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Small business

For some time I’ve been thinking seriously about local chambers of commerce and their role in today’s business world. For centuries, chambers served as an essential member of the local business community, providing valuable advice, relationships and access to government officials. The first local chamber in the U.S. launched in New York in 1768 and was chartered by King George III.

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Small business

Answer: When the IRS says it isn’t. This detail can cause many headaches for small-business owners, especially those who keep track of their own accounting.  When managing your company’s accounts, you should follow what are known as Generally Accepted Accounting Principles or GAAP. For many small businesses, GAAP is pretty straightforward.

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