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Entrepreneurs may often be under the wrong impression that their business debt will disappear when the business is sold. In some cases, the debt is absorbed or is assumed by the buyer. But usually this is not the case. Knowing what happens to business debt when selling a business is a critical part Read More
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According to recent study on Business Credit for U.S. Subprime Borrowers: How Much Does it Matter for Entrepreneurial Success, microloans for minority business owners helped them grow their business. Read More
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As your startup or small business grows, its taxes will become more and more complicated. Most of us simply do not have the training or experience to make doing our own taxes worthwhile and would be better served to hire a professional to help us out. Read More
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Pretend that it’s 1996 and you’re a 32-year-old businessman who’s just discovered that the once mighty New York Islanders are up for sale. The price tag is $165 million. It’s been your dream ever since you were a boy to one day own a major sports franchise. Nothing says that you have made it in Ame Read More
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Q&A with Amy Friedrich, VP for the Principal Financial Group about the results of The Principal Financial Well-being IndexSM: Business Owners survey. Read More
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Financial literacy goes beyond knowing what goes on in the financial world, it's about understanding finance so that effective business decisions can be reached. Read More
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I think this thing called budgeting is a way how to discipline ourselves on how we should spend our hard earned money. Some people don’t really work hard for their money specially those people who can make money work for them but they still do need some sort of budgeting. Read More
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I have two posts from my Linkedin group that I am posting here. If you are a novice business owner would you like to learn the most important financial advice you should know. Charles has written a very short primer and gives the basics. Fast Read! Read More
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You don't need to register your small business as a “small business” in order to be considered one. As a business-savvy entrepreneur, it is a good idea to register through the Small Business Administration (SBA) as small business so that you can take advantage of government contracting opportunitie Read More
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Beware liquor stores: you will now face more taxes due to licensing taxes. Does this mean that conducting small businesses in the US has become harder these days? Read More
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