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Tax Refunds Are Down — Here’s How to Protect Your LLC

by / ⠀Entrepreneurship / June 4, 2019

If you run a small business, your 2018 taxes were probably far higher than expected. The reason: The 2017 Tax Cut and Jobs Act significantly modified the tax code. These changes didn’t become evident until Americans filed their 2018 taxes. At their heart, the changes aimed to lower taxes for corporations. While this mostly means bigger companies, forming or modifying an LLC can help reduce your tax burden.…

Socialization Is a Skill, Too: 4 Ways for Working Adults to Develop It

by / ⠀Entrepreneurship / April 25, 2019
Here's how to shake the rust off your social skills.

Relationship building and networking are important to entrepreneurs, but they may not come easy. No, it’s not just you: Americans across the board are becoming lonelier. According to a Cigna study released last May, 46 percent of American adults say they always or sometimes feel alone. Just 53 percent say they experience meaningful in-person interactions, like engaging in a deep conversation with a friend or family member, on…

Building the STEM Workforce Today’s Talent Pool Can’t Provide

by / ⠀Startup Advice / April 22, 2019
How prepared are you for the next decade's hiring demands?

Today’s tight labor market is flipping the script on recruiting. Rather than job seekers trying to impress employers, the opposite is happening. Apprenticeship opportunities, in which employees are paid to be trained rather than incur student debt, have grown by 42 percent since 2013. And they’re no longer limited to blue-collar fields: Most of the growth has been fueled by companies in science and technology. The global talent…

4 Business Tips You Didn’t Know You Learned in High School

by / ⠀Career Advice Entrepreneurship / April 18, 2019
Awful or great, high school was the foundation of your entrepreneurial success

You thought “promposals,” undercooked cafeteria pizza, and hallway passes were things of the past. And hopefully, those unfortunate realities are indeed behind you. But to become a successful entrepreneur, it turns out you have to relive at least some of your high school experiences. Despite the challenges of being a teen, those years taught you valuable lessons that you can use as a corporate leader. From discovering and…

How to Fight Your Need for Instant Gratification to Help Your Business Succeed

by / ⠀Entrepreneurship / April 15, 2019
How do you balance today's needs with tomorrow's?

Your brain is locked in a never-ending battle between now and later. This tug of war is why you eagerly tackle nonessential tasks instead of pressing ones. You might know that a deadline is looming, but it feels so good to remove something from your to-do list that low-hanging fruit lures you away from more urgent matters. Simply put, we’re all wired to crave instant gratification. Researchers at…

Bad at Taking Risks? 4 Tips to Be Bolder

by / ⠀Entrepreneurship / April 7, 2019
Are you as bold as you need to be?

Fear is a company’s food: It comes in many flavors, but it must be swallowed for the business to live. The trouble is that many of us learn to be picky eaters from an early age. Although we’re curious about what happens when we put our hand on a hot stove, we don’t attempt it — we know we risk hurting ourselves. While our early risk aversion protects…

The 3 Biggest Mistakes Business Owners Make When Selling a Company

by / ⠀Entrepreneurship / April 5, 2019
What to do — and not do — when selling your business

When you’re a business owner, the sale of your company can be one of the most bittersweet experiences of your professional career. But if you expect to enjoy more of the sweet and less of the bitter, it’s crucial to avoid committing certain all-too-common mistakes. The Three Mistakes You Want to Avoid Selling a business is a challenge. It doesn’t matter how big or small, successful or unsuccessful,…

4 Automation Tools That Won’t Break the Bank for Small Businesses

by / ⠀Startup Advice / April 2, 2019
Automation can make or break a small business — but not necessarily its budget

When you hear the word “automation,” what do you picture? A self-driving car? A factory free of human workers? In reality, those applications represent an exceptionally small share of small business automation. The production and operation functions are actually the two least automated functions, according to a QuickBooks study released last April. So what are small business leaders automating? Among the 66 percent of those using automation tools, most…

How to Hack Your To-Do List

by / ⠀Entrepreneurship / March 30, 2019
How to prevent your to-do list from stressing you out

If you’re overwhelmed by your list of duties, blaring music might help. It turns out that tunes can make you a more productive worker. To be sure, if you need to really concentrate, you’ll have to go light on the lyrics to get the full mental-boosting power of melodies. You might want to turn to songs between — rather than during — lengthy tasks. However, you can be…

Room to Grow: The Advantage of Co-working Spaces for Entrepreneurs

by / ⠀Entrepreneurship / March 28, 2019
Can co-working help you sidestep problems?

Co-working is growing in popularity — even major companies are claiming office space in these centrally located and shared spaces. For entrepreneurs, though, co-working spaces are about more than just convenience; these community offices solve a number of the major challenges that independent businesses face. By moving work to a shared space, entrepreneurs cut costs, build connections, and create conditions that allow them to scale up as needed,…

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