business advice Archives - Business Advisory Solutions

How Do Small Business Owners Determine Salary?

Determining salary as a small business owner involves several considerations to ensure fair compensation while maintaining the business's financial health. A step-by-step Guide... Assess Financial Position Evaluate the business's financial health, considering…

March 19, 2024

business advice, taxes

How Do Taxes Work For Business Owners?

Taxes for business owners can be complex and vary depending on the structure of the business (e.g., sole proprietorship, partnership, corporation), the location, and the type of business activities. Here's a general…

March 17, 2024

business advice, business management

Do I Need To Keep Credit Card Receipts For My Business?

Yes, it is advisable to keep credit card receipts for your business for a variety of reasons, particularly for record-keeping, tax compliance, and audit purposes. Here's why retaining credit card receipts is…

October 1, 2023

business advice

Why You Should Start A Service Based Business?

Starting a service-based business can offer several advantages, and many entrepreneurs choose this path for various reasons. Here are some compelling reasons to consider starting a service-based business: Lower Startup Costs: Service…

September 8, 2023

business advice, personal finances

What Is The 50 30 20 Rule?

The 50/30/20 rule is a personal finance guideline that suggests allocating your after-tax income into three broad categories: needs, wants, and savings. This rule provides a simple framework for budgeting and managing…

September 2, 2023

business advice, business management

What Is An Example Of A Business Product Service?

It seems there might be a slight confusion in the terminology. Typically, the terms "business product" and "business service" are used separately to refer to different types of offerings. However, if you…

August 30, 2023

business advice, business management, customer service business

What Is A Professional Service Team?

A professional service team, often called a professional services team or PS team, is a group of individuals or experts who provide specialized knowledge, skills, and services to clients or customers in…

August 16, 2023

business advice, services

What Are Business Professional Services?

Business professional services, also known as professional services or professional service firms, refer to a category of organizations that offer specialized expertise, skills, and knowledge to other businesses or individuals. These services…

August 14, 2023

business advice

Can I Have My Paycheck Deposited Into My Business Account?

Yes, you can have your paycheck deposited into your business account under certain conditions. The ability to do so depends on your business's legal structure and the specific arrangements you have in…

August 13, 2023

business advice, business management

What Skills Do Managers Need To Succeed?

Successful managers require a diverse set of skills to effectively lead and oversee their teams and achieve organizational goals. These skills encompass a combination of technical, interpersonal, and leadership abilities. Here are…

August 12, 2023

News & Advice

How Do Small Business Owners Determine Salary?

How Do Taxes Work For Business Owners?

Do I Need To Keep Credit Card Receipts For My Business?

Why You Should Start A Service Based Business?

What Is The 50 30 20 Rule?

What Is An Example Of A Business Product Service?

What Is A Professional Service Team?

What Are Business Professional Services?

Can I Have My Paycheck Deposited Into My Business Account?

What Skills Do Managers Need To Succeed?

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