Credit card debt can become the biggest financial liability that may spoil an individual’s life and peace. What was meant to serve as a convenience and as a substitute for cash, has now become an instrument for debt.
An unsecured business loan is a loan that is granted without requiring submission of any collateral against which the loan will be cleared.
I recently attended Financial Planning Associates (FPA) 2010 Annual Symposium & Sponsor Expo in Charlotte, NC. I attend the FPA Symposium each year simply to keep up with my continuing education credits.
Small businesses do not have a large asset base or access to unlimited funds. Most often, small businesses establish credit by getting a business credit card, which provides a specific amount of credit that can be used for purchases and operational expenses.
Many facets of your identity are represented by numbers; numbers which reveal a wealth of information about your conduct and state of affairs, past and present.
During my 2nd quarter SRI Business Retreat meeting recently, I talked with forty-six business owners about history. I used as an example the fine economists who also play the role of historian by reporting our economic situation on a monthly basis.
Small businesses are often individually owned startups which face tremendous difficulty in procuring loans due to lack of sufficient collateral, credit record and established sources of income.
Bankruptcy is the outcome of an individual or organization running out of funds, and being unable to make payments for products and services purchased.
Capital is the first requirement for any business to start. Therefore raising capital becomes the first and most important activity once the business plan is in place.
When it comes to taking deductions, most business owners know very well the expenses that the Internal Revenue Service considers “ordinary and necessary” for business.
The recession has hit businesses hard, but the good news is franchising is showing some promising signs of recovery.
While peace of mind may be reason alone for outsourcing payroll, below are additional reasons why outsourcing payroll services may be a great solution for your small business:
Under the recently enacted HIRE Act, the following benefits are derived from hiring previously unemployed workers:
You may have been having some difficulty procuring a business loan for your start up. In difficult economic times this happens frequently.
This is a brief article for people who are working for themselves who have clients that are unable or unwilling to pay for your work.
While a great idea, a needed service or product, and a known area for marketing are all very important, let’s face it…getting funding for your business is critical. Most businesses will start up with investments made by the owner, but often, that will not be enough to insure success.