Finance
Don’t Forget Grants If You Need Early Seed Money
In the US, many entrepreneurs see grants as “free money,” since they are not loans and don’t have to be repaid. A grant is not an equity investment, so the entrepreneur doesn’t have to give up a stake in the company either. Typically they can be used to fund product development and commercialization that would otherwise require outside investors.
R&D Tax Credit Can Now Be Claimed on Amended Returns
With so many rules and regulations in the small business landscape, entrepreneurs across the nation are rejoicing over some much welcome news from the IRS and the U.S. Treasury Department that could help save them a ton of money.
5 Ways Credit Cards Can Accelerate Your Small Business
Hesitant about accepting credit cards? Don’t be. They’re a fabulous way to boost your sales and grow your business. Here are 5 reasons you should consider accepting credit and debit card payments from your customers.
How to Win a Prospect in the B2B Price War
We invariably talk about the cost or price of a product or service that we are either buying or selling. However, when we are ‘on our game,’ B2B we’ll use the word investment or introduce the idea of value.
Trusting Your Finance Provider: Viable Merchant Cash Advances vs. Scams
There are more ways for merchants to secure money for their businesses than ever before. It wasn’t long ago that a merchant either borrowed money from a bank or asked their father-in-law for a helping hand.
Do You Owe the IRS Estimated Taxes Next Week?
Even though summer is here, that doesn’t mean you can take a vacation from handling your IRS tax obligations. There is an important tax deadline coming up next week for small business owners and self-employed professionals. Are you ready for it?
The Correct Answer to “How Will You Use My Money?”
Entrepreneurs looking for investor funding often fail to realize that all money comes with strings. For example, if you have watched the Shark Tank TV series, you probably noticed that the Sharks always ask the entrepreneurs for their intended “use of funds.”
Personal Credit Card Alternatives for Nonprofits
If you run the finances for a nonprofit organization, chances are you have questions about expense management. While there isn’t an expense management bible specifically for nonprofits, there is a lot of good advice on the internet—the trick is sorting through the muck to find the gems.
When Buyers Behave Irrationally
Being known for consistently high quality increases the desire buyers have for your offerings as well as the premium they’re willing to pay.
Financing Short Term Assets
One problem I see all the time is businesses financing their short-term assets improperly, which greatly increases the risk to the firm and can potentially even cause it to fail. This is a serious issue, but it can be remedied by choosing an alternative financing method.