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6 Ways Doing Business Has Changed Since 2006

Posted by Ryan Mason to Industry News, Business

For those of us who grew up believing there to be nine planets, 2006 was a fateful year. It was the year the International Astronomical Union officially demoted Pluto, reclassifying it as a “dwarf planet” and abruptly altering a fundamental fact of our solar system. In retrospect, we should have known Pluto’s demise was signaling a cavalcade of explosive changes to come. The last ten years saw the financial crisis as well as the swift proliferation and adoption of mobile technology, not to mention myriad social, cultural, environmental, and political developments brought on by an increasingly interconnected global social society.

Doing business is no exception. Whether you were chugging along in your career, already running your own company, or—like our founder, Jessica Mah—were only just heading to college, it’s likely that your professional life today hardly resembles what it was back then. Consider the tools and services you take for granted on a daily basis: in 2006, almost no one used LinkedIn or Twitter, Facebook advertising didn’t exist, every desk had a landline, and cloud computing was still years away.

Image Source: quickmeme.com

And that’s not all that’s changed since then.

Good Leaders Delegate: 9 Signs You Shouldn't Wait to Outsource Your Bookkeeping

Posted by Paul Olenik to Accounting

If bookkeeping is your least favorite part about running your business, you’re not alone. In a survey released by TD Bank, over half of the hundreds of entrepreneurs polled admitted that of all their daily tasks, keeping track of finances was the one they dreaded the most.

Filing Taxes in 2017: Every Date You Need to Get Ahead of 2016 Business Taxes

Posted by Melissa Hollis to inDinero Academy, Taxes, Guides

In the world of business taxes, there are three pricey tax penalties businesses can avoid, and—as is true with so many of your tax responsibilities—they all come down to one thing: paying your taxes on time.

The Startup Productivity Stack: 100+ Tools Small Teams Use to Get More Done

Posted by Melissa Hollis to inDinero Academy, Business Advice, Business, Guides

If you run a startup or other business in the midst of growth, you picked a hell of a time to embark on your entrepreneurial journey. We’ve reached a point in the global marketplace where the tools and products out there designed to help you manage your company are virtually limitless.


The question then becomes: Where to begin?

 

The landscape of business resources is vast and weeding through the internet is time consuming... so we did it for you! As of April 2016, here’s a comprehensive list of resources you should know about, from marketing to sales to teamwork to legal help and beyond:

6 Ways You Can Protect Your Business From an IRS Audit

Posted by Melissa Hollis to Taxes, Business Advice, Business

    

Fact: There is no one braver than an entrepreneur.


Okay, you could make the argument that firefighters, police officers, marines, etc. are physically tougher, and more daring, but when it comes to facing the business world head-first with a steady hand, the fearlessness found in entrepreneurs is unmatched. Howevern, even with the guts to brave the risks associated with starting a business of their own, they still get anxiety attacks thinking about a tax audit.


The reality is that companies get audited for any number of reasons–or just out of the blue! But it’s valid to wonder what makes some businesses more likely to be audited than others?

Is Your Business Trustworthy? How Reliable Brands Approach Accounting

Posted by Melissa Hollis to Accounting, Business Advice

What does it take to establish credibility for your business with customers, prospects, and investors? In my blog post on the topic last month, I offered seven strategies anyone can use to instantly improve their reputation as a trustworthy, transparent, and professional leader.

 

One subject I didn’t mention? Money.

 

8 Companies You Can Learn From When Establishing Culture At Your Startup

Posted by Jessica Mah to Inside inDinero, Industry News, Business

This article originally appeared in slightly different form on Inc.com and is shared with permission.

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Remember when all it took for a company to seem innovative were a few beanbag chairs, a couple beer kegs, and a ping-pong table?

 

To be fair, virtually anyone would welcome all of the above in their workplace, but we’ve come a long way from the early days of the startup economy when a “best place to work” was essentially a conventional office with a ball pit in the middle. (Nothing against ball pits!)

 

It’s 2016, and forward-thinking organizations are taking a holistic approach to company culture, challenging old norms regarding benefits, compensation, management structure, purpose, and everything in between.

The Reports You Need to Reach Your Business’s Financial Goals This Year [Webinar]

Posted by Melissa Hollis to Accounting, Business, Webinars

 

It’s officially April. This means there’s 8 full months left to achieve your goals for business growth.


Some business leaders may read that line and head over to their ping pong table, but others may instead run to their coffee machine in a panic rush for more fuel. In reality–no matter which response you feel yourself experiencing–the end of Q1 and beginning of Q2 is a perfect time to evaluate your current state. At this point you have a solid chunk of history to use to identify initial indicators where you are over-performing, underperforming, or right on track and also enough time left in the year to tweak to your future goals as necessary.

Looking for Growth Capital? 12 Things to Know About SBA Loans

Posted by Meredith Wood to Business Advice, funding

If you’re a small business looking to grow, you might find yourself searching for working capital to make it happen. At anytime, you could be evaluating a business opportunity that could take you new heights… But could cost something to get there.

Quick Ways to Tell if a Potential Investor is Right for Your Business

Posted by Elise Fajen to Investment, Business Advice, Business, Guides, funding

What makes a good investor? And how should you go about finding someone who possesses the right qualities?


A not-insignificant number of entrepreneurs in need of venture capital believe the answer to these questions is simple, and their thinking can be summed up by an old expression: follow the money. In theory, it makes sense: Could there be a better indicator of an investor’s success than that investor’s wealth? Isn’t that what investment is all about?


Not really—at least not for you, the business owner on the other side of the deal.

Success starts when you take charge of your finances.

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