Simplified Way to Expense Computers, Phones and Other Items

There’s an easy way to write off the cost of computers, phones, and other modestly-priced capital equipment. Usually, when you buy an item, you have to capitalize the cost, which means adding it to your balance sheet, and then taking depreciation (an annual allowance) over a number of years. This is so regardless of the…

10 Tactics for Managing New Clients’ Expectations Early in a Business Relationship

When you get a new client, they are usually all over the place when it comes to their expectations of what you can do for them. Managing their expectations is one of the most important things you need to do early on. If you underpromise too much, you risk driving the client away. On the…

Women in Cloud Summit Prepares Female Entrepreneurs for $4.5 Trillion Opportunity

The International Data Corporation projects demand in cloud services to reach $4.5 trillion by 2025. As a result, even though most of that demand comes from big enterprises, it creates a huge opportunity for small businesses that provide those services too. Women In Cloud Summit 2020 seeks to prepare women technology entrepreneurs for these opportunities.…

Small Businesses Less Likely to Expand Sales Across Borders

Research says 87% of merchants believe that expanding online sales into new markets is their biggest opportunity for growth. By contrast, small businesses are significantly less inclined to implement cross border commerce strategies. Only 40% of small businesses engage in cross-border trade. Compare this to 71% of medium businesses and 92% of large businesses. The…

In the Spotlight: How Zoominads Scooted into the Mobile Billboard Business

You don’t need a ton of resources or even a physical location to start a successful advertising business. Instead, many entrepreneurs are helping companies spread their messages just using a small vehicle. Zoominads is one such business. This unique moving billboard serves businesses around the Atlanta area. To learn more about the concept and the…

1 in 5 Employers Have Denied Someone a Job Due to Their Social Media Profile

Social media has blurred the lines between the personal and work lives of employees. And as more businesses look into the profiles of their potential hires and also employees, what are the implications. A new survey from WhoIsHostingThis? reveals more than 1 in 5 or 22% of people in a hiring position have denied someone…

Top 25 Small Business Tax Deductions

Deductible business expenses help entrepreneurs with many of the costs of running a company. Business owners know that most expenditures can be written off, although there may be limits and timing. Check out the most common tax deductions for small business. Last Spring the IRS released data showing the common deductions taken on sole proprietorship…

How to Get Rich (In a Small Business)

A reader wants to know how to get rich in a small business. “I want to start a small business and hope to become wealthy.  Do I need to start a certain type of business? Do I have to give up my personal life? What does it take to get rich?”  – Marcus from Coeur…

CallJoy Announces Customizable AI Features for Small Businesses

Now small business owners can tweak a virtual agent’s voice and choose what it says to customers who call. Cloud based CallJoy recently announced a CallJoy phone agent update that promises more scalability and automation to make these upgrades possible. Small Business Trends contacted Bob Summers, CallJoy’s general manager, to learn more. “CallJoy is an…

Ignore Your Customers (And They’ll Go Away): A Customer Service Playbook

Micah Solomon, a world renowned customer service expert, is one of those people who does mystery shopping for large brands. You’ve probably heard of mystery shopping. It’s a method to provide feedback about the customer service experience. A mystery shopper is a qualified individual who goes out, shops (or otherwise experiences a product or service)…

Just 6% of Companies Offer Childcare Benefits to Employees

A new survey and report from Clutch reveal just 6% of companies offer childcare benefits to their employees. When you take into account, 70% of families in the U.S. spend more than 10% of their income on childcare, the scope of the problem becomes clear. The cost is so high, in the report Clutch says…

Educate Yourself on Machine Learning at this Las Vegas Event

One of the biggest machine learning events is taking place in Las Vegas just before summer, Machine Learning Week 2020 This five-day event will have 5 conferences, 8 tracks, 10 workshops, 160 speakers, more than 150 sessions, and 800 attendees. If there is anything you want to know about machine learning for your small business,…