WELCOME TO The smallbusiness REPORT
7 Facebook Marketing Trends Every Small Business Should Know in 2020
DEBRA MURPHY | March 2, 2020
Payfirma is an award-winning payments company that helps businesses accept credit and debit cards online, in-stores, and on mobile devices
Article | March 21, 2020
Support for Small Businesses In a Time of Global CrisisBusinesses around the world, whether bricks and mortar or ecommerce stores on Shopify or other platforms, may be experiencing disruptions resulting from the global outbreak of COVID-19. However, to help ease the burden on businesses, Facebook has this week announced it is offering $100M in cash grants and ad credits to help during this extraordinary time.
Article | April 8, 2020
Every small business owner is thankful for their customers. Without those loyal customers that keep coming to your door, running your business would be a lot harder. When customers give you the love—putting their dollars into your small business—it’s nice to give them some love back. In fact, showing a little customer appreciation might help keep your customers coming back to you. Research shows that 68% of customers will switch the brands they shop with if they feel that the businesses don’t care whether they shop with them or not. So how can you say, “thank you for supporting my small business?” Here are badges, ideas, and more creative ways to show your customers just how much you appreciate them.
Article | July 8, 2021
There are currently millions of pages of legal tax law on the books, creating challenges for business owners of all stripes. Even those with relatively “simple” business models are often wondering whether they are paying their taxes correctly and on time.
One of the most common challenges faced by business owners is whether or not to apply taxes to an invoice. Invoices often represent a significant portion of all financial transactions. When you issue one, does this create a tax obligation for the issuer? The recipient? Both? Neither?
Unfortunately, the answer to this question is one that is highly situational. Whether you need to pay taxes on an invoice will depend on the legal status of both parties involved, the nature of the invoice itself, and a variety of other factors. Having accurate and correctly taxed invoices will help your business improve its reporting and payment cycles, along with other functions like invoice factoring. Because applying taxes to an invoice can be difficult for some people, you may want to consider working with a professional accounting firm.
Article | March 4, 2020
There is a vast amount of people who are realizing that branching out on their own in a business venture is well worth leaving behind being the backbone for someone else’s gain. Working for yourself is definitely not easy and the hours are well beyond the normal nine to five grind of being someone else’s employee. However, for a lot of new business startups, it’s worth the risk. With so many people joining the new business sector, how do you keep your own investments from tanking? It’s a super frequent question that every small business owner asks in the beginning and answers aren’t as hard to acquire as you would think.
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