The latest quartet of QBO features does just that, helping you track your team’s progress and performance, automate the workflow experience, digitize the document process, and get access to hundreds of apps to alleviate your day-to-day grind.

Limited liability business structures offer a big benefit to business owners: Greater protection by separating your personal assets from your business assets. Starting a limited liability company (LLC) isn’t as simple as filling out a quick form. There are some decisions you’ll need to make upfront to distinguish your limited liability business, which may affect the type of entity you can set up.

If your S corporation applied for an Economic Injury Disaster Loan or Paycheck Protection Program relief through the Small Business Administration, it may have come with a surprise: a request for a board resolution OKing the loan application.

As business owners, we often want to be in control of every decision and every aspect of our businesses. But that’s not realistic – you simply can’t be everywhere, and do everything, at once.

The EIDL, offered by the U.S. Small Business Administration, can be a real benefit in helping your business through tough times. While the terms of the loan are favorable for business owners, the government is still charging interest daily on the full loan amount, which can range up to half a million dollars.

In the construction industry, there’s a reasonably high risk of injury on a job site. It can be a good idea — or even a legal requirement — for businesses to have a workers’ compensation policy that covers employees’ injury or illness in the workplace. But, there’s a surprising type of insurance that can leave construction workers without coverage: a ghost policy.

Whether it was inventory control, lack of skilled workers or shifting supplier bases, manufacturers were already facing enough challenges before the pandemic disrupted everything. With ongoing issues, such as supply chain and cash flow, only getting worse by this unprecedented year, how can you get solutions to these problems and ultimately take your operation to the next level?

What’s the latest on the meals and entertainment (M&E) deduction? While the costs of eating while doing business, or entertaining clients and prospects, was a big tax write-off for years, the Tax Cuts & Jobs Act (TCJA), signed into law in 2017, curtailed this deduction until recently. At least for now, pandemic relief for businesses has partially reinstated the deduction.

Pay attention to your customer service, or your business is going to suffer. It’s that simple. Stress, work/life balance, running a business and putting out fires can distract us from providing great service. While we are all human and these issues are common, your business will struggle if you cannot meet your customers’ needs.