News & Advice

Is It Legal To Transfer Money From Business Account To Personal Account?

Transferring money from a business account to a personal account is generally legal, but it is subject to certain conditions and considerations, as it can have tax and legal implications. Here are…

July 4, 2023

managed services

What Is The Value Of Managed Services Business?

The value of a managed services business, like any other business, can vary significantly based on various factors. The valuation of a managed services business typically takes into account both financial and…

July 4, 2023

business strategy, personal finances

Can I Fund My Business With Personal Funds?

Yes, you can fund your business with personal funds, and it's a common way to start and support a small business, especially in the early stages. Many entrepreneurs use their personal savings,…

July 3, 2023

managed services

What Is A Fully Managed Service?

A fully managed service refers to a service or solution provided by a third-party provider that assumes full responsibility for the operation, maintenance, and management of a particular aspect of a client's…

July 3, 2023

quickbooks

Do Businesses Still Use Quickbooks?

Yes, many businesses still use QuickBooks as their accounting software of choice. QuickBooks is a widely recognized and popular accounting solution that serves the needs of a broad spectrum of businesses, from…

July 2, 2023

business management

Is Owner’s Draw Taxed?

Owner's draws, which are typically taken by the owners of sole proprietorships, partnerships, or members of LLCs, are not subject to payroll taxes (Social Security and Medicare taxes). Instead, they are typically…

July 2, 2023

business management

What Degree Is Best For Business Management?

The choice of degree for business management can vary based on your career goals, interests, and the specific aspects of business you wish to specialize in. There are several degree options that…

July 2, 2023

small business

How Can I Cash Out My Small Business Without Selling It?

Cashing out your small business without selling it can be achieved through several strategies, depending on your business's structure and financial health. Here are some common methods for extracting funds from your…

July 1, 2023

business management, managed services

What Does A Managed Services Manager Do?

A Managed Services Manager is responsible for overseeing and managing the delivery of managed services to clients or within an organization. Managed services typically involve the outsourcing of specific IT or business…

July 1, 2023

LLC, personal finances

Can I Fund My LLC With Personal Money?

Yes, you can fund your Limited Liability Company (LLC) with personal money. In fact, many small business owners initially use personal funds to start and operate their LLCs. Using personal funds to…

June 30, 2023

Is It Legal To Transfer Money From Business Account To Personal Account?

What Is The Value Of Managed Services Business?

Can I Fund My Business With Personal Funds?

What Is A Fully Managed Service?

Do Businesses Still Use Quickbooks?

Is Owner’s Draw Taxed?

What Degree Is Best For Business Management?

How Can I Cash Out My Small Business Without Selling It?

What Does A Managed Services Manager Do?

Can I Fund My LLC With Personal Money?

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