14 resources that will make your small business better

14 resources that will make your small business better

June 19, 2021 1:01 pm Published by Leave your thoughts

Whether you're starting a small business, already have one or simply want to bring it to the next level, it's no easy task to go it alone. Luckily, there are a plethora of resources available at your fingertips to help you along the process. The following are resources that any small business can benefit from, from finding loans to hiring employees.

The Small Business Administration is a vital resource for all small businesses. This business guide features a variety of tools such as the startup cost calculator worksheet and this page on registering your business at the state or federal level.

If you're interested in looking at a small business loan as you get started, the SBA offers this Lender Match tool which can help connect you to lenders and funding programs. By using that tool you can be certain lenders offer SBA-approved loans. And for managing your business finances, this balance sheet template is a good place to start. From there, as you make decisions you can use a cost-benefit analysis to see whether or not your choice will help or hurt over time.

When tax time comes along, the IRS business tax page will be your go-to in determining what you need to pay. But if you'd like to make things a bit more streamlined and cut down the amount of work on your end, you might use a tool like Quickbooks or Honeybook. Not only do these resources help when it comes to tax day, but in your general accounting.

If you have an online business, or if it's partially online, there's always risk to be aware of when it comes to the internet. Check out this cybersecurity planning tool from the Federal Communications Commission to help you come up with a protection strategy and become aware of the potential dangers so your business doesn't fall victim to them.

When you're looking to hire employees, sites like Indeed, ZipRecruiter and LinkedIn are good places to start. You're able to create a job posting yourself and allow prospective employees find you. They offer a bit more legitimacy than platforms like Craigslist, or even Facebook, so you're more likely to find serious, qualified candidates.

As you look to build your business and add employees, you'll want to be well versed in federal and state labor laws. You can tap the Department of Labor for more information on that.

The last resource, of course, is proper legal representation when it comes to any area of your small business. Get in touch with the professionals at the Law Offices of Donald W. Hudspeth, P.C., today to learn more about how to use our expertise and help you get ahead when it comes to your company.

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