Small Business

How To Obtain An Alcohol License For Your Business

It is no secret that you cannot serve or sell alcoholic beverages to your customers without an alcohol license. Failure to obtain an alcohol license could result in a fine, cease and desist order or even jail time. Luckily, you can still receive your alcohol license before your grand opening. Follow these steps to obtain the right alcohol license for ... Read More »

5 metrics to evaluate life insurance business

Till now you have interacted with life insurance companies as a customer, and so you needed to understand the different products they sold, embedded costs, performance record of the insurer and processes of making a claim. But last year, with ICICI Prudential Life Insurance Co. Ltd going public, followed by two other insurers this year namely SBI Life Insurance Co. ... Read More »

Small Business Groups Prefer Senate Tax Cut, But Mostly Don’t Love It

House Republicans appear to have largely given into their Senate colleagues on a tax cut bill, news reports suggest. (Photo by Aaron P. Bernstein/Bloomberg) You might have thought that when it comes to the competing tax cut bills that have been duking it out behind closed doors at the Capitol, advocates for small business would feel like they’re living in ... Read More »

Morneau’s small business tax changes promise simpler rules for income sprinkling

Federal Finance Minister Bill Morneau on Wednesday released new rules to clarify how family members will be treated under tax changes for small businesses. (Fred Chartrand/Canadian Press) The federal government has unveiled its new proposal to curb “income sprinkling” by some small business owners to family members, with substantive changes to a much-criticized initial proposal unveiled in the summer. But ... Read More »

UPS Store steps up to help small businesses ‘close the deal’ on Small Business Saturday

Small Business Saturday is a big deal for many independent businesses, with millions of shoppers expected to shop small on Saturday, November 25. Not all business owners will win the day simply by opening, however – they need to close deals by turning browsers into buyers and repeat customers, and the UPS Store is helping by offering a Closer Kit. The Small Business ... Read More »

The Three Best Sources of Small Business Loans Today

With stock markets performing well and optimism over President Trump’s tax cuts, small business lending is thriving in 2017. For the first time since before the start of the Great Recession a decade ago, big banks are now approving one quarter of the loan applications they receive. According to the latest Biz2Credit Small Business Lending Index, loan approval rates at big banks climbed two-tenths of ... Read More »

House Committee Approves Small Business Tax Changes

The House Ways and Means Committee last week approved a revised bill that would lower taxes for many small business owners, and Senate Republicans are also proposing changes in the tax laws. The House bill provides for a 25 percent tax rate for many sole proprietors, partners and shareholders in what are known as S corporations. These owners have what are called ... Read More »

Take Advantage of Effective Presentations: Read These 4 Tips

Presentation skills are essential in today’s business world. If you work for someone else, at some point you will probably need to make a presentation. When you own your own business, you definitely have to make presentations. Knowing how to present effectively is a soft skill that can help you excel in almost any field. Tips for More Effective Presentations Here’s how ... Read More »

ADP Reports Overall Job Losses at Small Businesses for First Time This Year

Small businesses are seeing overall job losses for the first time this year, but the news is not all bad. September 2017 ADP Small Business Report According to the September 2017 ADP Small Business Report small businesses lost 7,000 jobs overall last month. This is the first month this year that ADP (NASDAQ:ADP) is reporting job losses rather than large job gains at ... Read More »

GST tweaked, relief for small businesses

October 6, 2017: The GST Council, chaired by Union Finance Minister Arun Jaitley, met in New Delhi today. Prime Minister Narendra Modi had asked the GST Council to review all the problems arising from the new indirect tax regime. The council deliberated on GSTN glitches and issues faced by exporters. Jaitley addressed the media after the meeting. Change in rates ... Read More »