establish a credit file…
Posted in Dec, 10th, 2019 News & Views by AMAC Small Business Solutions
In the final days of December, here are some actions that can help you comply with the law, obtain tax benefits, and position yourself for 2020. During the holiday season, it’s all too easy to focus on sales to customers (for many businesses this is the peak selling season) and spending time with family and…
Posted in Oct, 29th, 2019 News & Views by AMAC Small Business Solutions
It’s possible to be a successful entrepreneur at any age. However, starting a side-business as you near retirement has unique advantages, including your years of experience, extensive professional network, and (upcoming) schedule flexibility. The eight side-hustle ideas below are perfect for encore entrepreneurs — or entrepreneurs over age 50 — who want to flex their entrepreneurial muscles…
Posted in Oct, 29th, 2019 News & Views by AMAC Small Business Solutions
Millions of small business owners and startup entrepreneurs are masters at creating great products and services, building effective teams and winning over customers. Many of them, however, would probably flunk basic bookkeeping. As the business owner, if you don’t understand the different types of “accounts” your bookkeeper uses to organize your finances, measuring the success…
Posted in Oct, 29th, 2019 News & Views by AMAC Small Business Solutions
Your business name will be forever tied to the identity of your brand. Done right, and you’ll have a company that’s instantly memorable, distinctive and unique. Done wrong, and you’ll be stuck with a name that will be tough to shake. So, how do you come up with a business name that succinctly captures the…
Posted in Oct, 29th, 2019 News & Views by AMAC Small Business Solutions
During the past week, you’ve probably paid attention to or interacted with a colleague entering a place of work with a support dog, in a wheelchair, or using a white cane to guide them. However, you may not have noticed the employee whose challenges are more understated. Since the passage of the Americans with Disabilities…
Posted in Oct, 15th, 2019 News & Views by AMAC Small Business Solutions
Cash flow management is key to success for many new and growing small/mid-sized businesses. Cash is the fuel that makes a SMB work; hence, these businesses should be managed with a primary focus on cash/cash flow rather than income or other financial measures. Hal Shelton, an angel investor, SCORE mentor and Amazon bestselling author of…
Posted in Oct, 15th, 2019 News & Views by AMAC Small Business Solutions
Whether you’re just starting your new business, or your company has been up and running for a while, protecting the business you have worked so hard to build is essential. However, in the rush of launching a startup and the day-to-day challenges it entails, many entrepreneurs neglect this step. Here are seven ways you can…
Posted in Oct, 15th, 2019 News & Views by AMAC Small Business Solutions
For many businesses, dealing with a cybersecurity incident can be a challenging endeavor, especially since it involves financial and reputational damage. While this applies to all organizations, it is especially true for small and midsize businesses (SMBs). In fact, cybercrime has become a large concern for the business sector, with a 2019 survey revealing that 58% of…
Posted in Oct, 15th, 2019 News & Views by AMAC Small Business Solutions
Fundraising compliance is one of a nonprofit’s essential best practices for maintaining good standing with state regulators and promoting transparency and accountability in its operations. Charitable solicitation registration also opens the door to expanded fundraising strategies, donor support, and partnership opportunities. Embracing fundraising compliance as a badge of honor can strengthen charitable credibility and help…