Many people work from home these days, but that doesn't mean they can claim the home office tax deduction. Only eligible self-employed individuals may do so, and there are other rules to follow and a couple of different ways of calculating the tax break. We cover the pertinent details.

Selling a business is a goal for many owners — either as part of a succession or estate plan. If the time for selling is getting close, you want to come up with a price that you and a buyer can agree on. Here is a look at what is involved in price setting and how to determine a realistic price that satisfies both sides.

Suggestion boxes can work wonders. They cost little to set up and, over time, at least a few of your employees' ideas will likely save your company money and help it operate more efficiently. This article offers eight steps to a successful suggestion box program. A sidebar provides a brief history of the suggestion box, which starts in 1894.

Fancy new equipment can be appealing, but is it really necessary? Some business owners invest in the most expensive piece of equipment available only to later learn it was far beyond their needs or the expertise of their employees. Then again, other business owners don't upgrade their equipment or buy only used assets, which may lead to all sorts of other problems. This article offers a five-point plan for buying assets in a safe and savvy manner.