Financial advice for small business owners and entrepreneurs. Learn how to fund your business, manage expenses, build business credit, and navigate taxes. Get tools to grow and scale smarter.
As you sit in your office (or cube), you may begin to ponder what it would be like to work for yourself. The benefits of self employment run deep, however, working for yourself is not all fun and games. There are many details to consider, including those associated with your financial situation. As you consider … Read more
To some, the idea of being self employed is just about as good as it gets. These people are tired of reporting to others and are looking for freedom within their career. While the benefits of self employment run deep, you don’t want to move forward just yet. Instead, it is important to realize what … Read more
Self-employment can be risky, especially from a financial standpoint. Managing your money is especially important given the potential ups and downs that come with being your own boss. Being smart with your money is critical to longevity in your career as an entrepreneur. Build a substantial safety net before taking the leap. If you’re still … Read more
Self-employment is a dream for many workers, and now maybe even more than ever after public disillusionment with the job market. A quick online search for self-employment will lead to endless work-at-home opportunities. But for the vast majority of these offers, the advertiser has indeed found a way to make thousands or even millions of … Read more
If you’re a small business owner and are having a tough time meeting business expenses during this difficult economy, you may consider looking into a Small Business Administration (SBA) loan program designed just for you. Under the America’s Recovery Capital (ARC) loan program, small business owners may receive up to $35,000 in short-term relief. The … Read more
Writing a business plan is a crucial step to your business’ development. A well thought-out business plan defines your business, outlines your strategy for the growth of your business, expenses and income expectations, marketing strategies. It helps you allocate resources properly, handle unforeseen complications, and make good business decisions. And a realistic business plan is … Read more
The self-employed person generally enjoys the freedom and flexibility that comes with being their own boss. We prefer to make our own rules, make our own schedule, and make our own money. And with that freedom and flexibility that self-employment offers, we also have a few choices in how to go about planning for retirement … Read more
At the request of the Federal Trade Commission (FTC), a federal court imposed a judgement of $18.9 million against operators of an internet business opportunity scam. The federal court found the scam operators violated the FTC Act and the agency’s Franchise Rule by duping hundreds of consumers into buying “Internet kiosk” business opportunities while promising … Read more
Liens A lien is basically a claim, or a debt, against a piece of property, also sometimes called a “security interest.” The claim typically belongs to a business or individual who is owed money related to that property. The lien may be consensual, as in the case of financing a car through a lender. Or, … Read more
Choosing your business name can be fun, but it’s one of the most important choices you’ll have to make. Many other business decisions can be adjusted later on down the road if they’re not working, but it can be difficult to successfully change the name of your business. As your business grows and you develop … Read more
