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Category Archives: Finance & Accounting

Finance & Accounting, Taxes

A Guide to Section 179 for Small Business Owners

It’s never too early to focus on upcoming taxes. Naturally, small businesses want to maximize their deductions to minimize taxes. However, they might not be aware of a certain tax code that benefits them: Section 179. According to a survey conducted by the National Federation of Independent Business (NFIB), only 65 percent of small business… Read more

Finance & Accounting, Small Business Loans

Which Business Loan Is Right for Your Small Business?

Too many American business owners don’t have the capital they need to grow because they fear lenders will deny their credit applications. Even when facing financial difficulties, most businesses shy away from debt. A 2016 survey by the Federal Reserve bank, reported that 76 percent of businesses used their own funds to overcome financial challenges…. Read more

Finance & Accounting, Retail & Inventory, Small Business Loans

An Overview of Retail Loans

The phrase “retail loans” refers to loans obtained from retail lenders. However, in some cases, the phrase can also apply to loans taken out by retailers. To shed some light on the similarities and differences between these two definitions, here is an overview and a look at some related concepts: What are retail lenders? Retail… Read more

Finance & Accounting, Financial Management

What You Need to Know About Rebuilding After a Natural Disaster

It can be tough to rebuild after a natural disaster. In fact, 40 percent of small businesses don’t reopen their doors after disasters, according to the Federal Emergency Management Agency (FEMA). With both hurricanes Harvey and Irma, many small businesses have been negatively affected. If you’re one of those small businesses, here are some tips… Read more

Construction, Finance & Accounting, Financial Management

8 Tips for Working With First Responders During Natural Disasters

Water. Water everywhere. It’s one of the most insidious sources of damage to houses, as hurricane victims are learning. But water damage also is inherent in extinguishing fire…and everyday mishaps can plunge homeowners into the deep end, too. Water damage mitigation specialists are up to their necks these days in work. Once their work is… Read more

Finance & Accounting

How to Use A Sense of Community To Access Better Business Funding

Sometimes it takes a whole village to run a business, and you probably feel like some days you need a dollar from every villager to keep it going! Accessing better business funding isn’t just a case of stringent research and business plans, though those do help; it (literally) pays off to get involved in the… Read more

Construction, Finance & Accounting, Minority Businesses, Professional Services, Restaurant & Bars, Retail & Inventory, Taxes, Transportation & Trucking

Quarterly Tax Tip Sheet for Self-Employed Entrepreneurs

No matter the business, quarterly taxes are important to keep up with to avoid potential fines. The Wall St. Journal reported in August that the IRS has found a 40 percent increase in the number of Americans who didn’t pay enough in estimated quarterly taxes, between 2010 and 2015. That can affect you and your… Read more

Finance & Accounting, Invoicing

Do Your Invoicing Methods Affect Your Cash Flow?

In many industries, small business owners and freelancers rely on invoicing to get paid. If your invoicing process has holes, that can negatively affect your cash flow, and you should learn effective invoice strategies to improve your cash flow. Businesses live and die by cash flow— if you don’t have enough cash on hand, you… Read more

Cash Flow, Finance & Accounting, Financial Management, Professional Services, Sales

6 Tips for Managing Business Expenses When You Work on Contract

If your small business relies on contract work, you probably experience some of the same revenue spikes and dips that seasonal businesses do. However, it’s even harder to manage expenses with certain kinds of contract work. Contract businesses can’t always count on increased revenue during a certain time of year like a seasonable business can…. Read more

Financial Management

3 Steps to A Branding Story That Will Get You Funded

You already know how valuable and awesome your company is. But if you want to want to get funded, you need to convince your investors of how valuable and awesome you are. The best way to convince them? By telling them a great story. Companies that get funded are ones that tell the best stories…. Read more