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Monday, January 7, 2013

5 Financial Tips for the Home-Based Entrepreneur

5 Financial Tips for the Home-Based EntrepreneurBy Bernard R. Wolfe & Associates, Inc.    Here are 5 financial tips that will help entrepreneurs be more successful in their business ventures:1.    Build an emergency fund. Before you even start your business, you should make sure that you have a nest egg to fall back on since most new business owners struggle the first few years.Financial advise for the busy home...

Accounting and Finance Tips

For Emerging Growth and Startup CompaniesBy The Reznick GroupEntrepreneurship continues to flourish across the United States and abroad. Emerging growth and startup enterprises focus their finances and resources towards product development, proving a concept, and growing revenue. Limited startup capital and resource constraints dictate priorities as to where money should be spent, and rightly so. However, financial accounting and tax matters should...

Raising Money Through the Small Business Administration SBA

7 Tips for Landing an SBA LoanBy Rachel ZippwaldWhile SBA loans are available, it may take a bit more work to obtain one and banks are requiring more information than they have in the past. Rachel Zippwald, Vice President of California Bank & Trust, a major SBA lender, recommends following a few tips to facilitate getting your SBA loan approved.1. Provide details on exactly how much financing you need and how you will use it. Banks like specifics,...

The Winning Game Plan for Your Home-Based Business

By Greg Crabtree, CPAWhether your home-based business is by choice or necessity, you need to focus on three keys to have a winning game plan:1.    Define what success looks like2.    Choose simplicity for organization structure3.    Count the cost by paying vendors and taxes before you take money out of the businessThe IRS defines tax implications, and “business physics” will define your economic outcome,...