Owning a business is both exciting and intimidating; but you have lots of support. Find resources to help you make decisions on starting or growing your enterprise. Browse these tools, then contact your SCORE mentor to get help putting your ideas into action.
However, the type of corporate structure - that is, which form of corporate entity to utilize - is one of the single most important planning decisions a business can make, and it is consistently one of the areas where I see the most misinformation given and mistakes made.
Time is definitely a luxury for small business owners. However, no matter the time constraints, it's important to devote appropriate time to payroll.
If you’re not careful, you could be making some common mistakes that not only increase your chances of an IRS audit, but also harm your business in the long term, a Xero survey of accountants reveals.
One of the most common business structures used to start a business is the sole proprietorship. Read more
While all charities are nonprofits, not all nonprofits are charities. Here, you'll find the primary differences between the two. Read more
If you get all of your ducks in a row and get organized about your business’ tax situation, you’ll pay considerably less in taxes and have more money to grow your business. Read more