Apr
21
Data Breach: Coming to a Small Business Near You
Data Breaches, cyber attacks, and identity theft seem to be the hot topics in the news recently. Retailers such as Target and TJ Maxx have both been in the spotlight for security breaches, and experts say small business owners who don’t make protecting customers’ personal information a top priority could
Apr
11
Federal Reserve Reports on Consumers’ Mobile Banking Trends
Mobile Banking has become the norm among consumers of all ages. With mobile banking, consumers can easily and conveniently check their purchase history online, transfer money, and compare prices. The Federal Reserve recently backed up these trends with the release of their most current report on Mobile Financial Services. We’ve
Mar
31
Small Business Owners & the Minimum Wage Increase
The current federal minimum wage stands at about $7.25 an hour. But small business leaders joined the Senate this past week in an effort to increase the hourly wage to $10.10 an hour. In recent months, we’ve seen employees all over the country, protesting for a wage increase. At McDonalds
Mar
10
5 Ways to Spruce Up Your Business With Working Capital This Spring
While there’s no such thing as a bad time for a working capital loan, the spring months might be our customers’ favorite time of year to take advantage of all that a working capital loan has to offer. In fact, there are hundreds of ways business owners are able to
Mar
4
Small Business Credit Conditions Improve for Fourth Consecutive Quarter as Index Rises to Highest Level
According to Experian/Moody’s Analytics Small Business Credit Index, a business index and detailed report that provides insight into the health of U.S. businesses, small business credit conditions improved for the fourth consecutive quarter in the last three months of 2013. This fourth quarter reading is the highest since the
Feb
17
Will Your Small Business Be Audited This Year?
If your small business receives news that it’s scheduled to be audited by the IRS, you’re likely to become slightly distressed. Even if you have triple checked your tax return for errors, are able to defend every deduction you claimed and back up your income. According to Fox Small
Feb
5
2014 Tax Tips for Small Businesses
The IRS opened its doors to tax season on January 31st and began processing tax returns and issuing refunds. This means, tax season is in full swing, whether you’re a business owner or an individual, you’ll need to begin filing your tax return within the next 2 months. Although there are
Jan
29
Why Should Businesses Lease Equipment Instead of Buy?
Before we discuss the benefits of leasing, we should first make sure everyone understands how leasing works. The Financial Accounting Standards Board (FASB), a private organization charged with developing the rules for public accounting for the United States, defines a lease as “an agreement conveying the right to use property,
Dec
30
Restaurant Marketing Tips for the New Year
If you’re a small business owner running a restaurant, sometimes the last thing you feel like thinking about is your marketing plan. Especially if business is going well, customers are happy, and the kitchen is running smoothly. However, it may be time to dust off your current restaurant marketing plan
Dec
24
IRS to Roll Out New Program for Small Biz Tax Payers
The IRS is planning to roll out a new program that would help small businesses deal with audit disputes pertaining to their taxes. Read more to find out why this is helping small businesses in more ways than one. The IRS says they plan to roll out their new
