Section 179 Deductions – An Overview
It is not easy to be a small business owner and be able to purchase equipment or assets every year or even every few years when it needs replacement. While there are not many avenues, which would lend to small business owners, they require some form of a tax cut
What businesses need to know about getting a line of credit?
Finding the right type of funding for your business depends on many factors, but there is no shortage of options, including bank loans, credit cards, crowdfunding, Small Business Administration loans, office equipment financing and leasing, merchant cash advances and lines of credit. So, what should you choose? Well, businesses looking
2019 Guide to IRS Tax Rule Section 179 for Small Business
It is never early to start thinking about the upcoming taxes and how it will affect you. Small business owners have to end up maximizing their deductions in order to minimize the taxes which they have to pay. These small business owners, however, may not be aware of a unique
It’s smart to use equipment lease for office equipment and machinery than using working capital or cash
For someone starting a new business or establishing an office, getting the required equipment to get the office up and running is one of the most important things. Even in cases where the company is already well established; they still need to find up to date machinery. Being well equipped
Candid Client Conversation with CEO of LCG
Regardless of the industry and size of the business group, the planning for such talk often involves a long conversation with the CEO or another senior member of the management team in advance, but this call was unexpected. Liberty Capital Group is a leading provider of small business loans and
Top 10 Reasons to Borrow Now Rather than Wait
There is always a time when a person requires a loan, whether it is for personal reasons or business use. You may want to use that money to buy an asset, remodel your house or spend on a vacation or even on your wedding. Similarly, a business needs to borrow
Can I Still Get Business Funding with Tax Liens and Prior Bankruptcy?
There are times when a business is facing troubles in terms of debts and tax liens. Getting business funding is already quite challenging for a small business, especially when they have tax liens and prior bankruptcy on their record. However, is it impossible to get funding in such a scenario?
Top 10 Reasons Businesses Fail Within 5 Years
People start their own business thinking they’ll have more control over their life. Free reign to work at your own terms, exploring new ideas without anyone else’s approval and managing your personal finances are some of the reasons why people want to start their own business. The words “be your
Why Would a Business Owner Choose Alternative Funding as a Source for a Business Loan?
The scope of business financing is changing day by day, with many more and more funding options becoming available to business owners. From owner investments to non-bank sources, most businesses seek financing from a variety of sources. A small business, however, is always forced to face challenges when applying for
Nowadays Our Identity Has Become Just A Number
A number might appear to be merely a mathematical figure. However, the truth is that numbers affect almost every aspect of our lives from the day we are born. In fact, you can only achieve as much as the number you become from the day you are born. While you