Categories
Entrepreneurship

End of the year tax savings

The end of the year is fast approaching; keep more of your money instead of paying it out in taxes. I often hear accountants recommend spending your money, so you have fewer taxes. I disagreed because the more you spend, the less cash/capital you have. However, some scenarios would justify spending to avoid taxes; here […]

Categories
Entrepreneurship

How To Save to Start a Business In 1 Year, 3 Years, Or 5 Years

Need to save $1,000,000 to start your business? Here’s how to make it happen. So you are thinking about starting a business. Maybe it’s a clothing store, business services, or manufacturing. No matter the type, you’ll need to put aside some savings to accomplish this goal. In addition to covering expenses such as rent, equipment purchase, salaries […]