Run Your Biz

From starting up to growing your small business we’re here to help with practical advice on everything from which business structure is best to hiring employees. We’ll also feature business owners who want to share their story!

7 Common Small Business Tax Myths! by Benita Tyler

One of the biggest hurdles you’ll face in running your own business is staying on top of your numerous obligations to federal, state, and local tax agencies. Tax codes seem to be in a constant state of flux making the Internal Revenue Code barely understandable to most people. The old legal saying that “ignorance of […]

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Should You Be Out of Debt Before Starting a Business?

I am asked this question a lot when I’m speaking or coaching clients. Many people have entrepreneurial dreams, but aren’t sure how this fits in with getting their personal finances in order. The answer is NO, you do not have to be out of debt to start your business. (As a side, no you do […]

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Entrepreneurs: Keep Your Day Job!

So, you are tired of your job, it’s not your dream, your passion. But your part-time business is and you are ready to step out on ______ (insert your word here) and call it quits on the 9-5, 11-7, etc! Please don’t do it. I understand your frustration, I know what it’s like to go […]

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Your Biz: What’s The Word On The Street?

We all know about the word on the street. There’s what we see on t.v., there’s what’s done in the corporate world or other industry, there’s what’s heard on the news, but the real deal – is the word on the street. That’s right – what really happened? How are things truly perceived? The question […]

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Biz Series: Making Conferences Worthwhile!

On the #MoneyChat Biz Series we discussed conferences and as I prepared to re-write another post – I thought it better to simply update a previously written one. So here goes… Choose Wisely! Conferences aren’t cheap: registration, hotel, airfare, food, books, etc – all add up. Ask others who have attended conferences about their experience. […]

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Biz: A Medical Savings Account for the Self Employed?

by Benita Tyler, Business Accountant & Tax Planner www.tbsusa.com Q. I run my own company and plan to hire two employees this year. I’m researching medical savings account and wondered if there is any tax advantages for me as a self-employed business owner? A. From the standpoint of tax planning, two Medical Savings Account (MSA) that you […]

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