Finance Your Business

9 Best Recession-Proof Businesses

Team ZenBusiness August 1, 2022

The global financial meltdown caused by the pandemic has been rough on most people, including small business owners. But some types of businesses consistently weather hard economic times better than others. In retrospect, when a recession is officially declared, the economy has already been down for months. During such a period, companies are forced to ...

Where to Get Money to Start a Business

By Janet Attard July 1, 2022

Where can you get money to start a business? Finding business startup funding is one of the biggest hurdles for entrepreneurs. Here are 18 ways to get the money to launch your new business. Determining how to get the money to start a business is one of the first challenges most startup entrepreneurs face. When ...

How to Plan for Business Maintenance Expenses

Team ZenBusiness July 1, 2022

When you buy a new business, you already know part of your budget will be allotted for building expenses and repairs. Once you’re settled in, you’ll get more of an idea of what you’re really looking at as far as seasonal maintenance goes. If you’re just starting out, here are several expenditures you’ll want to ...

Using Tax Credits As Revenue for Your Business

Team ZenBusiness June 20, 2022

Starting a business can be overwhelming. There’s filing for licenses and permits; figuring out how to classify both the business and employees; writing a business plan and more. It’s enough to make an entrepreneur’s head spin. What does the new generation of business owners need to know about starting a business? Submitted by Doug Ludlow, ...

How to Claim the Standard Mileage Deduction for Business Use of Car

by Lisa Freeman June 10, 2022

Taking the standard mileage deduction when you use your car for business can yield big savings on your taxes. Find out what the 2022 IRS mileage rate is and what the IRS’s rules are for taking this deduction. If you use a car in your business, you could be entitled to some substantial tax deductions. ...

Six Summertime Survival Tips for Work-at-Home Moms

By Jill Hart and Diana Ennen June 1, 2022

The kids are out of school and you hear the pool calling your name… but your home business still needs as much of your attention as ever. Here are six tips work-at-home moms and dads can use to keep their businesses running smoothly over the summer months. Summer is one of the most difficult seasons ...

Business Ideas for Teen Entrepreneurs to Learn and Earn

Team ZenBusiness June 1, 2022

Making money as a teenager can be a little difficult. When you subtract the time you spend at high school, clubs, and other social activities, you’re only left with a couple of hours to spare each week. And, maybe you’re just not looking to settle for the typical minimum wage job. You don’t need to ...

Turn a Business Trip into an Affordable Vacation

By Janet Attard June 1, 2022

If you’re planning business travel, you may be able to use tax deductions to give yourself and possibly your family a less-expensive mini-vacation courtesy of your business and the IRS. Will you be conducting business meetings in another part of the U.S. or otherwise traveling within the country for business? If so, you can use ...

Multiple Streams of Income for Your Business

By Marcelina Hardy May 1, 2022

Having multiple streams of income from your small business can help boost your profits and cushion against losses during slow seasons. Here are several ways you may be able to add more income streams to your company. You have your business, and it’s doing well. Something inside you is pulling you to something else, though. ...

6 Businesses You Can Start For Under $5,000

Team ZenBusiness May 1, 2022

By now, many Americans have received their tax refunds, or will be receiving them soon. Many people take that “bonus” money and go on vacation, get a new wardrobe, start an emergency fund, or buy a large-ticket item they’ve had their eye on. Maybe you’re thinking, all of these are great options, but none of ...

How to Buy a Business with No Money Down

By Steve Strauss May 1, 2022

Is it possible to buy a business with no money down? Yes, indeed. In The Small Business Bible, Steve Strauss discusses just how to do that. The key is to get the seller to finance 100%. We’ll look at 100% seller financing to do that below. But first, it’s important to consider whether buying a business ...

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