The calendar tax year is 12 consecutive months beginning January 1 and ending December 31. A fiscal tax year is 12 consecutive months ending on the last day of any month except December.
Where should you set up shop? That all depends on your business type and needs. Choose a location based on important factors like personal preference, demographics, safety, traffic, and zoning and building requirements.
Planning to expand or build something new? Before you break ground, make sure you have a building permit, that you're prepared for the inspection process, and that you understand the necessary regulations and codes.
Greening your business means adopting environmentally friendly practices. Recycling may not be the law but can save your business money, improve employee health, and possibly attract more customers.
If you sell, close, or move your business, you must usually unregister it with the city. Based on your business type or employee status, you may also need to unregister and pay payroll taxes to certain city, state, and federal agencies.
In running your business, there are times when you might need a specialist in law, accounting, taxes, insurance, or marketing. Check out this list for why, when, and where to search.
Running a business can be challenging. Thankfully, there are local resources to help. For small businesses, economic development organizations can offer technical assistance, training, and loan packaging services.
Are you prepared for a business interruption if a disaster strikes? Disasters come in many shapes and sizes. If you’re not prepared, a disaster could put you and your employees at risk, possibly shutting down your business for good.
Once you’ve developed your business plan, you should have a clear understanding of the amount of money (or capital) you need to start and run your business. If you need to raise or borrow money, there are several options.