Small Business - Chron.com
WEBRunning a small business? Learn how to operate and grow a business with information from accounting and bookkeeping to how to obtain small business financing, get ideas for franchises and more.
A List of Deductible Business Expenses for Schedule C
WEBFeb 1, 2019 · You can deduct half of your meals while on a business trip, and all of your airfare or car expense on a business trip. You also are permitted to deduct any entertainment you pay for when seeing a ...
What Can Be Deducted in an S-Corp? - Small Business - Chron.com
WEBNov 4, 2020 · So if your S corporation made $20,000 and you own 40 percent of it, your share of the income would be $8,000 . This income is taxed at your individual income tax rate. Likewise, if the company ...
How to Check If a Company Is Genuine - Small Business - Chron.com
WEBAug 10, 2020 · Check the company's address and phone number. Check that the phone number and business match through sites such as White Pages. Type in the company's phone number in the site's reverse phone ...
Accounting Entries for a Closing Company - Small Business
WEBJan 31, 2019 · The accounting entry for paying off trade-related payables is a debit to the trade payable account and a credit to the cash account. Record any existing provisions in the profit and loss account ...
List of Tasks for Running a Small Business
WEBFeb 1, 2019 · Tasks for running a small business are seemingly endless and you may wish to delegate gracefully. Core functions include finance, bookkeeping, human resources, purchasing, production, distribution ...
Tasks & Responsibilities of a Small Business Owner
WEBMar 6, 2019 · The owner needs to identify human resources needs, write job descriptions, screen and interview candidates, train, manage and pay employees. For some businesses, it makes sense to hire a dedicated ...
10 Examples of Sole Proprietors | Small Business - Chron.com
WEBMar 9, 2019 · 10 Examples of Sole Proprietors. A sole proprietorship is a business with a single owner and not registered as a corporation, partnership or limited liability company. A sole proprietor can work ...
What Determines Small Business vs. Large Business? - Chron.com
WEBFeb 4, 2019 · In mining, large businesses are those that have 500 or more employees. In the construction industry, heavy construction contractors and general building contractors have a large business if there ...
How to Keep Minutes for a Single-Member LLC - Chron.com
WEBMar 1, 2019 · As a sole operator, the answer is always yes. The next section should list "Actions" determined for the course of the LLC in the months ahead. Minutes are then signed and dated by the secretary ...