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5 Star Accounting and BusinessPosts tagged "Business"

Do you qualify for $5B small business grant program?

Eligible small business owners can now receive grant assistance through the Small Business Administration.   Five billion dollars in grants known as Supplemental Targeted Advances are now available to about 1 million businesses hardest hit by the ongoing pandemic.   Businesses that benefited from prior programs, such as the...

Small business openings explode as economy recovers

As light at the tunnel’s end brightens, small businesses are reopening their doors at a healthy rate, according to a new report.   By the end of the first quarter of 2021, about 85% of businesses had fully reopened, welcoming more in-person activity and greater sales. By...

5 best small business deductions for 2021

Hopefully, the light at the end of the tunnel will continue to brighten. For many small business owners, getting through economic pain of the pandemic is still an uphill climb. More than any other year, lowering your taxable income is a big priority. As a business...

5 questions to ask a potential employee during an interview

Sifting through dozens of resumes is just the beginning.   When it comes to hiring the right people, small businesses can ill afford to rush the process. Doing so can result in missing out on a partnership with a great company asset and individual.   When help is needed,...

Three tips to scale your small business

Your business needs room to grow. Implementing smart strategies to scale your business is indispensable to that goal.   However, in order take that step, you must first ensure that your business model has carved a place within the market. Otherwise, scaling can truly be a setback.   If...

Three myths about being a business owner

Starting a business from the ground up is difficult. It requires years of planning, investment and the belief that anything is possible.   As entrepreneurs learn through the process, however, building a profitable enterprise is a multi-layered endeavor, full of surprises and misconceptions that are quickly learned.   These...

What steps do I take to start a new business?

Nothing can be more personally and financially rewarding than starting a business.   Lots of financial and mental capital must be invested. This requires planning, steady decision-making and following a detailed plan.   Below is a list of what it’ll take to get your business idea off the ground...

What you should expect out of a Point of Sale System

The business world turns by the power of transactions.   When a business exchanges a good or service to its client for payment, a Point of Sale system (POS) is utilized to make the transaction possible.   Essentially, the POS is the mechanism, including hardware and software, that allows...