All Entries in the "BizFinance" Category
10 Small Business Predictions for 2012
Technology shapes how small businesses survive and thrive, and 2012 will see record numbers of small businesses harness the power of technology and especially new online productivity tools to grow their businesses. Jerry Nettuno, founder and CEO of Schedulicity, which is one of those online tools, shares his small business predictions for 2012: 1. Daily [...]
How Business Owners can Fight Rising Fraud
“Back office” and other types of financial fraud are rising at U.S. companies, and are hitting small businesses especially hard. Fraud experts point to the lingering effects of recession, cutbacks that have eliminated financial checks and balances at many businesses, and simple complacency as key reasons. According to Joseph Wells, a CPA and founder of [...]
A Financial Statement Cheat Sheet for Business Owners
Most small business owners and startup entrepreneurs never had a formal course in business finance, and earned their “MBA” at the School of Hard Knocks. If that’s you, here’s a “cheat sheet” to help understand the three basic financial statement flavors: Balance sheets, income statements and cash flow statements. I agree – it’s not a sexy [...]
4 New Small Business Tax Surprises
Here are two words small business owners seldom like to see together: “taxes” and “surprise!” Trying to cope with overwhelming complex tax laws is hard enough without the occasional grenade the IRS tosses across the moat. But BizBest figures you’d rather know now, before getting a notice in the mail. Here, then, are tips on [...]
How to Get a Small Business Loan without a Bank
Unless you carry gold-encrusted financial credentials, many banks and credit card companies no longer want you as a credit customer. But that’s okay, since many credit-worthy (as well as credit-challenged) customers are turning to online “peer-to-peer” (P2P, or person-to-person) loan sources, and are proving they no longer need a bank. Web-based P2P lending is booming. [...]
Beware New Small Business Credit Score System
Without warning, millions of small business owners seeking loans or other credit from banks, vendors, corporations, finance companies and trade creditors will now be subjected to a new automated business credit scoring system that aims to reduce lender risk and eliminate manual reviews of small business loan applications. The new small business credit scoring system [...]
How to Get a Small Business Line of Credit
If you’ve had trouble getting a small business loan or other types of bank credit or financing for your business or startup, here’s something that might work: Apply for an unsecured small business line of credit. Start small – basically with whatever size line a lender is willing to provide. The important thing is to [...]
Bonus Depreciation Tax Breaks Make 2011 a Year to Buy
If you are thinking of buying new vehicles, equipment, machinery, phones, computers or other technology for your business, 2011 could be the year to do it. That’s because not one, but two laws passed late last year have greatly increased the amount of your immediate tax write-off for making such purchases. The so-called Section 179 [...]
An Insurance Pricing Secret You Should Know
A credit-based insurance score could cost or save you money. Ever heard of it? In short, it’s a special score that an insurance company gives you or your business based on information it digs up in your credit file that determines what premium you’ll pay and in some cases whether you get the insurance at all. Credit [...]
Why You Should Join Startup America Partnership
The Startup America Partnership is new and largely unknown, but this independent, private-sector coalition of corporate tech titans, advisors, financing firms, mentors and sundry service providers won’t be undiscovered for long. Any business owner or entrepreneur – from startup (newly created), to rampup (initial growth stage), to speedup (going like gang busters) – should be [...]
- Marketer vs Marketing What Difference Does a Keyword Make February 22, 2012
- Easy Ways to Go Green With Your Home Business and Save Money February 22, 2012
- How Many Social Media Crises Will It Take Before You Prepare For Yours? February 22, 2012
