5 Important Small Business Regulations

Business regulations are put in place to create safer working environments, ensure employees get requisite benefits, and protect against the formation of monopolies. To avoid fines, penalties, and possibly worse, make sure you know what these are and how they pertain...

12 Tax Deductions For Small Businesses

Do you want to save a ton of money on your income taxes? Here are the top 12 small business tax deductions you can track now to save big on your taxes! Deduction #1: Business Use of Your Car If you use your vehicle for business purposes, you can deduct the costs of...

What is a Profit and Loss Statement? P&L

A profit and loss statement, or P&L, has many other names. It is known as a statement of operations, earnings states, expense statement, and income statement. A P&L shows all of the company’s revenue and expenses over a given period. It shows you exactly...

What Are SBA Loans? The Simple Explanation

What is an SBA .oan? SBA stands for Small Business Association, a U.S. Government agency that was established in 1953. It’s designed to boost the economy by helping small businesses get started or grow. An SBA loan does not come from the SBA directly, it’s...