September 1, 2024 -- Volume 23, No. 9

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Roundup of U.S. Supreme Court Decisions Affecting Your Business


You don’t have to be a legal scholar to be impressed with the breath of business-related decisions issued by the U.S. Supreme Court in its 2023-2024 term that ended on June 30, 2024. Some of these decisions may affect your business in direct or indirect ways. Read More

Growing Your Business Adding New Physical Locations

Growing Your Business -- Adding New Physical Locations

Continuing our series on growing your business…one way to do it is to add new locations. Many large corporations have found this a profitable action. Walmart has over 4,600 locations in the U.S. But adding locations isn’t limited to big businesses; small ones can grow by adding locations. These may be within the same general area or even in another state.   Read More

Revealing Lessons from the Crowdstrike Catastrophe


On July 19, 2024, a technological catastrophe—a global IT meltdown—occurred. This event has been called the biggest IT failure in history. Millions of computers using Microsoft operating systems that relied on CrowdStrike for cybersecurity crashed, which caused hundreds of flights around the world to be canceled or delay, hospitals had to reschedule operations, broadcasts could not be aired, and businesses couldn’t open. Read More

Plan Now for Your Holiday Season


Hallmark channel just completed its annual Christmas in July, so can the holiday shopping season be very far off? It’s summertime now, but only a short time until the shopping season begins in earnest. Start now to prepare for the upcoming shopping season so you can be prepared with inventory, staffing, marketing, and more. Here are some things to think about. Read More

5 Tax Rules that May Surprise You


It’s probably no great revelation to learn that taxes are complicated. As a consequence, most small business owners rely on tax professionals, at least for preparing income tax returns. I’ve been working with federal taxes for many years, and it never surprises me that there are surprises. Here are some tax rules that aren’t obvious, and small business owners should know about them, even if they work with a tax pro. Read More

Back-to-school

What Back-to-School Means for Your Business


Late August and early September is the time for many children and adults to return to the classroom. Whether or not you have a child back in school now or you are beginning an educational program, if you are a small business owner then back-to-school has consequences. They may be positive or negative, but all require your attention. Here are some ideas. Read More

Stars and Stats About National Black Business Month


Since 2004, August has been the time to celebrate National Black Business Month. It’s meant as a time to recognize the achievements of Black-owned businesses, including the challenges their owners faced and overcame, and to encourage support and investment by everyone in Black-owned businesses. There’s a lot to celebrate. Read More

What Is the Pass-Through-Entity-Tax and Who Does It Benefit?


The pass-through entity tax (PTET) is a way for owners of pass-through entities—partnerships, limited liability companies, S corporations—to gain benefit from the state and local taxes paid without having to itemize and then apply the state and local tax (SALT) cap. All of this may sound confusing. Let me sort things out. Read More

Do You Have a Buy-Sell Agreement?


What happens to your business when you retire—voluntarily or because of a disability—or die? Have you made any decisions about whether to sell your interest, pass it on to children, transfer it to a co-owner if you have one, or make other arrangements? According to one source, two-thirds of small business owners plan to retire in the next 2 years. Are you about to become a statistic? Do you have a buy-sell agreement? Read More

Featured Guest Blogs

Saving Tips

Retirement Saving Tips While Running a Business

by Jack Shaw


Balancing the demands of running a brand can often leave planning for retirement on the back burner for small business owners. Unlike employees with traditional employer-sponsored plans, you’re responsible for creating your own nest egg. This means minimizing reliance on your company to support you in your golden years and diversifying your income.

Read More

Local SEO

How to Use Local SEO to Earn Quality B2B Leads

by Annie Button


Small business owners can find success in B2B lead generation using an array of marketing channels. When starting out, competing with established global brands with huge audience bases is ambitious at best, particularly in the terrain of local search engine optimization (SEO). However, by adopting a local SEO strategy that helps your small business stand out in your specific geographic area, you can still solidify your deserved place in the evolving market. Read More

Sustainability

Sustainable Practices for Small Businesses

by Aaron Franks


Sustainability is more than a buzzword; it is an integral approach toward any business’s longevity and ethical standing. It’s axiomatic that reducing operating and utility bills increase profits. But for small businesses, embracing sustainable behavior can be an overwhelming challenge. This blog discusses how small businesses can sustainably achieve environmental, social, and economic benefits. Read More

Steps

Ensuring Business Longevity: What Are the Essential Steps to Follow?

by Emily Moreau


Considering the rapidly dynamic nature of the current market, business longevity is critical for entrepreneurs and established business owners. Ensuring your business survives and thrives over the long term requires careful planning and strategic action. This article delves into the essential steps to secure your business’s future. Read More

Planning Event

Master Business Event Planning from Start to Finish

by Slobodan Kacavenda


Grand openings, trade shows, seminars and webinars, retreats, holiday parties…just some of the business events you may want or need to manage. Organizing a business event can seem overwhelming, can’t it? However, there’s good news. If the essentials of business event planning are mastered, anyone can transform this daunting process into a seamless, enjoyable experience.

