Why you should avoid "merchant cash advances"

Avatar Posted by ArmadaIG under Raising Capital
From http://www.businessweek.com 6037 days ago
Made Hot by: on May 20, 2008 7:49 pm
While most financial-services firms are floundering, those that specialize in so-called merchant cash advances are thriving. That's a mixed blessing for small business owners who increasingly are turning to these sources for quick cash: Their money can come with a high price tag. Read More

Hefty Tax Breaks Designed to Spur Business Spending

Avatar Posted by morecowbell under Taxes
From http://www.kiplinger.com 6041 days ago
Made Hot by: on May 18, 2008 8:37 pm
Businesses are big winners in the economic stimulus package signed into law earlier this year. They may not be getting rebate checks, but they are getting showered with $45 billion in tax breaks designed to spur them on to purchase more equipment, cars and other assets sooner rather than later. Congress boosted the limit on first-year expensin Read More

Banks are seeing more small-business loans go sour

Avatar Posted by TimJustus under Raising Capital
From http://online.wsj.com 6042 days ago
Made Hot by: on May 16, 2008 5:33 pm
The turbulent economy is exposing yet another type of credit where bankers let their guard down: small-business loans. Missed payments and losses on small-business loans are surging at banks throughout the country that were so eager to pad their profits that they essentially threw typical underwriting methods out the window. Some lenders doled Read More

Small Business Bankruptcies on the Rise

Avatar Posted by suzyQ under Finance
From http://www.businessweek.com 6045 days ago
Made Hot by: on May 14, 2008 4:15 am
Be wary if some of your clients are getting slow on payments. More businesses filed for bankruptcy in April, 2008, than in any month since new bankruptcy laws took effect in 2005, according to a company that tracks federal court filings. The numbers show a 49% increase in commercial bankruptcies over last year, with an average of 235 daily fil Read More

Let's Talk about Cash Flow

Avatar Posted by ArmadaIG under Finance
From http://www.allbusiness.com 6048 days ago
Made Hot by: on May 12, 2008 8:49 pm
Every small business owner should understand the inter-relationship between revenues, assets, and cash flow. The saying, “cash is king” means everything to a successful business owner and can often make the difference between a business thriving or dying. Read More

Small-business owners find funding in nooks, crannies

Avatar Posted by ArmadaIG under Raising Capital
From http://www.chron.com 6050 days ago
Made Hot by: on May 8, 2008 10:17 pm
These days, small-business owners like Metzger have to be creative about getting the money to start and expand their companies. Many are turning to nontraditional sources, such as credit unions. Increasing numbers are going to online lending sites that cut out the traditional bank middleman and to factoring companies, which buy companies' future Read More

Key Characteristics of Successful Franchise Owners

Avatar Posted by kellis under Franchises
From http://www.bison.com 6056 days ago
Made Hot by: on May 1, 2008 1:43 am
The thought of being your own boss can sound pretty wonderful to someone tired of working 50 to 60 hours a week to make money for some impersonal corporation. And there is probably no better way to be self-employed than by buying a franchise and taking advantage of all that franchising has to offer: a tried and proven business model, initial and c Read More

Learning financial literacy

Avatar Posted by JulieR under Finance
From http://features.us.reuters.com 6058 days ago
Made Hot by: on April 30, 2008 12:47 pm
The financial services companies would like you to know that April is Financial Literacy Month. What are you reading? Read More

Why Loan Scams Are Increasing

Avatar Posted by Becky under Finance
From http://www.businessweek.com 6065 days ago
Made Hot by: on April 22, 2008 5:48 pm
Scammers are taking advantage of the credit crunch to entice small business owners with fake loans. Here's how to identify the warning signs. Read More

The great inflation cover-up

Avatar Posted by ArmadaIG under Finance
From http://money.cnn.com 6065 days ago
Made Hot by: on April 22, 2008 1:54 pm
Why is 91% of the population worried about inflation while the fed assures us that everything is under control? There are several possibilities: The first is that we're all paranoid. We simply need reassurance from the authorities: Inflation rates are fine, nothing to see here, move along quietly. The second is that the Fed's insistence on f Read More
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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!