Finance
Don’t Ignore This 12-Step Program to Good Credit Management
Cash flow is the life blood of all businesses and having too much working capital tied up in late and non-paying customers can spell disaster for a new small business. According to a U.S. bank…
Tax on Holiday Bonus
A large number of companies provide their employees with holiday bonus or end of the year bonus. In fact, a study states that about 80% of the companies do this. It always feels good when…
Take These 4 Steps to Secure Your Small Business Loan the Right Way
Everyone needs capital to turn a great business idea into reality, and most startups secure their first outside financing by talking to friends or family. But at a certain level, your small, growing business needs…
Yes, Even Car Color Matters When Evaluating Vehicle Depreciation Costs
The management of fleet vehicles is inherently costly, but the biggest fleet expense is by far the depreciation of vehicles, followed by fuel costs. Depreciation will be dependent on your business vehicles age, mileage, vehicle…
What to Do if You Missed the Tax Deadline
So you missed your federal tax filing deadline. Maybe you had a good reason, a personal or family emergency for example. Or maybe you just plain forgot. Whatever the reason for failing to meet the…
Top 6 Mobile Accounting Apps for Small Business
If you’re a small business owner these days, chances are you’re always on the go. There’s no use waiting until you get back the office to manage your finances. Why not take your business with…
Real Estate Expenses During Pre-Acquisition
There are various real estate expenditures that are deductible to the corporation and others that are capitalized or allocated to inventory. In this FAQ, we will discuss the real estate expenses that are deductible during…
Avoid Competitor Bashing in Your Pitch to Investors
Don’t bash the competition. Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace. How an entrepreneur answers this question speaks volumes about their…
Subject of a Business Tax Investigation? Here’s What You Should Do
In terms of situations you’d rather not find yourself in, being the subject of a small business tax investigation probably ranks quite high. The first you’ll usually know of an impending tax investigation is a…
Why It Is Important to Keep an Eye on Your Cash Flow
If profits are up and the projections look good for the next month or two, should you kick back and relax? Maybe not. No matter how positive other signs may be, if you’re not keeping…
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