Brendon Pack Offers Advice for Small Business Owners to Save Money
Brendon Pack is the Vice President of Business Development at 1800Accountant, where they work with small business owners to help them manage their finances and keep more of their earnings.
While small business owners often times have more daily tasks than anyone can easily handle, itís important that they donít let their company finances fall to the bottom of their priority list. Brendon Pack is the Vice President of Business Development at 1800Accountant, where they work with small business owners to help them manage their finances and keep more of their earnings.
One of the first things that Brendon Pack and 1800Accountant advise is that an entrepreneur establishes a corporation or an LLC rather than a Sole Proprietorship. A Sole Proprietorship will leave the business ownerís personal assets at risk and they are also at a higher risk of being audited.
The second piece of money-saving advice from Brendon Pack is that business owners register their business and avoid the penalties and fees.
Failure to keep track of finances, such as receipts, invoices, statements, etc., will make it more difficult to get all of the tax deductions that a business owner is entitled to.
The last topic to note in is that small business owners need to pay attention to their credit. Any credit cards under the business name will start to build credit for the company. In some cases, business owner who do monitor their credit find cases to file complaints.
About Brendon Pack
Brendon Pack is the Vice President of Business Development at 1800Accountant.com. 1800Accountant.com works with small business owners to help them keep more of the money they earn. They offer services in bookkeeping, payroll, tax preparation, tax planning, business planning, and more. To learn more about Brendon Pack, please visit: http://brendonpack.net/
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