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Small Business

Financial management strategies and tools for small business owners

2827 postsView all tags
AI-Generated Content and Copyright in 2026: What Small Businesses Can Actually Own, Use, and Risk
·mike

AI-Generated Content and Copyright in 2026: What Small Businesses Can Actually Own, Use, and Risk

After a $1.5 billion settlement and a Supreme Court decision reaffirming human authorship, 2026 rulings split AI training from AI output: training can be fair use, but storing pirated copies is not, and publishing outputs that reproduce protected work still risks infringement. This guide shows what small businesses can own, what they risk, and how to keep AI-assisted work defensible and auditable.

ai
copyright
small-business
American Express Graphite and the New $895 Platinum Fee: A Business Owner's Guide to Budgeting Corporate Cards Without Losing the Math
·mike

American Express Graphite and the New $895 Platinum Fee: A Business Owner's Guide to Budgeting Corporate Cards Without Losing the Math

Amex launched the Graphite Business Cash Unlimited at $295 with 2% unlimited cash back and raised Business Platinum to $895 in 2026. Learn how no preset spending limit affects forecasts, how to book annual fees and 2%–5% rewards correctly, and a framework to compare effective fees, credits, and cash flow before you renew.

bookkeeping
small-business
financial-management
California's Freelance Worker Protection Act: Written Contracts, Payment Timelines, and What Every Hiring Business Must Track in 2026
·mike

California's Freelance Worker Protection Act: Written Contracts, Payment Timelines, and What Every Hiring Business Must Track in 2026

California's Freelance Worker Protection Act (SB 988) has been enforceable since January 1, 2025. Learn who is covered at the $250 aggregated threshold, the six required contract terms, the 30-day payment backstop, four-year retention, double-damages risk, and a bookkeeping playbook to keep your AP calendar and vendor files compliant in 2026.

california
compliance
freelance
Closing Entries at Year-End: How to Zero Out Revenue and Expense Accounts and Roll Profit Into Retained Earnings
·mike

Closing Entries at Year-End: How to Zero Out Revenue and Expense Accounts and Roll Profit Into Retained Earnings

Master year-end closing entries: learn the four steps to zero revenue, expense, and dividend accounts, transfer net income via Income Summary to retained earnings (or capital), verify with a post-closing trial balance, and see how Beancount handles closing without manual entries.

accounting
accounting-basics
bookkeeping
Connecticut's All-In Pricing Law Is Live: The July 1, 2026 Junk-Fee Ban Every Business Selling to CT Customers Needs to Follow
·mike

Connecticut's All-In Pricing Law Is Live: The July 1, 2026 Junk-Fee Ban Every Business Selling to CT Customers Needs to Follow

Connecticut's S.B. 3 takes effect July 1, 2026: every business advertising to Connecticut must show an all-in price that includes all mandatory fees. Learn who must comply, the tax and shipping exceptions, how it compares to the FTC rule, and the bookkeeping checklist to align your price tags, POS, and ledger.

connecticut
junk-fees
all-in-pricing
Custom Sign Shop Pricing That Actually Pays: Separating Materials, Labor Burden, and Installation
·mike

Custom Sign Shop Pricing That Actually Pays: Separating Materials, Labor Burden, and Installation

A flat $55 shop rate quietly underprices illuminated and digital sign work while vinyl subsidizes the loss. Learn how to split every quote into materials with 7% indeterminates and 1.5x markup, fully burdened labor including payroll taxes and workers comp, and installation as a separate crew and equipment profit center — with a sample channel letter worksheet and a bookkeeping setup that makes estimates match actuals.

small-business
bookkeeping
job-costing
Your $35,568 Exempt Employee Could Still Owe Overtime — If They Work in the Wrong State
·mike

Your $35,568 Exempt Employee Could Still Owe Overtime — If They Work in the Wrong State

Federal overtime stays at $684 per week after the 2024 rule was vacated, but Washington ($80,168), California ($70,304), Colorado ($57,784), New York ($62,400–$66,300), and Maine ($45,300) now exceed it for 2026 — learn the three-test rule, where state law controls, and a six-step payroll audit to avoid back-pay and liquidated damages.

payroll
compliance
small-business
Drone Delivery Goes Mainstream: A Small Operator's Guide to FAA Part 108 BVLOS Permits, Insurance, and Per-Flight Profitability
·mike

Drone Delivery Goes Mainstream: A Small Operator's Guide to FAA Part 108 BVLOS Permits, Insurance, and Per-Flight Profitability

FAA Part 108 replaces one-off Part 107 BVLOS waivers with 24-month permits and certificates for drones up to 1,320 lbs. Learn the five cost buckets, insurance pricing at $475-$4,000 per drone, and the cost-per-flight-minute formula that turns BVLOS approvals into profitable pricing.

drones
drone-services
small-business
Florida's Series LLC Law Takes Effect July 1, 2026: A Small Business Guide to Protected Series, Liability Shields, and Per-Series Bookkeeping
·mike

Florida's Series LLC Law Takes Effect July 1, 2026: A Small Business Guide to Protected Series, Liability Shields, and Per-Series Bookkeeping

Florida's Senate Bill 316 authorizes protected series LLCs starting July 1, 2026 — one parent LLC can house multiple legally segregated series. This guide explains formation and naming, what keeps the liability shield intact, how the IRS treats each series as a separate taxpayer, and the per-series bookkeeping that makes the structure hold up.

llc
small-business
real-estate
Hiring Farm Workers in 2026: Form 943, the $150 and $2,500 Tests, and Why Farm Payroll Files Once a Year
·mike

Hiring Farm Workers in 2026: Form 943, the $150 and $2,500 Tests, and Why Farm Payroll Files Once a Year

Farm payroll doesn't use Form 941. Learn how Form 943's annual filing, the $150 per-worker and $2,500 aggregate cash-wage tests for FICA and withholding, and the separate $20,000 FUTA threshold work in 2026, plus the bookkeeping split that keeps farm and nonfarm liabilities off the wrong return.

payroll
agriculture
farming
How to Reconcile Stripe Payouts Without Losing Track of Your Real Revenue
·mike

How to Reconcile Stripe Payouts Without Losing Track of Your Real Revenue

Stripe deducts fees, holds refunds, and settles net, so your bank deposit never equals your revenue. Book the gross sale, expense the fee separately, and treat each payout as a transfer from your Stripe balance, then reconcile to Stripe's balance in under 30 minutes a month.

reconciliation
payments
bookkeeping
Indoor Golf Simulator Lounge Bookkeeping: Bay Rentals, Memberships, and Hardware Depreciation Done Right
·mike

Indoor Golf Simulator Lounge Bookkeeping: Bay Rentals, Memberships, and Hardware Depreciation Done Right

America has 3,849 indoor golf venues with a median bay rate of $40 per hour. Learn how to book bay rentals vs memberships with deferred revenue, capitalize and depreciate $15K–$40K simulator hardware under 2026 Section 179 ($2.56M) and 100% bonus, and why waiting a full season before selling annual passes protects cash flow.

bookkeeping
small-business
financial-management
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