First-time entrepreneurs have a tendency to overstate the company’s revenue forecasts. Make sure that your business financials are based on reality.
Most businesses want to be able to borrow money when they need it, without giving the loan their personal guarantee. Learn how to build business credit.
A survey found that 8 out of every 10 business owners are trying to manage their business without having the financial side of their business under control. That’s a recipe for disaster!
A penny saved is a penny earned. Learn about expense management, how to control expenses and collect your receivables in quicker, cheaper and more effective ways.
What do you do to increase income of your business? Here are some tips on how to increase income and maximize the revenue potentials of your small business.
Knowing how much to charge is one of the toughest decisions for any would-be entrepreneur. Learn the techniques for determining your pricing structure.
Are you generating the revenues you should? Are you overlooking opportunities? Avoid missing income opportunities learn 5 ways to increase your revenues.
A non-paying customer is one of the worst nightmares of a small business owner. Practice these steps to protect your business from slow or non-paying customers
Running a successful business entails keeping accurate and timely financial information. Learn what to include in your record keeping system.
The stock of an S corp may not be held by a self-directed IRA. Alternatively, it may be possible for a self-directed IRA to make a loan to an S corp. BUT, if the loan is made to an S corp (or any other entity) that is owned 50% or more by you or a “disqualified person” as defined by the IRS, this would be considered a “prohibited transaction.”