There are a variety of different types of loan options for small businesses seeking a cash influsion to support operations or promote growth.
It takes time, effort and money to launch and grow a small business. However, unlike an established business with a track record, an early-stage business doesn’t typically qualify for traditional financing programs offered by banks.
When starting a small business, choosing the best legal structure is one of the most important decisions you can make. This decision will impact critical aspects of the business, including how much you are required to pay in taxes and the extent of your personal liability for financial debts and losses.
As a small business owner, you may find that it is difficult to sustain a company without seeking outside financial assistance. At some point, you will probably need extra working capital to support the growth and expansion of your business.
For many small business owners, tax consequences can mean the difference between having a profitable or unprofitable year. The last thing you want as a business owner is to pay more of your hard-earned income to Uncle Sam than is absolutely necessary. If you want to reduce your tax burden this year, the following tax saving strategies will help you do just that.
To run a successful business, you must regularly monitor the financial performance of your company.
Overseeing your accounts payable and accounts receivable (AP & AR) is among the more tedious component of running your growing business. AP and AR management involves tracking large amounts of paperwork, reviewing contract terms, and can take significant time from your workday. Because of this, it’s among the more popular account services offered by CPA firms.