Browsing Tag

finance

Four Basic Principles for Raising Capital

Outside investors want to understand a business' strategy as well as its financial statements. The need to raise capital from outside investors requires a great deal of preparation across multiple dimensions. Among many

Keys to Obtaining Funding

To secure funding it's essential to instill confidence with a professional and accurate financial summary Securing a loan or other private funding is all about the business owner. Can you accurately represent your financial

Financing Your Small Business Growth With Debt

Seven factors for small business owners to consider. 1. The Loan Amount The loan amount should include the funds needed for both hard costs and soft costs. The hard costs would include real estate, equipment, inventory, and…

7 Business Pitfalls to Keep Top of Mind

Here are seven costly yet all too common business mistakes which can impede your success. When running a business, it's easy to get caught up in day-to-day concerns and lose sight of the big picture. Here are some costly yet

3 Steps To Empower Your Sales Staff

Follow these simple backend techniques to streamline contracts and close more sales This July, I wrote a blog post about the role of the account manager in this digital era, and one key point covered was on "winging it" which is…

3 Foundations To Maximize Cash Flow

An efficient small business or organization maximizes cash flow, here are 3 foundations. If a company is to maximize cash flow - and what company doesn't want that? - it must first maximize the three foundations that generate cash

What is Small Business Life Insurance?

Small Business Life Insurance is used to protect a business, or the family of a businessman, from the financial loss Small business owners depend on their enterprise as a primary source of family income and security, an…

Who’s the Boss? Let’s Look at Your Options

A CFO-CEO could be one of the founders of the company and is very actively involved in all aspects of the business - not just accounting and finance. A privately held company with expanding sales and marketing will often hire a CFO-COO to…

8 Recommendations for Safeguarding Cash Flow

Safeguarding cash allows your small business to maximize cash flow. Cash, including checks, is an important aspect of many businesses. But controls such as monthly reporting must be put in place to safeguard it. If not, you

Small Business, Corporate Tax and Reinvention Steps

Why corporate taxes are bad for the USA, (or any country) and solutions on small business savings According to the US Public Interest Research Group Education Fund, at least 362 major corporations in the United States maintained…

Have An Estate Plan for Your Small Business

A small business estate plan is critically important, yet often overlooked Little thought is given to the possibility of the death or disability of a partner or key employee at the start of a business. Future prospects can

Small Business Loans Tracked To $30 Billion

On Tuesday U.S. SBA announced for fiscal year 2013 total it guaranteed $30 billion in small business loans. This is the third highest year of SBA lending to date, surpassed only by SBA’s two record years of supporting more than $30…

10 Tips to Secure A Small Business Loan

A step by step approach to a small business loan and keys to financing As a business professional contemplating a small business loan, you may have one small hurdle to overcome that you never considered before: You probably come from

IT As A Savings, Not Cost, Center

9 goals to help business owners build a cost efficient and effective IT infrastructure Many business owners believe IT is a cost center and treat it as such. However, it should be viewed as a savings center and budgets…

Finally! A New Home Office Tax Deduction

Take advantage of a new law for simplified home office tax deduction. There's good news for small-business owners who keep home offices and wanted to take advantage of the home office tax deduction when filing their taxes.…

15 Reasons it Makes Sense to Lease IT

Asset ownership can be a disadvantage, look at the value of leasing There has always been resistance in a number of IT organizations to equipment leasing. Business and IT executives frequently believe that their corporate financial…

Tax Deductions That Survived After 2011

Here are six provisions to help filers of 2012 returns Thanks to the passage of the American Taxpayer Relief Act of 2012 (ATRA), many tax provisions that expired in 2011 were retroactively extended (or made permanent) and are…

10 Tips to Help You Choose a Tax Preparer

Choosing a trustworthy professional makes all the difference for your tax return. February is usually the time when we start looking for help from tax professionals to file our tax returns. When using a paid tax preparer to…

7 Tips to Weather an Economic Downturn

Good financial practices can help a small business survive in a down economy and capitalize on new opportunities during the recovery Image: FotoliaBroad economic slowdowns can often trickle down to small businesses, including those in…

Equity Crowd Funding 101

How Hispanic entrepreneurs can join the crowd to raise money for their companies You need to raise money to fund and grow your Hispanic small business. You have come up with a proposed investment structure and…

The Accidental Entrepreneur

Chapter 2 – Getting Started, The First Three Years I am a researcher, that’s who and what I am. And I am a Hispanic researcher, dedicated to bringing the voice of the Hispanic population to the people who need

Banking On The Work Ethic

James Gutierrez built a micro-lending success on trust James Gutierrez It's easy to get a loan if you have the right assets, credit score and bank account size. Without them, it can be impossible. That's why James

Where’s The Money?

How To Get The Cash Up Front Your Business Needs You may have a terrific plan and be a talented workaholic, but finding funding is another issue. Most business failures are a result of inadequate funding from day one. Business owners…

Mobile Money

A short guide to the wide world of virtual cash. credit: Shutterstock We used to know what money was. It was tangible, something we could hold: a dollar bill, a nickel coin, a check drawn on a local bank, a credit…

7 Mistakes to Avoid

Avoid these too-common errors as you rev up your business. When running a business, it's easy to get caught up in day-to-day concerns and lose sight of the big picture. Here are some costly yet all too common mistakes to

Free Money? Not Quite

The following article is provided by SCORE, a nonprofit association of business counselors who mentor small business owners across the U.S. For more information, see the SCORE Web site: http://www.score.org/ Nothing good in life comes…

Never Give Up!

- And other words of advice from James Gutierrez Progresso Financiero founder and CEO James Gutierrez shares seven hard-won lessons with LatinBusinessToday.com readers: Never give up: Whether I'm going…

Small Loans, Big Goals

How Pedro Rivera and Armando Pedro Santiago used micro-credit loans to build better lives. Pedro Rivera launched his carpentry shop in his home's garage as a side business to his full-time carpentry job at another…