Finance
The Volcker Rule: Big Banks and Small Business Lending
Will the Volcker Rule end up having a significant impact on small business lending? Only time will tell. If you’re a little confused about the rule and the role it’s going to play in the small business sector, you’re not alone.
Avoiding Business Bankruptcy: The Do’s and Don’ts to Merging Business and Personal Finances
It can be all too easy for a business owner to unintentionally mix their personal and business finances. Here is a closer glimpse at some of the do’s and don’ts when it comes to handling multiple financial accounts.
The Real Costs of Accepting Credit Cards
While accepting credit cards helps your business bring in more revenue, it does come with a cost. Don’t be shocked to find out after you start working with a merchant card processor that there are hidden fees.
Finance Resources for Nonprofit Organizations
It can be tricky managing the finances for a nonprofit organization. Keeping track of invoices, reimbursements, and petty cash seem like minor issues but they can quickly spiral out of control unless proper controls and policies are put into place.
5 Tips for Saving Money That You Haven’t Tried Yet
Small savings can often lead to large differences in the bottom line of any business, which is why so many business owners consistently look for creative ways to save money.
Both Sides Must Be Fair in a Term Sheet Negotiation
After being an active angel investor for about fifteen years, I realized that many of the discussions I was involved in were virtually identical to ones I’d had many times before.
Revenues and Profits Are Not the Same
You can’t assume an increase in revenues leads to increased profits. Sometimes an increase in revenues has no effect or a negative effect on profits.
Attacks on Small Businesses That Receive Too Much in Credit Cards
The IRS has been pushing for many years to capture cash income of small businesses and force him to pay taxes. That is one of the reasons that the IRS is requiring credit card merchant service companies to report a 1099-K for businesses to the IRS.
Event Planning Finance Tips
The initial stages of planning an event can be daunting. People may have a great time attending your event, but operating at a loss puts the event, if not the company, at risk.
What to Do Before Applying for a Business Loan
A critical stage in the small business loan application process happens before you even begin filling out an application form. There is much advance preparation to be done.
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