Unless your personal assets are quite formidable and your business idea disproportionally modest, chances are that you won’t be able to fund it out of your own pocket. Fortunately, you don’t really have to, seeing as how the vast majority of the business world does this via a loan. Now, speaking of …
Moneying Articles and Interviews (category)
Moneying articles focus on all aspects related to business finance, including budgeting, bookkeeping, pricing strategy, insurance, and more. Since you presumably went into business to make money, knowing how to manage it effectively will help keep you in business and move you toward the profitability you seek.
The Need For Professional Tax Planners For Small Business
TaxSlayer performed a Tax IQ survey for tax preparation attitudes and perceived tax preparation abilities by Americans, and some interesting results came out of it. 28% of individuals would rather go without a cell phone or car for a week instead of having to face the task of tax preparation. 53% …
5 Things First-time Entrepreneurs Need to Know About Startup Finances
In theory, a sustainable business is one that makes more money than it spends. The problem with this oversimplified view lies in the fact that it assumes that you start from zero. This is not the case with most startups that have to get in debt to even launch. Aside from this, the ways in which you …
5 Ways for Veterans to Fund a Startup Business
U.S. military veterans and reservists have developed personal attributes such as determination, adaptability, and a willingness to take calculated risks. They’ve learned and developed these attributes through study, hard work, implementation, and by experience. These attributes are also the …
The Future of Small Business Lending: 2018 and Beyond
According to the Thomson Reuters/PayNet Small Business Lending Index, small business lending is on the rise. In fact, in 2017 it rose by more than seven percent compared to 2016. But what does this mean? In the world of business, we often see a rise as a good thing, but in this case, it is far more …
What You Need to Know Before You Cosign a Loan
The desire to help others is very strong in a lot of people. This is particularly true when those others are family members. While it’s true one of the earliest lessons many of us get is family comes first; how far is that supposed to go? Should you really be expected to put your financial future on …
