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How to Manage and Pay Tipped Employees in Restaurants

In the restaurant industry, tips are more than something you’d associate with a homespun tip jar by the cash register—they’re a primary source of income for tipped employees. The catch is tips are also taxable…

6 Reasons You Might Want to Get a Business Loan

The mythical American should be able to start a business purely through a combination of working hard, having the right attitude, and pulling up their bootstraps. Chances are, however, real-world business owners are going to…

How to Finance Your Franchise

Congratulations! You’ve given it tremendous thought and made the life-changing decision to buy a franchise. You’re excited, but now you need to figure out how you’re going to pay the franchise fees and initial start-up…

Savings in the Fast Lane: Tax Tips for Uber Drivers

Are you one of the millions of Americans using a personal vehicle to make money as an Uber driver? It has become easy to earn some extra cash on the side—or even with full-time hours—working…

10 Things Angel Investors Ask About Startups

Recently the angel investment group I’m a member of (Willamette Angel Conference) finished our eighth year of choosing a startup to invest in. Our investment runs $100K to $500K, roughly. It’s announced every year on the…

6 Places to Find the Right Investor for Your Startup

One of the biggest myths I have found in the entrepreneur community is that every startup needs one or more outside investors for credibility and success, and perhaps is even entitled to at least one….

Everything You Need to Know About Expense Reimbursement

Travel, dining, mileage, office supplies and other costs that employees incur as part of their jobs are all considered business expenses. That seems straightforward enough. What’s not so clear-cut is the process of reimbursing business…

7 Questions to Ask Your Lender

There are many moving parts when it comes to securing a small business loan, so there are naturally many things that you will need to ask your lender upon completing your application. You are going…

Pricing Strategy Guide: Service Businesses

Developing a pricing strategy may not be a science, but sometimes it can feel about as difficult as performing brain surgery or engineering rocket ships! Service businesses are at particularly high risk of pricing confusion. It’s…

Why Banks Deny Small Business Loans

There are many reasons why banks deny an applicant’s small business loan request. Unfortunately, this happens too often, even when the business idea is a great one. Why does this happen? Why is it so…

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