If your small business is apt to use a credit card or cards for work, make sure both you and your employees (if applicable) use them responsibly in order to avoid financial issues.

Given the challenges of today’s economy, many small businesses are watching their dollars even closer these days, making sure there are no dollars going out the door unchecked.

In the event you are running a small- to mid-sized business, keep several factors in mind when seeking or using business credit cards: Read the full entry

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In today’s litigious society, it is important for all business owners, both big and small; to make sure their employees using company vehicles for business are properly insured when they leave the parking lot.

From companies with employees using trucks to haul goods and services to businesses where employees use company cars to transact business, it is important that business owners make sure the proper insurance is in place in order to avoid a potentially damaging lawsuit.

Among the things to take note of are: Read the full entry

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Choosing the right business structure when starting a new business can be a confusing process. You will find that there are many structures to choose from when it comes to starting a company. At Business.com we strive to provide business owners with the information they need to make informed decisions for their business. This is why we have created an infographic to help you figure out the best Business Structure for your company. Business.com also offers trusted vendors for your incorporation services needs.

Business entities are distinguished by five factors: Personal Liability, Taxation, Ownership (number and type of owners), Formation Requirements, and Formalities (record keeping).

There are many business structures you could potentially choose: S corporations, C corporations, professional corporation, nonprofit corporation, LLC, sole proprietorship, general partnership, and limited partnership. Write all of these down on a piece of paper and add a mark next each structure that fits your needs as you work down the infographic. Once finished, the structure that has the most points is most likely the best fit for you and you can start to look into business incorporation services.

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For the majority of small businesses, having a printer or printers in the office is a necessity.

The question becomes, however, how best to go about buying and maintaining the right printers?

When searching for a printer, companies can follow several tips to secure the best buy for their money. Among them are: Read the full entry

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For any small business to be successful, a perfect storm has to form, among which includes the very important aspect of promoting one’s business.

In the event your small business is struggling for reasons other than a bad economy, how much time and effort are you putting into promoting your business? If the answer is not much, therein lays one of your biggest problems.

Promoting your small business takes on added importance in times like these when the economy is struggling, and when consumers are more reluctant to spend money. If your small business is putting more promotions in place for your customers, you stand a much better chance of weathering this financial storm. Read the full entry

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For any small business to go without errors and omissions (E&O) coverage, they run the risk of potentially dealing with a major financial issue should their company be sued.

That being said, is your small business properly covered should it have to deal with a lawsuit from an unhappy customer or other individual or entity?

Whether you are an insurance expert or not, your small business needs to make sure it is protected, especially in today’s litigious society. Read the full entry

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