Good Record-keeping Helps New Business Owners Avoid Tax-time Headaches

Good Record-keeping Helps New Business Owners Avoid Tax-time Headaches

  • Why The Car Wash Business Is Harder Than You Think

    According to an excerpt from Why Start a Car Wash, the car wash business is a $24 billion industry. This figure will wet any entrepreneur's appetite, but don't get ahead of yourself just yet. You have probably considered opening a car wash business of your own while waiting in line at your local car wash. Your mind has done the math. Every driver pays between $5 to $25 and the projected figure the owner gets per month, and then per year is enough to make you view the car wash as a healthy cash cow.

  • 9 Unique Ways To Care For Your Loved One's Cremains

    After your loved one is cremated, you have to decide what to do with his or her remains. You could go the traditional route and scatter the remains in a place that had meaning for him or her. You could also choose a more unique final resting place. Here are nine unique things you can do with your loved one's remains.  Make an hourglass. You can have some of your loved one's remains placed inside of an hourglass.

  • 2017© Good Record-keeping Helps New Business Owners Avoid Tax-time Headaches
    About Me
    Good Record-keeping Helps New Business Owners Avoid Tax-time Headaches

    I have been a business owner for years, and I want to share some tips for success with new entrepreneurs out there who are struggling. I have had my share of business ups and downs, but there was one lesson that it took me way too long to learn: Good financial record-keeping year-long keeps tax time from being so stressful. During my first year in business, I kept most business expense receipts, but when tax time arrived, I found out that I needed to save much more than just those receipts. Thanks to technology, I was able to recover most of the documentation I needed, but it was a huge headache. I quickly invested in good record-keeping software and it made tax time much less stressful during the following years.