Brought to you by Business Energy Comparison: Have your business expenses become so high that you're considering letting people go or even closing the doors? One of the solutions is to spend less money on ongoing business costs. If you want to find ways to reduce ongoing business costs, you should get smart and become financially savvy. There are more benefits to this than … [Read more...]
Tax Credits, Grants and Loans for Women Entrepreneurs
Women-owned businesses are on the rise, and with them come numerous tax benefits and resources to help these businesses grow and succeed. From tax credits to government-sponsored grants and loans, there are many opportunities available to women entrepreneurs looking to start or expand their businesses. Tax Benefits for Women-Owned Businesses One of the primary tax benefits … [Read more...]
Here’s What You Need to Know to Get a Small Business Loan
Brought to you by National Funding: It’s not easy to get a small business loan. You have to have your finances in order and prove to lenders that you’re not a credit risk. And that means preparing a strong business plan, producing a lot of documentation of your financial situation, beefing up your credit score, and perhaps even putting up collateral. In order to succeed at … [Read more...]
5 Ways to Streamline Construction Company Estimates and Invoicing
Brought to you by CostCertified: Managing estimates, invoices, and payments in a construction company can be tedious. But with the appropriate methods and certifications, this task can be optimized and made more manageable. Ways to streamline construction company estimates and invoicing processes can significantly reduce the time spent on paperwork and manual entries. This … [Read more...]
Small Steps to Achieve Your Financial Goals
With the impact of COVID-19 influencing the global economy, it is no surprise that personal finance is on a lot of people’s minds. With many people already dealing with the impact of COVID-19 and others that are concerned about future job security, personal finance is definitely a point of discussion at the moment. As well as this, from a more positive perspective, national … [Read more...]
Top 4 Financial Resolutions Heading into 2021
Never mind the New Year's resolution to lose weight. It didn’t work last year, and it’s considered the world's worst and least kept resolution of all time. If you’re making a list of things you’d like to improve in 2021, other than the fact that you’d like to be able to visit family, friends or be in public without a face covering, consider resolving to change your financial … [Read more...]
3 Reasons to Refuse Your Financial Advisor’s Discount
Discounted advisors are like cheap clothes, they look good in the store and then they fall apart after one wash aka a market crash. Years ago, I sat across from a then retired financial advisor who was questioning the fact that I never discount the price of what I do for clients. I asked him why he did discount the advisory fee. He said that it was more competitive. But … [Read more...]
Denied for An SBA 7(a) Loan? Here Are Some Common Reasons Why
The U.S. Small Business Administration (SBA)'s 7(a) loan program is the most popular source of small business financing backed by a federal guaranty. Loans can be approved for amounts up to $5 million, with maturity rates from 10 to 25 years, and average APR rates of 6.30%-10%. Since SBA 7(a) loans have strict requirements, a majority of small business owners do not get … [Read more...]
PPP Loan Forgiveness – What Your Business Needs to Know
The U.S. Small Business Administration (SBA) Payroll Protection Program (PPP) served as a lifeline for small business owners facing hardships from the COVID-19 pandemic. The funds can be used toward eligible business expenses such as payroll, mortgage interest, rent, and utilities. The program closed on August 8th, 2020, and is no longer accepting applications. New guidance … [Read more...]
Credit Discrimination – What You Can Do To Protect Yourself
Credit discrimination is the act in which a creditor prevents access to loans, credit cards, mortgages, or other types of financing based on a person's race, color, sex, national origin, religion, marital status, age, source of income, and other “protected classes.” This practice is illegal, and a creditor cannot prevent access to financing, refuse an application, close an … [Read more...]