Oct
23
The Top 10 Tax Friendly States for Business
As most business owners know, some states are more tax friendly than others. The states that rank among the worst are the obvious ones such as New York, New Jersey, and California. But what about the best? The tax foundation rated the 10 best states for business owners. The states
Oct
11
The Government Shut Down, The Debt Ceiling and What it Means
We’ve been hearing a lot about the government shut down, the debt ceiling and how this will affect us personally and professionally. But do we really understand the consequences of these momentous events? Before we go any farther, let’s look at the issues themselves and how we got to where
Oct
9
Financing Options for Small Businesses During Shutdown
On October 1, 2013, the government came to a standstill. Government workers prepared to be off work and without a paycheck until the shutdown was over. Now, a full week later, the government remains closed, and thousands of Americans remain unpaid. Not only does the Government shutdown affect workers, it
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