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Business Accounting

How to Startup and Keep Your Day Job

Keeping your day job while starting a business is a tried-and-true way to ease into entrepreneurship without going broke. But it can also leave you bleary-eyed from lack of sleep and without even a shred of personal life. That’s a “recipe for disaster,” says Kristin Cadinale, author of “The 9-to-5 Cure.” Running a side-business or […]
Business Accounting

Why You Should Hurry Up and Start a Small Business Already

recently passed new laws Only this year, you can deduct $10,000 of startup costs, double the previous figure. Write off 100 percent of up to $500,000 in equipment costs your first year. If you have costs beyond there, you can write off 50 percent of them right away under the bonus depreciation clause. Investors can […]
Business Accounting

Note to Entrepreneurs: Laid-Off Workers No Longer Want to Be You

Apparently, all the people out there who want to start businesses have now done it. A new study from Challenger, Gray & Christmas shows the percent of laid-off workers starting their own businesses sunk to an all-time low in the first half of this year. Just 3.7 percent of job-seekers ended up starting a business […]