Introduction Securing funding is one of the most critical challenges when starting or acquiring a business. Traditional funding methods, such as loans or investment from venture capitalists, often come with strings attached, including interest paymen...
John Mollica on Franchise QB Podcast: Episode 9
Introduction to 8(a) Certification and How to Qualify Our last article covered The details of the SSBCI, a fund for minority and low income business owners. Today’s article will cover 8(a) certifications – another valuable tool for minority b...
FROM THE NEWS: $10b in SSCBI Funding is Now Being Distributed to Business Owners Introducing the State Small Business Credit Initiative and How it can Help You In 2010, the federal government created the Small Business Job Act. The Small Business Cre...
How To Get Out Of A Franchise Agreement Franchisees should always have an exit plan in place to sell their franchise. Whether they did a great job, prepared well for retirement, and are ready to retire, or they made some mistakes and need to make an...
What is an FDD (Franchise Disclosure Document)? Opening a franchise is a challenge! You may already know the key elements, but the paperwork itself can be quite a lot. Let’s talk about the Franchise Disclosure Document, so that you know the details o...
How to Reduce Inflation in Business: Survive Inflation with these Tips! Inflation is an economic situation that materializes when the price of goods and services rises over a sustained period. Consequently, the purchasing power of a country’s c...
Section 179 Deduction: Property you can deduct! As a business owner, you want to maximize your earnings by claiming all possible tax deductions. Taxes are complicated, and they’re considerably more complicated for small-business owners,...
How to Automate Payroll Accelerate Your Franchise Business With Payroll Automation! All franchised businesses have one thing in common – they need to pay their employees efficiently, accurately, and reliably. No matter how strong your franchise...
How to Save on Business Taxes in 2022 and Beyond It’s that time of year again – tax season. If you have a small business, there may be tax loopholes that you were not aware of that can save you money this tax season! There are ways to invest busines...
Should You Hire W2 Employees or 1099 Subcontractors? When running a business, every entrepreneur must decide whether to hire employees. Once your business grows to the point where hired help is necessary, the choice becomes whether to hire W2...
What is Employee Retention Credit and How to Qualify for it? Introduction The effects of the 2020 COVID-19 disaster are still rippling through the country, including the financial health of many small businesses. Most of these businesses at ri...
The Best States for Business Income Tax Anyone in the United States who has ever considered starting their own small business has had to consider their home state tax laws and regulations. Because companies that conduct business, own property, or hav...
How to Pay Yourself as a Small Business Owner (LLC, S-Corp, C-Corp) Every small business owner needs to calculate how much to pay themselves out of their business. Without a boss to write a paycheck, what should the owner be paying themselves? How mu...
Retirement – How to save as a small business owner Learn how to manage self-employed retirement plans to secure your future business endeavors. As a small business owner, you are responsible for your retirement and possibly your employees’ reti...
Government stimulus available for small businesses Plan for your small business; the government can and will help! Small businesses take time, energy, and money to become a success. From opening your small business to maintaining everyday operations,...
🔗 https://myfranchisecpas.com/interim-loan/ Get More Funding! On September 8, the federal government updated a major disaster relief program that offers up to $2,000,000 for businesses. In order to have a fighting chance to obtain funds, you n...
Life, health, and commercial insurance: What you need as a franchise owner. Growing your business with a franchise organization strengthens your partnership with the franchise owner. But how do you strengthen your own business? Franchise insurance is...
Why You Should Join Franchise Organizations as a Franchisee Want to strengthen your franchise, remain educated, and elevate your network (and net worth)? Try a franchisee organization! Joining a franchise organization is an effective means to improvi...
Understanding Your Potential, Next Investment: Complementary Franchises Are you a franchisee who experienced great success with your first franchise location? You’ve come to the right place! Perhaps you’ve worked closely with and taken t...
Have You Thought About Owning a Fast Food Franchise Restaurant? Restaurant franchises come in all shapes and sizes. Some are trendy, while others have been around for decades. Some require a lot of capital to start up, while others have low entry co...
Fantastic Franchise Opportunities for Florida Entrepreneurs Florida, The Sunshine State as we call it, is well-known as a popular destination for tourists, beach lovers, retiring citizens, and more. With the beautiful beaches, the attractions...
Most Profitable Franchises To Invest In If you’re an investor looking for the perfect franchise, profitability should be at the top of your list. So, before you get into researching your options, and looking at the available opportunities in differen...
Environmentally Friendly Franchises In our previous article, we discussed the importance of socially responsible franchises. We also provided an in-depth explanation of what CSR (corporate social responsibility) is. There are many ways your bu...
Socially Responsible Franchises With consumers, especially Millennials and Generation Z becoming more socially and environmentally conscious, brands have no choice but to join forces and share that responsibility. According to a Nielsen poll in 2018,...
🎬 WATCH THE REPLAY HERE! ▶️ Youtube Link: 🔗 https://www.youtube.com/watch?v=0XilhAV47Mk ▶️ Previous Webinars: 🔗https://myfranchisecpas.com/category/webinars/ No Cash? No Problem! Fund a Franchise Anyway! More than anything, we want to demyst...
Work Opportunity Tax Credit Program Did you know that as a franchisor, you are eligible for various tax deductions? This is when it pays to hire a professional to help you with the tax planning for your franchise. As a business owner, you can benefit...
Fastest Growing Franchises The previous two years have introduced the world to a pandemic and record unemployment, causing instability with our lives and health. This has made us value and appreciate security and stability, especially when it...
🎬 WATCH THE REPLAY HERE! ▶️ Youtube Link: 🔗 https://www.youtube.com/watch?v=0XilhAV47Mk ▶️ Previous Webinars: 🔗https://myfranchisecpas.com/category/webinars/ Happy Tax Season! Feel like you just had your tonsils removed, teeth pulled, etc? We know,...
Online Franchising Opportunities If the past two years have taught us anything, it’s that a good amount of our work can be managed online with the right technology and effort. If you’re looking to join the world of franchising, but also prefer workin...
