• What are the CD rates paying at BOA?

    What are the 6 month CD rates paying at Bank of America.  Thinking of opening up one.
    lendinero
    last modified by lendinero
  • Raising Capital: How Small Businesses Can Tap into Funding

    Time Magazine named TruTouch one of 2006’s best inventions. The device, which tests a drivers’ alcohol levels with much faster technology than breathalyzers, won a government grant that allowed the company...
    Steve Strauss
    last modified by Steve Strauss
  • 5 Financial Tips for the Side Hustler

    I have a pal whose side hustle crashed.   He decided to become a driver for Lyft. Problem was, his car was 10-years old and that won’t work for companies like Lyft and Uber. Undeterred, he spoke with his c...
    Steve Strauss
    last modified by Steve Strauss
  • The 8 Financial Resolutions Your Small Business Should Adopt Now

    Money is the lifeblood of your business and the measure of its success. What’s the best way to keep it flowing? Here are eight financial resolutions for your business to consider:   Resolution 1: “I ...
    Rieva Lesonsky
    last modified by Rieva Lesonsky
  • The 10 Steps You Should Take to Prepare for an Economic Downturn

    Is the U.S. headed for another recession? Two-thirds of America’s business economists project a downturn by the end of 2020, according to a survey reported by Bloomberg—and 10 percent believe it will start...
    Rieva Lesonsky
    last modified by Rieva Lesonsky
  • How come you don't have a year to end profit to loss statement?

    Working in alternative lending, I have found that most small businesses don't run month to month profit to loss statements. This is insane.  If you don't know what happens month to month with your financial activ...
    lendinero
    last modified by lendinero
  • Why You Should Examine Accounting Records Before the New Year Begins

    Before 2018 ends, it is good idea to complete an overview of your business achievements. The best analysis of progress is to scrutinize your accounting records. As Kevin O’Leary from TV’s Shark Tank says, ...
    Ebong Eka
    last modified by Ebong Eka
  • Small Business Q&A: Alternate Ways to Fund a Business

    Q: Might you be able to suggest any other ways to finance a business, other than the usual suspects like loans, crowdfunding, credit cards, and the like?   A. You bet I can. In my book, Get Your Business Funded,...
    Steve Strauss
    last modified by Steve Strauss
  • The Entrepreneur’s Dilemma: Should You Maximize Cash or Equity?

    As an entrepreneur, you will probably face a handful of major consistent dilemmas, but one of the most persistent and complex is the way you approach the value of your business. This boils down to a struggle between r...
    Carol Roth
    last modified by Carol Roth
  • What Happens to an Inventory Account When Materials Are Bought, Requisitioned, Manufactured, used in jobs or Sold?

    If your company is a construction, distributor or manufacturing business using accounting software and are seeking information to help understand how it should work within the software system or if you are new to thes...
    4Accounting
    last modified by 4Accounting
  • 3 Big Problems Small Business Owners Struggle With, Part 1: How to Fix Cash Flow Issues

    Is your small business raking in the big bucks on paper—while you struggle to pay your bills on time because your bank account is constantly running low? Cash flow problems are one of the biggest challenges smal...
    Rieva Lesonsky
    last modified by Rieva Lesonsky
  • Money Matters: The Smart Way to Cut Overhead

    April is Financial Literacy Month and for the small business owner, that is an especially important topic because, frankly, many entrepreneurs are not especially financially literate. Why is that? Generally, the skill...
    Steve Strauss
    last modified by Steve Strauss
  • Why Cash Flow Can Be An Important Factor for Small Business Success

    When managing a small business, owners will say cash is king. Or, as Zeynep Ilgaz will tell you, “cash is queen.”   Ilgaz, founder and CEO of Confirm Biosciences, Inc., started her business, as many ...
    Karen Harrison
    last modified by Karen Harrison
  • Outsourcing payroll. Is it right for your small business?

    If you find that processing payroll is becoming an increasingly burdensome task, it may be time to turn to one of the many payroll firms eager to do it for you By Christopher Freeburn One of the greatest burdens fa...
    SBC Team
    created by SBC Team
  • I am a sole proprietor of an s Corp

    I am a single owner for my s corp and I pay people that work with me with a 1099. I use different people all the time so I don’t really have employees . My question is, last year the accountant just took te bott...
    s2c
    last modified by s2c
  • Five Year-End Tax Strategies for Small Businesses

    As the end of 2017 nears, small business owners should consider strategies to maximize tax savings while increasing cash flow. Used wisely, these five tax strategies will help small business owners save on taxes, mini...
    Ebong Eka
    last modified by Ebong Eka
  • 4 Ways to Still Hit Year-end Revenue Goals

    So here it is the end of the year and despite your best efforts, you haven’t quite hit your revenue goals. What do you do?   a) Panic or b) Give up?   How about we go with c) None of the above.  ...
    Steve Strauss
    last modified by Steve Strauss
  • The Top Four Tax Breaks for Veteran-Owned Small Businesses

    Over 2.4 million small businesses are owned by military veterans, according to the Small Business Administration. In fact, a recent SBA study found military service has a significant impact on self-employment: Veteran...
    Ebong Eka
    last modified by Ebong Eka
  • How do I pay my small business’s bills?  Part 1: Checks

    In this three-part series, we describe the primary methods a small business can use to pay its bills and examine the advantages and disadvantages of each Part I: Checks By Christopher Freeburn Paying the bills does...
    SBC Team
    created by SBC Team
  • Constructive receipt and retirement contributions

    I am a sole proprietor and my question relates to my i401k contributions.  Specifically, my question has to do with i401k salary deferrals and cash basis accounting "constructive receipt".  I have a custom p...
    cgr
    last modified by cgr