I started Ignite Spot ten years ago. I can't believe how many things have changed in this industry since then. I thought it would be fun to take a look back at 7 of the biggest shifts I've seen in outsourced bookkeeping services since then.Continue Reading
Annual tax time is almost here. And if you’re an e-Commerce business you’ve already got a number of legal considerations on your plate. Things like:
- What payment gateways should I use?
- How should I handle trademarks, patents and copyrights?
- Are there any shipping restrictions to get products to my customers?
- What are the lease requirements for holding inventory in my building?
The relationship with your accountant is one of the most important for business success. He or she is the person you rely on to help you make informed decisions that can change the direction of your business. But what happens when you lose confidence in your accountant? Maybe they are no longer as responsive to your questions or they are distracted with other clients.
Federal income taxes are inevitable for most businesses. However, nonprofit organizations -- those that exist primarily to improve society and provide specific services to the public, can apply to the IRS for tax exempt status using the steps outlined in this post.
Once you establish your organization as tax exempt, you may need then the help of outsourced accounting services in order to meet regulatory reporting requirements.
There are many “hidden costs” when it comes to starting your own business. Preparing and filing self-employment taxes as well as collecting sales taxes happen to be two of them. However, they are a necessary part of doing business.
I get asked this question a lot.
"If I hire you for online bookkeeping services today, how will I get my documents to you?"
To answer this question once and for all, I want to let you know that there are lots of ways to get documents to Ignite Spot. It all comes down to how you like to work and and how your business operates.Continue Reading
Every business has a secret sauce to making money. The trick is figuring out the recipe before you go bankrupt. If you can do it, you'll be one of the few that get to live the glorious entrepreneur's lifestyle; if not, you're going back to a cubicle.Continue Reading
January is the month for new resolutions. I've been coaching a lot of entrepreneurs over the past few weeks on how to double the size of their companies over the next 12 months. The conversation has been happening so much, that I thought I would write a blog post about it today.
This plan isn't hard to implement and will actually work, but you have to stick with it.Continue Reading