8 Factors That Determine Whether Your Company Would Benefit From a GSA Schedule

Regardless of your industry, if you do business or have thought about doing business with the government, there is a strong chance you have heard of the GSA Schedule Contract.   However, if you are like many companies, you may be uncertain whether your company is eligible to participate in the program and if you should invest the time needed to obtain a GSA Schedule Contract.

would your company benefit from GSA schedule

So, how can you tell if your company would benefit from holding a GSA Schedule?   Here are eight factors to take into consideration:

1. Does your company currently do business with the government?

If you have a D&B D-U-N-S Number, are registered on the Central Contractor Registration (CCR) website, and have already been contracting with the government, a GSA Schedule Contract is the next logical step.…

Continue reading

The Regulatory Strategy for Small Business

It is common knowledge that small business drives job growth and in hopes to generate more jobs, President Obama is ordering government agencies to consider reducing burdens on small businesses. In fact, the president urges a “government-wide review” of business regulations as stated in a Wall Street Journal Op-Ed article. This review of business regulations aims to help small business owners and this is a welcome reprieve as the industry is given a much-needed break by the government.

small business regulatory system

Striking the right balance is important in business as in life. For so long, small business owners have been stifled by different regulations apart from other risks in operating a business, such as the most recent financial woes that businesses continually find themselves in.…

Continue reading

Small Business Payroll Taxes

payroll taxesThere is no escaping the wrath of the IRS when it comes to unpaid taxes. There are several differences between running a small business versus a large corporation, but at the end of the day, payroll taxes are something that all business owners must pay close attention to in order to avoid problems with the IRS.

Owing the IRS is not the same as owing a lender or creditor. In the latter situation, you can often negotiate or work out payment arrangements that will allow you to avoid legal ramifications and get your accounts in order without losing your business. The IRS is not a lender nor creditor and will take aggressive action with collection efforts.…

Continue reading