Read More

Trade Shows

Top 6 Mistakes to Make at Trade Shows

by Monica Mendoza


Trade shows provide an excellent opportunity to make your business’s presence known in your respective industry. These events give you the perfect platform to promote your products or services to potential new customers and partners, as well as network with like-minded people and meet industry leaders. To make the most of your trade show experience, you and your team have to bring your A-game throughout the entire event. Read More

You could have a featured blog, too! Click here to learn what we're looking for in a guest blogger.
SmallBusinessEdge

The 2030 SMB Project Series: Talking Digital Currency

with Barbara Weltman

In this special episode of the Small Business Edge Podcast, Brian kicks off the 2030 SMB Project podcast series by discussing the state of digital currency with Barbara Weltman, an expert in small business taxes and the president of Big Ideas for Small Business. 

Listen Here

BIG IDEAS FOR SMALL BUSINESS:

Secrets of Business Credit Card Benefits


Business owners know that they need to have credit cards exclusively for business use and that they should not charge business expenses to their personal credit cards. This is still true even though there are alternative payment options, such as electronic transfers. What small business owners don’t know in many cases are the benefits and incentives that their business cards offer. Without this understanding, businesses may be wasting money by paying for costs that are included with their cards or missing out on opportunities to reap rewards. They may simply have the wrong card.


Read the Full Article at Small Business & Entrepreneurship Council

SBT 2024

If you own a small business, this comprehensive guide explains in easy-to-understand terms the essentials of business taxes to prepare you to work better with your CPA or other tax adviser or

handle tax responsibilities

on your own.

Purchase now on Amazon ~ Ratings are appreciated!

Find the Online Supplement Here

1001 Deductions 2024

This edition of this popular book

has been fully updated to reflect the latest rulings and laws (including changes from the Inflation Reduction Act and SECURE Act 2.0), allowing you to easily refer to the appropriate deductions and credits for your particular needs. 

Purchase now on Amazon ~ Ratings are appreciated!

Find the Online Supplement Here

I'm delighted and honored to be included in this list.
Building a successful business is tough, but you’re not alone. Follow these 10 women entrepreneurs for smart tips, tools, and resources.
Click here to view the list of 10 Women Entrepreneurs to follow!
Also, honored to be featured in this LinkedIn article:
"SMB Insights on Tap: 8 Experts to Follow"
You can learn more and discover some great resources in this article.
Click here to to view the article!

FREE eBook!

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eBook 150+ Tax Deductions

Resources Small Business Owners and Entrepreneurs Need!

500+ Big Ideas for Your Small Business

Ideas You'll Use Everyday!

Whether you’re a seasoned entrepreneur or just starting out, you’ll find actionable ideas to help you with your finances, your operations, your staff, your marketing, your taxes, your technology, your environment, and your personal growth.

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Home-Based Business Start-Up Guide: A Step-by-Step Road Map--with Checklists--to Get You Started-Up, Profitable, and Successful

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Delivery Driver Tax and Business Guide

The Delivery Driver Tax and Business Guide:

Your GPS to Get You Where You Want to Go in Your Business

and

The Uber/Lyft Driver Tax & Business Guide

by Barbara Weltman and Harvey Bezozi

Click Here to Get Your Copy from Amazon


Smooth Failing

(Paperback Edition)

Top industry leaders share their secrets for turning pain into profit!

by Barbara Weltman

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BWeltman_Badge 2023

Honored and Pleased to Receive this Award!


Marquis Who's Who

Honors Barbara Weltman--Who Is Recognized for Expertise in Law and Business


Read Press Release Here

Million Dollar Stories Podcast

In this episode, Mike and Barbara are diving into the realm of financial empowerment with the book "Small Business Taxes 2024: Your Complete Guide to a Better Bottom Line." This comprehensive guide is designed to equip small business owners with the knowledge and strategies needed to navigate the intricacies of taxes and optimize their financial bottom line. Listen Here



The 10 Best Small Business Blogs to Read in 2024

Honored to be included in this list of small business blogs

from JotForm!


Included in FeedSpot's list of

40 Best Small Business Finance

Blogs and Websites

Big Ideas for Small Business® Newsletter

Called "a must-read" for Small Businesses

and listed as

Best Business Newsletters of 2024

by Business.com

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