Small Business Advisory

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CJBS

Illinois Businesses Get Sales Tax Payment Reprieve

As part of a series of new measures to relieve pressure on small businesses, the State of Illinois announced that it is allowing the deferral of sales tax payments by waiving all penalties and interest for two months. The provision is expected to benefit 24,000 small and medium sized bars and restaurants, accounting for nearly […]
March 20, 2020
1 MIN READ
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CJBS

Understanding and Applying Accounting Reports and Ratios

When it comes to tracking incoming sales and outgoing expenses, there are many ways businesses can keep up with their invoices and implement strategies to reduce the time they spend on unpaid sales.  Accounts Receivable Turnover Ratio  Simply defined, the accounts receivable turnover ratio is a way of showing what percent of a company’s receivables […]
September 24, 2019
3 MIN READ
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Leading Your Family Business Successfully

This article discusses points that can help on your way to a successful family business. From recognizing the advantages of family ownership to treating every family member equally, these tips are valid and should be taken into consideration. To view this article, click HERE to access the original content.
September 10, 2019
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Small Businesses Need a Data Strategy

Managing data and information can be a major competitive advantage for small businesses.  This article discusses why every small business should develop a data strategy.  To view this article, click HERE to access the original content.
August 27, 2019
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Using Small Business Advantages

Competing against big corporations is a challenge for small business owners, but focusing on a niche market can be a huge benefit for small businesses.  This article discusses eleven advantages for small businesses and how to use them.  To view this article, click HERE to access the original content.
July 31, 2019
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Small Business Survey: How Are Today’s SMBs Using Technology?

For small business striving to reduce the overhead associated with hiring workers, one method is to make efficient use of technology. According to a recent survey by CompTIA, 73 percent of midsize businesses and 56 percent of firms with fewer than 20 employees say technology is a primary factor in pursuing their business objectives. Budgeting […]
July 11, 2019
3 MIN READ
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