Finance
The Real Cost of Loss Leaders: Can You Afford Them?
From time to time some companies lose money on projects through labor overages, material overages or mispricing a project. They have to work harder and more efficiently to make up for those losses. But how much harder and how much more efficiently?
5 Tips for Dealing with Lenders
Whether money is needed to fund a new project or to expand on an existing one, the same rules apply with respect to gaining the attention and generosity of lenders.
Are You Ready for the Upcoming IRS Business Tax Deadline?
On March 17, 2014, there is a significant business tax deadline that you can’t afford to miss. The deadline has been bumped up two days this year since the traditionally scheduled date falls on a Saturday.
5 Signs You Should Fire Your Biggest Client
Bagging the elephant is what many companies shoot for. Although these can be very profitable and present great growth opportunities, you must be careful not to put your business in a compromising and stressful situation.
Developing with Tax Incentives
There are numerous incentives and credits available, and taking time to learn more about these opportunities may be financially beneficial to you.
Where to Find the Most Angels to Fund Your Startup
Angels invest in people, more often than they invest in ideas. That means they need to know you, or someone they trust who does know you.
Cut Costs to Increase the Bottom Line
Making more money is the obvious way to increase your bottom line, but just as you try to save when spending your personal budget, you want to save when spending, as well.
Cut Your Taxes Using Your Excess Inventory
Excess, nonmoving inventory is a common business problem that, fortunately, also contains its own solution. By donating that new, idle merchandise to charity, your business can earn a federal income tax deduction.
Don’t Count Out the Home Office Deduction
You may not know this, but you could have a home office on your hands and could be missing out on a major tax break if you ignore this deduction. So how do you know if you actually have a home office, and what can you do with it once you’ve established you have one?
What to Do When Customers Don’t Pay
A few weeks ago, I received an email from a frantic new business owner. One of his clients—a very large company—had an outstanding invoice that was 90 days past due. Concerned and cash-strapped, he wanted to know what he should do.
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