There are two major questions to be asked when it comes to considering a startup: 1. Is this the right time? 2. Is this a lemon?
Getting a bank loan for your business may be more difficult than usual in today’s economy. However, if you give your bank a thorough, organized, and well-supported loan proposal, you’ll increase your chances of getting the money your business needs.
The e-mail from your bank gets your attention right away. It says you need to log into your account in the next 48 hours to continue your online privileges. You wonder, is it legitimate?
If you have foreign bank, savings, or investment accounts, you are required to file “Treasury Department Form 90-22.1, Report of Foreign Bank and Financial Accounts (FBAR),” by June 30, 2012.
Inventory management is all about keeping track of the goods you buy, process or store as part of your business.
For better or worse, habits formed during the early years of college often harden into long-term lifestyles. This is especially evident in the area of finances.
It can be a Catch-22 on whether economic, technological and management trends are good for small business or not. They certainly require an investment in time and money to keep abreast of the never-ending developments. However, to ignore them is to provide your competitors with the opportunity to grow their businesses at your expense.
It seems like backing up should be an obvious daily activity in this technology-dependent world of business where one spilled latte can destroy months of data. With such a simple slip up constantly on the horizon, backing up your data should be the last thing you do each day to ensure that whatever happens, you will not be backtracking and re-doing work.
From articles in respected financial journals to spots on late-night television, real estate hawkers and investment gurus have touted the benefits of homeownership. “Don’t throw your money away on rent,” they admonish. “Interest rates are headed up. Now’s the time to buy.” “After all,” they suggest, “buying a house is a surefire way to build wealth.”
The IRS is warning taxpayers not to respond to e-mails and phone calls they may receive which claim to come from the IRS or another federal agency. Such contacts are likely to be scams whose purpose is to obtain personal and financial information from taxpayers, which are then used by the scammers to commit identity theft.