Keeping records of important paperwork is a necessary evil, especially when preparing to do both personal and business taxes. But it doesn’t have to be a necessary headache. Let’s narrow down which documents you should hang on to versus ones you can throw away for good.

We don’t mean to paint a bleak picture – but what would happen to your company in the event of your own disability or death? No one likes to think about these things, but it’s extremely important to have a succession plan of who, what, why, when, how just in case. If you want your business to survive in your absence, don’t let it suffer from a lack of planning like 30% of small businesses do.

Unless you’re a manager in an accounting or finance firm, working capital may be a foreign term to you. With today’s ever-shifting economy, it’s important to understand the benefits and complications that arise from managing working capital.