Collect W9’s from Vendors

This continues our 10-part series of best practices for business owners. Best Practice 9: Collect W9’s from vendors A W-9 is an IRS form which a business owner uses to request a taxpayer identification number from an independent contractor or vendor that is not a...

Understand your break even point

This continues our 10-part series of best practices for business owners. Best Practice 5: Understand your break even point Many people go into business with a dream to make lots of money.  The harsh reality is, in small business, making money is much easier said than...