Are you better looking than your friends? Are you smarter than the average person? Are you an above average driver? It is human nature to overestimate our knowledge, overrate our attractiveness, and overprize our skills. One study found that 94% of college professors considered themselves above average in the classroom, while another study found that…
Today, owning and operating a small business presents many challenges. There are many things you need to consider so you can meet the needs of your clients and customers. Beyond providing great products and services, you need to have excellent customer service skills and a quality supporting staff to help you. Additionally, you need to…
Who Should File a Tax Return? Everyone’s situation is different when dealing with taxes. It may come as a surprise, but not everyone has to file taxes. Commonly, if your total income for the year doesn’t surpass the standard deduction plus one exemption and you aren’t a dependent to another taxpayer, then you don’t need…
Tax Tips for the Self-Employed If you’re self-employed, you generally have a trade or carry a business. Two types of self-employment are: sole proprietors and independent contractors. If you work as an independent contractor and have not setup a business entity, like an LLC or corporation, your business is essentially the same as a sole…
Small Business Financing: Securing a Loan When owning a small business, there will most likely come a time when you’ll reach out to a bank or financial institution in order to borrow funds. Secured business loans are a common type of small business funding. A secured business loan is any type of business financing that’s…
