This week’s small business roundup offers help in choosing accounting software, a reminder of the importance of tax considerations for start-ups, advice on financing your business without a bank, a cautionary tale to parents thinking of investing in their children’s businesses, and a checklist of areas you should examine in your business — and how to deal with the problem of inertia if you find it exists:
- A Guide to Small Business Accounting Software: For many people, keeping the books is the least enjoyable part of running a small business, so it’s essential that you set it up to make it as easy as possible. Small Business Computing offers this guide to different types of software (both free and paid) to help you decide what’s best for you.
- Tax Planning is Crucial for Start-ups: The Los Angeles Times stresses the importance of considering tax implications of setting up and starting a business — and this is especially great advice as another tax year comes to a close.
- 8 Ways to Bootstrap a Business Without a Bank: The Huffington Post shares some innovative ideas for funding your start-up from “crowdfunding” and microfinancing to peer-to-peer lending and Community Development Financial Institutions (CDFIs).
- Underwriting a Child’s Business Poses Pitfalls for Parents: This New York Times piece wasn’t published this week, but it’s too good not to mention; check it out for some great advice on what parents should think about as they consider investing in their children’s start-ups.
- Five Dangers of Small Business Inertia: Are You at Risk?: This is an article from the Sydney (Australia) Morning Herald that has just as much relevance for American-based businesses as for those Down Under. It offers a great checklist of areas for you to examine and possible solutions to problems you may encounter.
What’s new in your small business world this week?