TSBAS Accounting Bookkeeping Payroll Tax Preparation
  • Home
  • Blog
  • Learn More
    • About >
      • Meet the Team
      • Reviews
    • Services >
      • Tax Debt Relief
      • Accounting & Bookkeeping
      • Tax Services
      • Payroll Services
      • Seminars & Training
      • QuickBooks Services
      • Specialized Services >
        • Spa Bookkeeping
        • Services for Real Estate Agents
  • Schedule
  • Contact Us
  • TSBAS Client Guide
  • Service Requests
    • Payroll Service Quote Request
  • Links to Important Things
  • careers
  • Home
  • Blog
  • Learn More
    • About >
      • Meet the Team
      • Reviews
    • Services >
      • Tax Debt Relief
      • Accounting & Bookkeeping
      • Tax Services
      • Payroll Services
      • Seminars & Training
      • QuickBooks Services
      • Specialized Services >
        • Spa Bookkeeping
        • Services for Real Estate Agents
  • Schedule
  • Contact Us
  • TSBAS Client Guide
  • Service Requests
    • Payroll Service Quote Request
  • Links to Important Things
  • careers

Small Business Week

9/15/2021

0 Comments

 
Small Business Week typically takes place in the first week of May each year, but as with, well, everything else over the past year and a half, it was postponed and is now being celebrated this week. There is nothing inherently necessary about that May date anyway, and it can always be a good time to think about a small business, so let’s join in the festivities.

Know that is even possible to starting thinking about a small business without actually having a business. Everything has a starting point after all. I think the biggest thing here is to have a passion for something you want to do. Have you ever had a tickle of an idea that you thought could become a business? That spark that you knew could be profitable if someone would just do it? Well, that probably came out of something you would like to do and when it comes to work, the things you want to do are going to thrive more than the things you need to do. So lean into it, identify that opening you saw, and think about how you could fill it.

As a quick tip, once you actually decide to pursue something as a business (even if you don’t envision it ever being more than a side hustle), set up a new bank account for it. This doesn’t have to be any special type of account and can likely be accomplished in minutes with your current bank. Keeping your business and personal spending separate, though, will fend off the headache of going through lists of transactions and determining what was what months down the road.

For those who try to make the transition from side hustle to business, the biggest hurdle can be getting from doing those things you want to doing the things you need to do. This can be as simple as properly forming the business legally, keeping a bank account balanced, paying the right taxes, or knowing whether you are actually making a profit. All of these are things that one understands need to happen on some level, but they aren’t why you start the business, and they aren’t what you know about. So when it comes to them, do not shy away from seeking out help from those who do know such things.

So to that end, know that the federal government runs a Small Business Administration, which shares a lot of information on its website at sba.gov. For more strictly tax-related issues, the IRS has put together a website in celebration of this week that offers up some information. And as always, if there is anything we can do to help facilitate your success, do not hesitate to reach out.

Warmly,

Josh Bousquet
Connect to Us ~ 
Facebook ~ Twitter

To ensure we don't make the folks at the IRS ornery, we inform you that any U.S. federal tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing, or recommending to another party any transaction or matter addressed herein.

0 Comments



Leave a Reply.

    Archives

    May 2025
    April 2025
    March 2025
    February 2025
    January 2025
    December 2024
    November 2024
    October 2024
    September 2024
    August 2024
    July 2024
    June 2024
    May 2024
    April 2024
    March 2024
    February 2024
    January 2024
    December 2023
    November 2023
    October 2023
    September 2023
    August 2023
    July 2023
    June 2023
    May 2023
    April 2023
    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017

    RSS Feed

    Categories

    All
    Balance
    Bookkeeping
    Business
    Payroll
    Tax
    Tax Prep
    Tax Return
    Tax Scam

    View my profile on LinkedIn
Website by Odeh Media Group
Copyright ©2025 TSBAS.com, All Rights Reserved
The Small Business Accounting Solution, Inc
50 South 1st Avenue, Coatesville PA 19320
(844) 208-2937
Privacy Policy
​Contact Us
Terms & Conditions