As I mentioned a few weeks ago, this ‘bad economy’ is a great time for your business to grow.  The down times are causing people to scale back on necessities, and the government is hoping that their new stimulus package will help some small businesses continue to operate.

As part of the stimulus package, the government has also increased the amount that a business can expense (section 179).  This one-year exception means that if you buy business stuff (a van, a computer, some new software) you can write off a larger chunk of that up front, which will help come time that Uncle Sam visits you again in April.

I’m not a tax expert, so do some research on the section 179 details.

This is a great time for small businesses to get their fannies in gear in relation to online presence.  I’m not going to rehash what I said earlier, but man what an opportunity!  Cut back on those Yellow Pages ads and push that money into your Internet plans.  You won’t be sorry.