According to the National Small Business Association, the economic growth of small businesses benefits substantially with access to small business financing. Small business loans are also key to purchasing inventory, equipment, and real estate; getting a start-up off...
small business
Small Businesses Should Avoid These Common Startup Mistakes
Nearly every entrepreneur will make mistakes when starting a business. Some mistakes are minor and can be chalked up to learning curves and trial-and-error, but some mistakes could have a long-term effect on your business. Here are some common startup mistakes to avoid when starting your small business. Skimping on planning Without a solid foundation […]
Sources of Funding for Your Small Business Idea
The necessary financing needed to support the initial growth of your small business can be challenging to secure, and while it makes the most sense to diversify your sources for capital, you first need to know where to look. Below is an overview of some different funding options available to small business startups. SBA Loans […]
How the New Tax Laws Affect Small Businesses
As a small business, you may always feel anxious around tax time, wondering if you paid your estimated taxes correctly, unsure if you will owe or receive a refund this year. With the passage of the Tax Cuts and Jobs Act, this tax season may seem even more uncertain as to how your bottom line […]
How Section 179 Can Save Your Small Business Big Money
If you own a small business, you understand the value of being smart with your finances, particularly when it comes to searching for qualifying tax breaks. If you’re not familiar with Section 179 of the tax code, then you could be missing out on some major benefits for your business. Section 179 essentially allows businesses […]
Will the Tax Cuts and Jobs Act Affect Your Business?
There has been much discussion around how the new tax laws will affect individual taxpayers and families of all income levels, but what about small businesses, startups and corporations? Individual taxpayers will see a decrease in their income tax rate, a doubling of the standard deduction, a reduction of itemized deductions and changes to elder […]
How to Fund Your Small Business in 5 Steps
Everyone has a talent or an idea they think might be worthy of creating into a business. Some individuals have always had the entrepreneurial spirit, and others are simply looking for ways to get out of the corporate grind and make money doing so. Whether you’re a millennial looking to fund your first startup, or […]
