Small Business the Good News

Filed Under (Financial) by admin on 12-11-2008

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The sun will come out after this economic storm, and until then, small businesses - dubbed the backbone of the economy - have access to more offerings to keep them going, the head of the U.S. Small Business Administration said at a Tuesday conference here.

“These are interesting times, they are challenging times, and they are scary times,” said Sandy K. Baruah, acting administrator of the U.S. Small Business Administration, a government agency aimed at helping Americans start, build and grow small businesses. “But our period of slow growth that is ahead of us will be followed by some pretty impressive economic growth.”

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Government Help for Small-Business Owners

Filed Under (Education) by admin on 11-11-2008

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By PAUL B. BROWN

For years, a good way to guarantee a laugh was to walk into a room of small business owners and announce, “I’m from the government and I am here to help you.”

Entrepreneurs were more used to dealing with red tape, endless delays in getting an answer to a question and federal employees who were frequently less than helpful.

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Different Types of Credits to be Aware of While Filing Taxes

Filed Under (Education, Financial, Tax Information) by admin on 03-11-2008

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A good article from Business Week on the types of credits that might help as we move toward filing taxes this year.

Business Week has some pretty informative articles. you can visit them at :http://www.businessweek.com.

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Checklist of Legal and Illegal Hiring Questions

Filed Under (Education) by admin on 28-10-2008

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Here is a great little guideline of questions you can and can not ask when interviewing a candidate for employment. The information is provided by: http://www.findlaw.com/ and is a great resource site for general information, forms, and links to other legal resources. Take a look at this article and then go take a look at their site if you need help.

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Before You Decide to Restructure Debt or Refinance Debt

Filed Under (Education, Financial) by admin on 24-10-2008

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Refinancing refers to applying for a secured loan intended to replace an existing loan secured by the same assets. The most common consumer refinancing is for a home mortgage.

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What Can the Average Joe Do In a Down Economy?

Filed Under (Financial) by admin on 17-10-2008

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Many of the emails we have seen over the past couple of weeks have been emphasizing the need for practical help for the individual families who are now finding themselves in trouble. Here are our beginning ideas. If you feel these are helpful let us know and we will start doing an article a week just on this topic.

Make a plan. Family comes first, so sit down and plan out a way to take care of them if a recession actually DOES happen, and it affects you hardcore. If you have a set of plans in place and in the future it doesn’t happen, then you have something to fall back on if your life changes in other ways, right?

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Why should I keep records?

Filed Under (Financial, Tax Information) by admin on 13-10-2008

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It’s hard to believe that October is here and it’s approaching tax filing time again. It just sends a quiver down my back to have to again go through all the material just to get ready. One of the bitter lessons I have learned over the years is that if you do not keep reasonable records you could be missing out on a lot of potential deductions and therefore paying more to good old Uncle Sam. Here are a few good reasons to keep records up to date:

Everyone in business must keep records.  Keeping good records is very important to your business.  Good records will help you do the following:

  • Monitor the progress of your business
  • Prepare your financial statements
  • Identify source of receipts
  • Keep track of deductible expenses
  • Prepare your tax returns
  • Support items reported on tax returns

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Small Business Owners React to the Bailout

Filed Under (Financial) by admin on 03-10-2008

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We have posted several comments giving our out views on the bailout however here is an article from Business Week that talked to several small business owners. If you’re a small business let us know what you think.

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How to Write a Killer Business Plan

Filed Under (Business Plans) by admin on 02-07-2008

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Robert Warlow
Small Business Success

Back at the top of the blog by popular demand.

Writing a Business Plan can be a daunting task. You have so many ideas floating around in your head that it can be difficult to capture them all in a logical format. However, committing time to writing an effective Plan can help improve your chances of success. In this article I will be giving you some tips on how to write a killer Business Plan!

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