Save Some Cash

A title like that should certainly attract some attention due to a combination of the tough economic conditions and the holiday season and here is a great article from Business Week that explains how many small business owners can do just that. Frequently a small business needs a car or truck in the day to day operation of their business, so this article starts with the question on whether a personal vehicle can be used for business or whether it is necessary to purchase or lease another vehicle for business purposes.

The article describes how it is possible to use a current automobile for your business and that is the most cost effective way to meet your needs. The article goes much further than that and provides a couple of ways to approach this, but also recommends that an accountant or tax preparer should be consulted to make sure you follow all tax and business requirements. There is a lot more good information in the article and also some great links to other resources as well.

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3 Responses to Save Some Cash

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