Whether it’s a clothing boutique, accounting firm, or a simple cottage industry you’ve started in your home – ideas are always easier than execution. Many people dream of the freedom and autonomy of owning their own business. But how can you turn that dream into reality?
As the economy continues to improve, more businesses will be in a position to obtain credit as they identify their capital investment needs and seek financing. Knowing what you need to be “bankable” will ensure your business can access the credit you need to achieve your business objectives.
The Small Business Administration (SBA) is a vital financing tool when starting or growing a small business. The SBA is a government agency that provides support to maintain and strengthen small businesses. There are many benefits to clients who utilize the SBA for loans. The loans are made through banks and other lenders who partner with the SBA. So, the agency isn’t actually providing the loan, but rather providing a government-backed guarantee on part of the loan.
With tax season in full swing, we can all benefit from additional tips, knowledge, and insight to help improve the financial outcome of our tax returns. Whether you visit an accounting professional or calculate your own tax returns, this three month period can be a stressful time.