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Mike Thrift

Marketing Manager

3751 postsView all authors
When and How to Change Your Business Entity Structure
·mike

When and How to Change Your Business Entity Structure

Learn when and how to change your business entity structure, from sole proprietorship to LLC, LLC to S-Corp, or LLC to C-Corp. Includes income thresholds, step-by-step processes, tax implications, and common mistakes to avoid.

small-business
business-structure
llc
Financial Benchmarking: How to Compare Your Business Performance to Industry Standards
·mike

Financial Benchmarking: How to Compare Your Business Performance to Industry Standards

Learn how to benchmark your small business financial performance against industry standards. Covers key metrics like profit margins, liquidity ratios, and efficiency indicators, plus free and paid data sources to find your industry benchmarks.

small-business
financial-planning
accounting
Multi-State Tax Compliance: What Small Businesses Need to Know About Remote Workers
·mike

Multi-State Tax Compliance: What Small Businesses Need to Know About Remote Workers

Hiring remote workers across state lines creates complex tax obligations. Learn about state tax nexus, convenience of employer rules, reciprocal agreements, and how to build a multi-state compliance framework for your small business.

small-business
tax-compliance
remote-work
Health Savings Accounts (HSAs): The Triple Tax Advantage Every Small Business Owner Should Know
·mike

Health Savings Accounts (HSAs): The Triple Tax Advantage Every Small Business Owner Should Know

Learn how Health Savings Accounts (HSAs) offer a triple tax advantage for small business owners. Covers 2026 contribution limits, HDHP requirements, new eligibility rules, investment strategies, and setup steps.

small-business
tax
healthcare
Accounts Receivable Management: How to Get Paid Faster and Protect Your Cash Flow
·mike

Accounts Receivable Management: How to Get Paid Faster and Protect Your Cash Flow

Late payments are a top cash flow killer for small businesses. Learn 10 proven accounts receivable management strategies to get paid faster, reduce bad debt, and keep your business financially healthy.

small-business
financial-management
accounting
Business Continuity Planning: A Financial Guide for Small Business Owners
·mike

Business Continuity Planning: A Financial Guide for Small Business Owners

Learn how to create a business continuity plan that safeguards your finances and ensures your small business can withstand disruptions. This guide provides essential strategies for maintaining operations during crises.

financial-management
small-business
business
Business Credit Score: What It Is and How to Build, Monitor, and Improve It
·mike

Business Credit Score: What It Is and How to Build, Monitor, and Improve It

Understanding your business credit score is crucial for growth. Learn what it is, how it works, and actionable steps to build and improve your score for better loan terms and vendor relationships.

small-business
financial-management
finance
Quarterly Estimated Taxes: The Complete Guide for Small Business Owners
·mike

Quarterly Estimated Taxes: The Complete Guide for Small Business Owners

Understand the essentials of quarterly estimated taxes for small business owners, including payment schedules, calculation methods, and tips to avoid penalties.

tax
small-business
financial-management
How Small Businesses Can Navigate Tariffs and Import Duties Without Breaking the Bank
·mike

How Small Businesses Can Navigate Tariffs and Import Duties Without Breaking the Bank

Learn practical strategies for small businesses to effectively manage and minimize the impact of tariffs and import duties, which have significantly increased costs in recent years.

small-business
financial-management
budgeting
Payroll Taxes for Small Business Owners: What You Owe, When It's Due, and How to Stay Compliant
·mike

Payroll Taxes for Small Business Owners: What You Owe, When It's Due, and How to Stay Compliant

Understanding payroll taxes is essential for small business owners. This guide outlines what you owe, when it's due, and how to ensure compliance, helping you avoid costly penalties.

small-business
payroll
financial-management
Microsoft FY2025 Earnings: The $101B Profit Machine Betting Everything on AI Infrastructure
·mike

Microsoft FY2025 Earnings: The $101B Profit Machine Betting Everything on AI Infrastructure

A deep dive into Microsoft's FY2025 annual results — $281.7B revenue, Azure crossing $75B, net income surpassing $100B for the first time, and what the numbers reveal about the world's most profitable cloud-AI company.

financial-reporting
financial-management
beancount
Bank Reconciliation: A Step-by-Step Guide for Small Business Owners
·mike

Bank Reconciliation: A Step-by-Step Guide for Small Business Owners

Learn the essential steps for bank reconciliation to ensure your small business's financial records are accurate and secure. This guide covers everything from document gathering to resolving discrepancies, helping you maintain clean books and mitigate fraud risk.

accounting
bookkeeping
small-business
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