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The Difference Between a Balance Sheet and an Income Statement (video)

Difference Between a Balance Sheet and an Income Statement

Even if you have an accountant, every business owner should know the difference between a balance sheet and an income statement—that’s called smart money management. Actually, a business owner not only needs to understand the purpose of a balance sheet and small business income statement but also all the critical indicators of their business’s finances. […]

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Slaying the Email Monster: Confession of a Complexaholic. Entrepreneur MBA Podcast 2.13

Summary: Today Stephen Halasnik and his guest Perry Marshall talk about the steps to detox and declutter your work and personal life. It is so easy to get caught up in the new age of social media and emails that we can lose sight of the importance of time management. Being an entrepreneur should not […]

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How to Effectively Grow and Scale Your Small Business. Entrepreneur MBA Podcast 2.12

Summary: Most small businesses at one point or another want to consider how they can improve their scalability. So often after businesses get successful, they lose focus on their key attributes that make them different than competitors. In today’s podcast episode Stephen Halasnik and Ron Carucci discuss how to take a deeper look at your […]

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Why Vision and Values Are So Important For Small Businesses. Entrepreneur MBA Podcast 2.10

Summary: Today’s episode will give you the rundown on why having core values and a vision can enhance your life and business as an entrepreneur. Alana Winters and Stephen Halasnik will talk about how having values have changed their views about running a business. We always hear the terms “values” and “vision” but what do […]

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Angel and VC Funding for Small Businesses: What They Will Be Looking For. Entrepreneur MBA Podcast 2.9

Summary:  Early-stage startup business owners typically have a dream or an idea that they can not support with their own money. An angel investor could get a business the funds it needs to expand and excel in the market. However, there are a lot of factors to consider when deciding to pursue an angel funder […]

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End Of The Year Charitable Giving For Business Owners

This is typically the time of year when charitable organizations count on most of their revenue for the entire year. And, considering 2020 has been a year unlike any other, these organizations (especially the smaller ones) desperately need financial support from their communities. Having founded and managed a small non-profit in a former life, I […]

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Top Tips for Small Businesses Regarding Health Insurance

Small Businesses Regarding Health Insurance

As a self employed small business owner, ensuring that your employees feel covered and protected at your company is crucial. No employee should have to worry about being provided proper healthcare from their job. As an employer, it can be confusing knowing where to begin, and what you are obligated to provide. This article will […]

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Can I Write My Health Insurance Off As a Business Expense?

health insurance as a tax write-off

Whether you are a  business owner, self-employed, or an individual employed by a business it is no surprise that health care and medical expenses can be expensive. Many Health insurance premiums and health plans can add up throughout the year. As a business owner or individual, you may be wondering if you are eligible to […]

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What Can Small Business Owners Write off as Tax Deductions?

Small business tax deductions

For small business owners, sole proprietors, LLC’s, or self-employed individuals, tax season can be overwhelming. Knowing what you can and can not write-off on your taxes is crucial to having the least taxable income possible. This article will go over different categories and expenses that will help small business owners maximize possible deductions on tax […]

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