Holiday Planning in Summer- Tips to Get Ahead
If you run a business that sees most of its revenue over the holiday season, it can be tempting to simply take the summer off. After taxes are filed, and before the seasonal marketing must begin, there are often a few months of down time. And while it’s great to take that well-earned vacation, don’t let the entire summer fly by, without putting in any time on your company. Even if you run a Chr...
Are You Keeping Up With Your Bookkeeping?
When you’re a business owner, you’re used to having a full plate. You’re weathering lots of ups and downs, booms and busts, celebrations and challenges, on a regular basis. To make a successful enterprise, there are many different factors that must come together, and one of those that some people tend to overlook is accounting. Keeping up with your company’s bookkeeping is essential, but too ma...
Tips for Hiring New Employees
Whether you are a growing company looking to hire your first employees, or you’re heading into another round of seasonal hiring, now is your chance to shine. When you have the right hiring strategies and preparation to onboard new staff, you can feel calm and confident during this sometimes-tedious process. Hiring new employees can be a nerve wracking and discouraging process, particularly for ...
What to Do During a Temporary Close in Business
Many businesses small and large across the state have found themselves closing their doors over the past few months. During unusual times like the current pandemic, it may be best for certain types of companies to temporarily shut down, whether that comes as a governmental mandate or a personal choice. If you are one of the thousands of business owners in Colorado who has had to close up shop f...
Small Business Tips for Difficult Times
If you’re a small business owner, you’ve likely poured thousands of hours and dollars into making your company come to life. So what happens when your business runs into tough times, or unforeseen circumstances? Unfortunately, many business owners are encountering these difficulties right now, as a pandemic has put the world into lockdown. Particularly businesses like retail shops, theatres, re...
Tax Filing Extensions: What You Need to Know
For most U.S. taxpayers, April 15th is known as “tax day,” the deadline for filing income and business taxes. However, many people are eligible for an extension on this date, giving them until October 15th to file (this is for filing the return, not paying taxes, which are still due in July). This year is a unique exception, with all filers automatically being given the extension date, due to t...
Quarterly Tax Filings for Small Business
Many people are used to thinking of April 15th as “tax day” here in the U.S., but the truth is that many individuals and small business owners file taxes throughout the year! Freelancers, contractors, and other self-employed individuals typically pay quarterly tax filings on estimated income. So that means you may have not one, but four tax days every year. However daunting this may seem, when ...
Budgeting Tips for Seasonal Businesses
If you run a company that sees dramatic swings in revenue throughout the year, you have unique financial challenges that other, steadier businesses may not have. If your business brings in the majority of income during the summer, like many contractors, landscapers, and outdoor-related businesses, you’ll have to work a little harder to budget appropriately. Thankfully, there are great C...