If you spent all of 2011 running a business without registering it with your state, 2012 is the year to change that. If you have ever applied for a patent you know that the process is long, frustrating, and expensive but registering your business is easy, painless, and necessary. The most important reason may be [...]
Investing business profits is by far the most sensible thing for any business which has established itself and is turning over a substantial amount of money. By investing profits rather than withdrawing them from the business it will enable you to grow at a steady rate and enjoy greater profits in the long run. Investing [...]
If you are a small business owner struggling with loan payments, there are a few cost cutting options that can help. Even though the interest you pay on a business loan is tax deductible, the payment amount can still be financially draining. The following are some ideas to cut business spending so you can pay [...]
So you want to start a business but cannot come up with any money? I do not know your business idea, but I do have a few ideas for funding that may or may not be appropriate for the business you want to start. Personally, I would look for internal sources first because you really [...]
Large and small businesses alike borrow money for a lot of things. Some borrow for equipment. Some borrow for new plants. Some just borrow to fund their accounts receivable. Borrowing has been very tough lately for all businesses but at least interest rates are low. For the most part, the Federal Reserve Bank sets interest [...]
I would like to make this really simple but I don’t think I can… Treasury rates went down this week, and the value of existing Treasury Bonds went up. Why the heck would they do that? They had been going down, waited a while, and went down some more. Ok, my opinion generally goes something [...]
This question comes from my favorite search query of the past week. Somebody arrived at my blog using this question. So what does gold have to do with the national debt? In a word, nothing. National debt has to do with dollars owed to creditors. Creditors being you and me perhaps, if you own savings [...]
Guest post by: Robert Branch In order to stay competitive in the retail space, every small business needs to stay on top of ways to make their customers happy. One method to consider is making the payment process as quick and simple as possible by accepting credit cards. A few other options to consider are [...]
What would a successful business look like to you? Would it be profitable every year, and every month? What if I told you that you can have a profitable business that is short on cash? Here is a good example of what it is like to have a cash flow crisis: You take a job [...]
I would like to share with you a little experience I just had last night. I received a notice from the IRS that I had filed my 1120 but they had not received payment, and now they wanted payment plus penalties and interest. Now I had paid my 1120 payment via EFTPS, because you can’t [...]