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Business

Must-Know For Small Businesses: Vehicle Tax Write-Offs

Business
Small businesses on average pay about 19.8% business tax. One way to reduce the amount you owe in taxes is by doing a tax write-off. One way you can use your write-off is by doing a vehicle tax write-off, especially if you have a heavier vehicle. Keep reading to learn more about how a small business tax write-off works for large vehicles. What Are Heavy Vehicle Tax Write-Offs? If you're interested in writing off vehicles over 6000 pounds, you'll need to use a Section 179 deduction. This will work if your vehicle is classified as an SUV under the tax rules, but it's limited to $25,000. If you don't have an SUV that is heavy, like a van or a pickup, these aren't limited to the $25,000 limit. These vehicles can be written off for the entire portion that you use for your business. Ke...

6 Things to Consider Before Going Independent as a Young Adult

Business
As you may have learned from your peers and colleagues, moving out of your parents' house can be challenging. That's unless you were able to prepare for this event completely. Being away from your parents is already hard. That's especially true if your bond with them is strong. Not to mention all the other things you have to leave in your parents' house when you move out.  While you think this may be a lot to take in, you need to know that you're not alone. More millennials are also leaving their parents to become independent. It could take a lot of courage to pull off this feat as a young adult. But maybe, the thought of seeing other young adults do the same may encourage you. In case you need a little more motivation, you may continue reading. We've listed some of th...
Top Three Ecommerce Platforms in 2022

Top Three Ecommerce Platforms in 2022

Business
eCommerce accounts for 14.1% of all retail sales. So if you're planning on starting a business, you'll need to invest in eCommerce platforms to ensure that you can still have a profitable business. But what is the best eCommerce platform out there to host your site? Keep reading for three different options that might be beneficial for your business. 1. Shopify Shopify is one of the most famous platforms. Millions of businesses use this platform, and it just keeps growing. Because they're such a powerful platform, you'll be able to have tools that can help you start your business and launch your store in just a few minutes. You also don't have to worry about payment gateways, database configuration, domain names, or hosting capacity. It's all taken care of for you. ...
Gold vs. Silver: Which Is a Better Investment?

Gold vs. Silver: Which Is a Better Investment?

Business
Are you torn about being a gold or silver collector or investor? Investing in precious metals is a popular type of investment because of its benefits. 10.8% of Americans own gold, while 11.6 are silver owners. Do you also want to invest in precious metals like gold and silver? Below, we’ll compare gold vs. silver and how they differ as investment metals. Silver Is More Volatile If you want to buy silver, remember that it may be more volatile than gold at some points. In other words, its price is more likely to have drastic changes. It may cost more in bull markets or less than gold in bear markets. Gold Is More Powerful Than Silver as a Diversifier Also, consider that gold isn’t as affected by economic deadlines compared to silver. The reason is that it has only a few in...
5 Fantastic Reasons Your Business Needs a Proven Digital Marketing Strategy

5 Fantastic Reasons Your Business Needs a Proven Digital Marketing Strategy

Business
Is the digital side of your business in the doldrums? That could be because you aren't taking your digital strategy seriously. To find new success, you need a strategy that can take your business to the next level. Not convinced? Here are five fantastic reasons your business needs a proven digital marketing strategy. 1. Focus Your Efforts The most common mistake with digital marketing? It's thinking that fooling around on social media counts as a strategy. The digital arena lies at a weird crossroads: between corporate and casual, between professional and social. That fools some companies into thinking that digital marketing just means someone tweeting whatever crosses their minds. Yet a true digital marketing strategy is as meticulous as its offline counterparts. Th...

Why Entrepreneurs Should Invest in Employee Training

Business
Employee training is an essential part of running a successful business. It is the best way to ensure that your employees can do their jobs properly, and it can also help you avoid costly mistakes. If you want to succeed in today's competitive marketplace, training should not be overlooked or undervalued. Some employees invest in continuing education on their own. However, employers are obligated to offer training to their employees, including on-the-job training, orientation, and safety training. This way, they can continuously learn new skills and adapt to changes within the company. Importance of Training Employees Many business owners are not aware of the importance of employee training. This can lead to a lot of wasted time and money and unhappy customers. Businesses that...
Workplace Health and Safety Hazards

Workplace Health and Safety Hazards

Business
Every day, workers are exposed to several potential hazards in the workplace. These hazards can cause serious injuries or even death. To protect yourself, it is important to be aware of the most common safety hazards in the workplace. Slips, Trips, and Falls Some of the most common safety hazards are slips, trips, and falls. These can occur when workers are walking on wet or slippery surfaces or carrying objects and losing their balance. Workers can also be injured in falls from height. Chemical Exposure Another common safety hazard is chemical exposure. Many workplaces use chemicals in their operations, which can be harmful if they are not handled properly. Workers should always wear the proper safety equipment when working with chemicals, and they should be aware of the dange...

How to Improve Your Company’s Online Presence in 2022

Business
What exactly is an online presence. In simple terms, an online presence is a deep layer that portrays an accurate and flattering portrait of what you and your business represent. It involves the actions you take, the way you engage with the internet's algorithm, and how you interact with your audience. In other words, your online presence is connected to your reputation and credibility. So how can you gain a good online presence? Well, in this article, you'll find great tips on how to improve it, so keep reading! A Beautiful Website Design If it looks attractive, you'll draw attention. After all, people are more interested in things that are aesthetically pleasing. Your official business website should harmonize well, and this includes choosing the right photos, font, colors, and d...

Your Legacy Shouldn’t Be Greenhouse Gases

Business
With all the clamor for governments to address climate change, everyone should be concerned about the state the world is in. Going green and actively choosing eco-friendly practices and products should not only be a matter of lifestyle choice. However, this is the big problem. Most of the time, green alternatives or a sustainable lifestyle are expensive. Unless world leaders enact global policies that make green options affordable to everybody, the world will not see that much of a change. Right now, all you can do is keep calling for change and action from people in power. While you do that, if you are capable, you can do things as a concerned individual.  What Is the Carbon Footprint? Carbon footprint refers to the greenhouse gases that certain activities leave. It can refer...
When Should You Take out a Loan?

When Should You Take out a Loan?

Business
Times can get tough, but tougher for people who are not born with a silver spoon in their mouths. Financial shortage is common for people of average standing, and the remedy for such is a loan application. Applying for loans is the most effective way of getting funds quickly. The lending institution will check your background to see if you will be able to pay your dues on time.  The type of loan you can take out is based on your purpose in mind. However, you might get rejected when you have bad credit. In this case, the best loan to take out is a car title loan, if you own the car.  But when can you apply for a loan? Read these instances below: Emergency Reasons When unexpected events happen, and we are short on funds, we can apply for a loan. Examples of emergency reasons ...