Posts by Scott Meister, CPA
Entrepreneur or Small Business Owner: Which One Are You?
Source: Business News Daily | Repost QBScott 5/20/2021 – A new study finds that the difference between being an entrepreneur and a business owner lies in your company’s legal status. According to a study in the Quarterly Journal of Economics, a business’s legal status is what separates entrepreneurs from other business owners. Entrepreneurs tend to…
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Entrepreneurs Without This Trait Have a Much Lower Chance of Success
Source: Entrepreneur | Repost QBScott 5/5/2021 – What do you need to build a business from the ground up? Some argue it’s simply a matter of hard work – the perfect blend of discipline and tenacity. Others think strategy is the key ingredient, while some say entrepreneurship is all about who you know. Unfortunately, there’s…
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How To Rebuild Your Small Business Without Taking On Another Full-Time Job
Source: Forbes | Repost QBScott 4/21/2021 – Nearly everyone felt the financial implications of the Covid-19 pandemic, but small businesses were some of the hardest hit. Many reported slower sales and supply chain disruptions that forced them to scale back their business operations. The pandemic isn’t over, but small businesses are slowly starting to recover…
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Why Accounting Skills Are Indispensable For Entrepreneurs
Source: Entrepreneur | Repost QBScott 4/8/2021 – Entrepreneurs need to draw on a wide variety of skills to succeed. In the course of a single day, you may wear 10 or more different proverbial “hats.” In other words, you may take on 10 or more different responsibilities throughout the day. On top of that, you’ll…
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What Small Businesses Need to Know About 2021 Covid-19 Relief Packages
Source: Bloomberg Tax | Repost QBScott 3/24/2021 – Congress enacted a number of relief programs to help businesses and their employees financially survive the pandemic. Along with the programs has come a great deal of guidance, some of which has been more confusing than helpful. Giuseppe Salamone of VaroTeam outlines what’s available and how to…
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5 Changes For Business Leaders To Consider Going Forward
Source: Entrepreneur | Repost QBScott – 3/11/2021 – As business leaders, we have entered into an entirely new reality: The ongoing pandemic has forced many to reevaluate how we currently operate traditionally entrenched industries and working models. Many companies are still reacting to this “new abnormal” and have not taken the time to evaluate the…
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5 Skills Every Entrepreneur Needs
Source: BusinessBecause | Repost QBScott 2/25/2021 – Some of the largest Fortune 500 companies began as startups. The entrepreneurs behind Facebook, Amazon, Apple and more, have shown how launching a startup can change the world and bring huge personal rewards. Amazon CEO Jeff Bezos and Google co-founder Sergey Brin are among the top 10 richest…
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9 Reasons You Should Hire an Accountant for Your Small Business
Source: Home Business | Repost QBScott 2/11/2021 – Running a small business often means that in order to save money, you need to do a lot of the tasks that come with business ownership by yourself. However, certain tasks are always best left to the professionals, especially accounting. While there are several accounting software tools…
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Does Every Small Business Need An Accountant, Or Can You Sometimes Wing It?
Source: Fundera | Repost QBScott 1/28/2021 – Maybe you’ve just started your business, and you’re wondering if you need to hire an accountant. Or perhaps you’re still in the planning stages of a new venture, and you’re deciding whether or not you need someone dedicated specifically to your business’ accounting, before going all in. If…
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5 Ways To Be More Strategic And Successful In 2021
Source: Entrepreneur | Repost QBScott 1/7/2021 – The impact of 2020 will stay with us for the rest of our lives. It marks a critical inflection point of before and after. It is a year that blindsided many small-business owners. We’ve seen new businesses birthed with success and others thriving amid chaos. We’ve seen neighborhood…
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