Sep
12
How to Determine Your Working Capital Needs
When it comes to working capital, every business is different . Some need more working capital than others. When determining your working capital needs, you should consider the following: 1. What is working capital? In simple terms, working capital can be calculated by subtracting your current assets from your current
Aug
21
Will Tax Reform Hurt or Help Small Businesses?
Tax reforms usually come with good and bad changes and sometimes their after effects are detrimental to the economy more so than how things were originally. The climate in Washington comes with several different views. But the bottom line remains the same, our government and the people of our country
Aug
3
Do You Understand Your Business’s Statement of Cash Flows?
This article talks about how important it is for business owners to understand their statement of cash flows. It says a lot about your business, and allows others to see important financial information. Below, you will also find an in depth explanation of the different pieces in a statement of
Jul
26
Small Business Loans for Bad Credit…Do they exist?
“Good credit, bad credit, no credit, no problem!” You’ve heard it a million times before. This catchy advertising jingle is being used more than ever by businesses and still seems to grab the attention of listeners. But why do people love to hear this? How much of it is actually
Jul
19
The End of Doma and Your Small Business
Jul
9
Small Business Working Capital Loans After Bankruptcy
After the economic downturn in the late 2000’s many small businesses were unable to qualify for business working capital loans. Traditional banks and credit unions weren’t even lending to those who had sparkling credit and sources of collateral. To make matters worse, the struggling economy forced many small businesses to
Jul
3
7 Things You Might Not Know About Working Capital Loans
Working capital, something that everyone could use. But what exactly is working capital? According to Investopedia.com, it’s “The capital of a business that is used in its day-to-day operations.” Working capital can also be calculated by subtracting your current liabilities from your current assets. Working capital has been referred to
Jun
24
Business Owners: Don’t forget about the Section 179 Tax Deduction
Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment. The deduction is available for most new and used capital equipment and/or software that has been purchased or leased during the tax year. In accordance with the [www.Section179.org], almost all types of
Jun
15
Update On The U.S. Housing Market
By: Lauren Rockwell, a business writer and works on the marketing staff at Liberty Capital Group, Inc. She writes about the latest business trends and industry conditions, from international economics to business funding and financing. We could all use an update on the U.S. housing market, right? It
May
29
Building Better Business Relationships
That tongue-twister of a title aside, if you’re reading this, you’re probably tired of business card swap meets that never go anywhere. You’re tired of “networking” events that accomplish nothing, and of self-congratulatory conventions where no one does anything. Most of all, you’re tired of those closed doors keeping you