There are certain businesses mainstream lenders do not want to be associated with—and some of those industries would surprise you. Being in one of these “forbidden industries” can add another challenge to finding funding, and make some forms of funding impossible.
Finding funding for your business is a long, involved process, but there are common “red flags” that underwriters monitor that impact your search. Here are some of the most common red flags underwriters will be looking for.
Your business’s credit score is based on the same principles as your personal score. But there are scenarios where your credit score may not accurately reflect your business’s financial stability. If you feel that is the case, here are some steps you can take to improve your score.
If you conclude that your business needs more capital to sustain operations and fuel future growth, you have a wide range of options. There are traditional bank loans, but there are also many alternatives with different costs, terms, impacts on your credit rating, and application processes.
Small businesses looking to expand are often looking for investors—but don’t know what they should do to make themselves more attractive to those investors. To make your business more investor friendly, follow these 3 key steps.
We all get stressed out around tax time. There are so many complicated, intertwined rules and regulations that it’s easy to get tripped up, especially when your focus is on building a business. here are 10 tips to maintain a sane approach to taxes.
Do you know what to do if the IRS decides to audit you or your business? If you’re prepared and know what to expect, things will go more smoothly. There are important things you can do starting during your regular filing all the way through your official report.
Your financial statements offer many benefits to your business. Practically speaking, they help you file your tax returns, find additional funding, or draw in buyers and investors. But they also help you run your business by translating your decisions into dollars and cents.
You know that there are a lot of deductions you could claim for your business, but are you doing what you can to claim all of the deductions you are eligible for? Many tax deductions are commonly overlooked by small business owners, but they can save you a lot of money.
Depending on how many credit card transactions your business processes every year, you are subject to different levels of certification from the Payment Card Industry, or PCI. Compliance is achieved and maintained through important security measures.