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How to Collect, Report, and Pay Sales Taxes For Your Small Business

Sales tax is among the biggest headaches for entrepreneurs. Unless your business only sells to customers in Alaska, Delaware, Montana, New Hampshire or Oregon, you must collect sales tax whenever a customer makes a purchase. Sales tax issues are extremely common because the rules vary from business to business and product to product. The amount […]

3 Reasons A Business Line of Credit Makes Sense For Your Restaurant

Choosing the right type of business loan often comes down to your industry. The financial needs and cash flow patterns of certain businesses make them better suited for certain types of business loans. One example is restaurants, which are known for tumultuous revenue and unforeseen expenses looming around every corner. These are the kind of […]

What Are The Best Business Loan Options For Auto Repair Shops?

Auto repair shops are among the very few businesses with almost no risk of becoming irrelevant or losing traction. People will always need to get around, which creates a steady stream of demand. You can reap the full benefit of this demand as long as you have enough cash to serve your customers and cover […]

Where To Find The Best SBA Loans In 2019

SBA Loans are among the most coveted types of small business loans on the market. Much like a traditional bank loan, the borrowing limits are high, the terms are convenient, and the interest rates are on the lower side. But only certain businesses can qualify and some widespread notions about SBA Loans may actually be […]

4 Strategic Tips For Cutting Costs At Your Small Business

The first step towards business growth or financial stability is almost always cutting expenses. It’s easy but proactive. And it’s safe to say you’ll feel much more confident about your future when you aren’t worried about unknowingly overspending on recurring or one-time expenses. Yes, there is always more you can do to save money. But […]

How To Tell If A Business Term Loan Makes Sense For Your Beauty Salon

You may have heard about the frighteningly high default rate for bank loans. This figure would probably be a lot lower if more previous borrowers understood that a business term loan might not have been the best option for their circumstances. While a business term loan is arguably the most advantageous type of business loan, […]

2019’s Best Business Loans For Bad Credit

Perhaps the most impressive achievement of the modern business financing industry is making business loans available for borrowers with bad credit. In the past, a personal credit score below 700 usually meant you were out of luck in regards to your small business loan options. While a decent credit score might have gotten you approved, […]

How Much Money Should Your Business Have Saved Up For A Crisis?

No matter which industry you are involved in, certain rules must be followed by all small businesses. These are the universal guidelines for managing and protecting business finances. Right at the top of this list is the need for a substantial emergency fund. If you were to ask nearly every small business owner for their […]

4 Ways To Stabilize Cash Flow During The Post-Holiday Drought

Many small businesses have been in their slow season since the beginning or middle of January. It’s around this time that, for reasons beyond their control, small businesses experience a significant dip in demand. The cold weather makes going out to shop seem much less appealing, and customers are tighter with their wallets following the […]

3 Reasons Small Business Loans Are Vital For Younger Businesses

Cash flow issues are the most popular reason for small business failure. While every business has its own financial circumstances, the majority of businesses that fall to cash flow issues likely have at least one thing in common: They didn’t make enough moves early on to prevent these misfortunes. The first few years of any […]