Finance
3 Ways Online Trading Can Be a Viable Source of Income
Apart from an expected surge of optimism in Scotland, business confidence in the UK has declined over the course of 2017’s first quarter. This is likely to be a long-term trend in the current climate,…
3 Times Small Business Factoring is Right for Your Company
The success of many businesses depends upon how well they can manage working capital. Good working capital management ensures that small businesses can meet their routine operational expenses and manage debt. At the same time,…
6 Moves You Should Make After Tax Season
Another tax season has passed us by once again. If you filed your return(s) on time this year and did not need to obtain a 6-month extension from the IRS, you are probably done with…
Tax Advantages: Reimbursing Employees for Education
Reimbursing employees for education expenses can both strengthen the capabilities of your staff and help you retain them. In addition, you and your employees may be able to save valuable tax dollars. But you have…
Going Into Consulting? Prepare for Scope Creep
Are you new to consulting? Planning to start soon? Beware of scope creep. It’s a real problem in a lot of professional services. I ran into it in my years of consulting related to high-end planning and…
The 411 on Online Lenders
Online business loans are a quick and relatively easy way to get funds. However, there are often risks, too, including very high interest rates and unrealistic repayment schedules that can affect business financial health. A…
Do You Owe Estimated Taxes on April 18?
We all know that April 18, 2017 is Tax Day this year—the day by which personal income tax returns must be postmarked and mailed or electronically filed with the IRS. However, many taxpayers forget that…
Company Savings: How to Find Deals on Business Equipment and Materials
Every dollar you save in business is one more dollar you don’t have to pay for. Earning revenue has a cost (sales, time, advertising, rebates, etc.) so being able to get the result of keeping…
Common Pitfalls When Seeking Financing for Your Small Business
Small business owners often seek working capital to help with business growth, refinance existing business debt, or to purchase/update technology or equipment. When you are seeking financing for your small business, there are things you…
Tax Rules for Bad Debts on a Balance Sheet
How do income tax rules treat bad debts? Facts: There are two provisions in the Income Tax Act (ITA) for bad debts. Discussion: The first way to claim a bad debt is covered in Section…