SmartBiz - Business Blog

The process of getting a small business loan for an online business is mostly the same as if you run a brick-and-mortar operation. Both types of businesses typically face the same challenges when applying for funding, in...

Can a sole proprietor hire employees in 2026?

Yes! Even though a sole proprietorship is not a separate business entity, business owners may still hire employees as long as they follow all the relevant labor and tax laws. As an employer, you’re...

 

Seasonal growth has the potential to be one of the most exciting times of the year for your small business. However, it won't automatically end up as a success. Instead, it requires careful planning and prepar...

 

If you are a minority business owner, you may want to consider becoming officially certified as a minority-owned business. Corporations, the federal government, and state agen...

 

Knowing your cost of goods sold (COGS) and the cost of sales is an important part of understanding your balance sheet. Both numbers help determine how efficiently your comp...