Money & Finance

In a word, “enough.” See what Chris Dixon has to say, via VentureHacks.  

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Post image for Developing Good Business Credit

Business credit doesn’t happen on its own–and as business owners, we need it now more than ever.  This E-Myth podcast, featuring Trent Lee of Corporate Credit Concepts, talks about how to establish your business credit and ways that you take an active role in doing so.

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Post image for 50 Ways For Small Businesses To Save Money

Making it through these challenging economic times is not just about ensuring an income (or cash) stream—it’ll also take economizing where you can.  This article from Entrepreneur.com provides 50 handy ways to save money in these clever categories: Penny-pinching promotions Internet ideas Location logic Office overhead Insurance intelligence Employee economics Shipping savings Tax tactics Financial […]

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Post image for Big Banks Slash Small Biz Credit Lines

 When it comes to small-business financing, there seems to be a lot of lip service and very little financial service. It’s hard not to get cynical when you hear that “small businesses are the backbone of the economy” on the one hand, yet learn that the big Wall Street banks have slashed their small-business loan […]

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Post image for Investing in the Right Investor

Last week, I interviewed Robert Bertsch, Esq., on Entrepreneur’s Daily Dose about legal issues involved with attracting investors online.  Some of the most frequently-asked questions concern confidentiality and staying in line with state and federal securities laws–aparticularly thorny if you’re going to post your Next Great Idea online. There are other issues, too, in choosing […]

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I’m a big fan of attorney Ryan Roberts and his StartUp Lawyer blog, and just couldn’t resist the title of his recent post, “Saks Does Not Take Restricted Stock.” He touches on the need to uncover the tolerance level of your business partner’s spouse/significant other for the uncertain time of sacrifice ahead. It’s similar to […]

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A while back, I wrote an article entitled “Investing in the Right Investors,” where I talked about the importance of having the right fit.  Just as you would want to have with a business partner who’s actively involved in the company. My colleague, David Greer (who knows a thing or two about investors and investing) […]

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Post image for Basic Training: Please–the IRS Isn’t THAT Stupid

As tax time closes in, it’s no surprise that people will do whatever they can to avoid paying their taxes. And while you have a right to question certain determinations, there comes a point where you cross a line from the thoughtful to the ridiculous. From the IRS website, here are just a few of […]

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Post image for Tax Concerns When Selling A Business

Ah, wouldn’t it be nice . . . to cash out of your business and have the time, freedom and buckaroos to lounge in Tahiti, build that extra extension on the house or give to the charity of your choice. But there’s more that has to go on behind the scenes–before you get to that […]

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Post image for Writing Off Business Bad Debt

It’s been said that “every silver lining has a cloud,” and that certainly applies to having business bad debt. In a number of cases, you can get a tax deduction and write off the bad debt against income. But the fact remains that, to get the write-off, the debt has to be uncollectible. Which means […]

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