The number one question that a small business owner probably is going to have at the beginning of the new business venture will be; how can we save money as we get are small company underway. After all, the first … Continue reading →
The number one question that a small business owner probably is going to have at the beginning of the new business venture will be; how can we save money as we get are small company underway. After all, the first six months of any small company’s life are when it is at its greatest risk. In fact, in a recent study done by Harvard Business School, nearly seventy percent of all small businesses fail within the first six months of starting, and at least half of those failures can be attributed to the company running out of funds. In this article we will highlight a few ideas for saving money which many small business owners might not consider.
One excellent tip is for small business owners to hire an outside firm to take care of their taxes during the first year. The first tax filing is often said to be the most complex, and there are a lot of delicate issues that have to be taken care of during the first filing which the average person probably won’t know about. Tax preparation agencies such as, www.mmillercpa.com have tax agents who are experts in creating a company’s first year tax filings, and doing so while seeking out any possible tax benefits which a small company stands to earn. The amount of taxes which a small company has to pay can vary greatly depending on how many exemptions the company can use. In fact, it is estimated that nearly one out of five tax exemptions which are set up to help small companies go unused by those who should be their benefactors. Tax preparation CPA and other professional assistance programs for companies that need to file taxes for the first time can help make sure that small companies are getting every break they can, and that can save a small company enough money to make a big difference.
Small business owners should be careful about overspending during the first year they are in business. After improper tax handling, the most common mistake for small businesses to make is probably to spend too much money on items they don’t need when they are just getting started. People that know their stuff when it comes to business will advise small business owners to keep all their first year expenses to an absolute minimum. One common area of overspending for new companies is with marketing. As a good rule of thumb, the first year a company hits the market, no more than 15 percent of its funds should go towards marketing spending, and some business professionals would say that figure should be even lower. The problem is that marketing might bring in a lot of cash over time, but is a company starts off overspending right from the start, they run the risk that they will go belly up before they can even enjoy the fruits of the money that they have invested in their marketing efforts. Small businesses should start out slow and build their marketing efforts up over time as their income gets stronger and more reliable.
There tend to be a lot of great sales on vinyl siding around this time of year. The web is filled with local siding sites such as, www.lifetimewindowscolorado.com, and many others that are offering low cost siding and free instillation … Continue reading →
There tend to be a lot of great sales on vinyl siding around this time of year. The web is filled with local siding sites such as, www.lifetimewindowscolorado.com, and many others that are offering low cost siding and free instillation to go with it. There will be plenty of people that decide to take up these siding offers, but many more may opt for other home improvement job, placing siding at the back of the list. However, homeowners should know that siding has a lot more benefits than most people may be aware of. Below we will go over a few of the less thought of reasons why the getting siding replaced sooner rather than later is a smart move.
The winters here in Colorado can be very rough on homes. The worst winter days can bring temperatures well below zero, snow and heavy winds. The Better days which Colorado is famous for might show temperatures of more than 65 degrees and lots of sun. These sweeping transitions between one extreme and the next can cause the home to expand and contract, and can cause a lot of underlying issues with the home. This shrinking and expanding process can cause areas under the home’s siding to shift and allow for water damage to get into the wooden parts of the house. By replacing the vinyl siding after each winter, homeowners can be sure that their homes are protected against water damage and other serious potential issues for the coming winter. When the winter has been especially harsh, the replacement of vinyl siding can be a cheap way to boost the home’s defenses again.
Vinyl siding helps keep a house warm and cool. Most people buy siding because it looks good, but are not even aware of how useful it can be in other ways. Wood surfaces, which are common in most homes, are not good at keeping the inner temperature of a home at the desired level, and homes that have lots of wood surfaces with no other material to help conserve heat and cold, are very hard to keep regulated. Siding replacement is a fantastic way to keep the home protected from outside weather. Juts to give our reader’s an idea of how much difference siding can make on wooden homes we look to the fact that wooden homes without siding cost on average, 30 percent more to heat and cool. The difference between a home with siding and one without is enormous when it comes to energy costs.
Finally, the most obvious of all reasons why homeowners should replace old siding is because it keeps a house looking great. While siding has plenty of uses, it has always been for esthetics that people love siding so much. Siding costs less than a new coat of paint for the average home, and since siding is not just a color, but a texture and an added dimension to a home, siding can do far more to make a home look great again.