Small businesses are the backbone of the American economy. According to the Small Business Administration, small businesses are responsible for generating 64 percent of net new jobs over the past 15 years. And in his latest stump speech, President Obama called small businesses the places where most jobs begin. Despite their value, the...

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For small businesses, it’s a thin line between success and failure. Flexibility is key. This ability to respond swiftly often gives small businesses a desirable advantage over their much-larger competitors because they can adapt to take advantage of growing opportunities and changes in their particular industries. The reality is, owners must constantly look...

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Successful small business owners must master operations, sales, customer service, marketing, human resources and accounting. They must also maintain accurate accounting books in order to maximize tax liabilities. A receipt-scanning program like Shoeboxed helps quickly document and track tax-deducible expenses including: – Travel expenses such as costs of plane tickets, taxis, lodging, meals...

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With regards to technology, small businesses and entrepreneurs working out of a home office used to be at a competitive disadvantage. But the abundance of productivity tools and online resources for small business has changed all that. Being small doesn’t have to look small — now you can run your business from beaches and...

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