Category: Small Business – Guest Blog

Double-entry accounting, a fundamental accounting concept that has been used for centuries, is a systematic method of recording financial transactions that ensures accuracy and accountability. “Double entry” comes from the fact that every transaction involves at least two accounts, with debits and credits entered to maintain a balance. This approach follows the accounting equation where…

There are many reasons you might want to close your restaurant business, some positive (like retirement or selling your business) and others less so (like a failed lease re-negotiation). Whatever your reasons, when closing a restaurant for good, it’s important to tie up all financial and legal loose ends so you can make a clean…

W-9 for contractors is a form that gathers basic information about independent contractors, like name and Social Security number. The W-9 form is used to verify a contractor’s tax ID number in order to report earnings (>$600) for the year. The form is easy to complete and doesn’t need to be submitted to the IRS.…

360training Agent Campus is a prominent online real estate education provider. The school scored an expert review score of 3.21 out of 5 in our detailed analysis of the best online real estate schools. During our assessment, my team and I considered factors such as course offerings, learning formats, customer reviews, ease of use, and…

Some of the most successful food businesses in the restaurant industry come in the form of franchised restaurants. The franchise model allows the owner of a food business (the franchisor) to grow their brand and revenue while a third party (the franchisee) undertakes the operational management of the franchised business. If your restaurant concept is…