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7 Financial Facts Every Entrepreneur Should Know

You don’t have to be CPA or MBA to start or run a business. You don’t have to understand debits and credits, or be able to balance your books. But there are some financial facts…

Do You Know the Difference Between an Investment and an Expense?

What’s the difference between an investment and an expense? The difference is simple: one will start paying you back, and the other is a drain on your resources. A Bottom-Line Distinction Viewing all spending as…

Mark Your Calendar: New Deadlines for IRS Business Taxes

We all know April 15 has been the traditional American Tax Day for generations. Some business taxes have also commonly been due by this day. However, Congress recently announced that the IRS will change several…

3 Top Myths Surrounding Product Discounts

While you don’t want to go reducing prices at random, every now and then the payoff can be huge. Each customer has a set price they are willing to pay for your product. Unfortunately, it’s…

Cash Flow: The Pulse of Your Business

Cash flow is the lifeblood of any small business. Some business experts even say that a healthy cash flow is more important than your business’s ability to deliver its goods and services! While that might…

5 Tips for Finding the Best Loan for Your Business

There is a big difference between finding any business loan and the right business loan. If you a need a loan, you need to make sure you find the best product and price available to…

Preventing Tax Problems When Employees Travel

Sending employees on business trips is essential for countless companies and can result in tax headaches for both the employer and the employee if the tax regulations are not adhered to. If the rules are…

A Recipe for Tax Savings: Deductions for Caterers

Do you make amazing lasagna? Can you craft a tasty chicken pot pie? Whatever you specialize in when it comes to culinary creations, there’s a good chance you are spending plenty of money on your…

6 Easy Ways to Increase Your Business Credit Score

Maintaining a high personal credit score is something we all strive for. But in the small business world, it’s just as important to keep your company’s credit score as high as possible. Business credit bureaus…

Where to Go When the Bank Says No

A recent study by the Federal Reserve Bank of New York found 90 percent of small businesses have had their loan request rejected by their bank in the past year. It’s an extraordinary—and alarming—number given…

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