by mariettacp | Nov 8, 2012 | Money Tips
Here’s an important reminder for small nonprofit organizations: If your organization had its tax-exempt status revoked for failing to file an annual return from 2007 through 2009, the IRS is giving you a chance to get reinstated The IRS has issued guidance for...
by mariettacp | Nov 7, 2012 | Money Tips
We’ll have some political lame ducks this year, and Congress will convene a lame duck session after the November election. A quick reminder about lame ducks: A member of Congress who lost his or her bid for reelection in November 2012 will still be in Congress...
by mariettacp | Nov 6, 2012 | Money Tips
Keeping costs under control is crucial in today’s challenging business environment. Without a doubt, one of the quickest ways for a business to cut costs is through staff reduction. But cutting jobs is not always the best cost-cutting strategy. Drastic job cuts can...
by mariettacp | Nov 2, 2012 | Money Tips
As a small business owner, you have to be careful when buying on credit or taking out loans. Too much debt means you may have trouble making payments on your principle or interest balances. If you cannot make your payments on time, you may have to refinance at...
by mariettacp | Oct 30, 2012 | Money Tips
If you are a small business that is planning to grow, you have to be able to make solid decisions about how to expand your capacity. And while there are many different aspects to consider, one of the major issues associated with the growth of successful businesses...
by mariettacp | Oct 23, 2012 | Money Tips
Just as you should have effective systems for receiving cash, you should also have the right systems for paying out cash. In fact, your accounts payable system is just as important as any other aspect of your business. Therefore, it should be aggressively managed...