Finance

Designing an Employee Benefit Plan

When you begin to put together an employee benefit plan, you will likely want to start with a few “core” benefits, such as life insurance, health insurance, and a retirement plan. These benefits form a base from which your company’s benefit plan can grow and evolve in the future. Every year or two, it may [...]

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Finance

SMALL BUSINESS FINANCING FOR 2010 SEMINAR, Long Island, New York, Friday April 9, 2010

SBA’s Long Island Office, New York State Empire Development, Farmingdale Small Business Development Center and the Long Island Development Corporation will host a FREE financing seminar for start up and existing small businesses seeking financing options through city, state and federal government programs.
Friday April 9, 2010,
8:30 – 9:00 AM Coffee & Registration
9:00-10:30 AM Program
WHERE: New [...]

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Finance

What is the 7A Loan Program all about

The 7(a) Loan Program is SBA’s primary program to help start-up and existing small businesses obtain financing when they might not be eligible for business loans through normal lending channels. The name comes from section 7(a) of the Small Business Act, which authorizes SBA to provide business loans to American small businesses. SBA itself does [...]

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Finance

How to Obtain 501(c)(3) Tax-Exempt Status for Your Nonprofit

Obtaining federal tax-exempt status is a critical step in forming a nonprofit organization — most of the real benefits of being a nonprofit flow from your 501(c)(3) tax-exempt status (such as the tax-deductibility of donations, access to grant money, and income and property tax exemptions). (For general information on forming a nonprofit corporation, which is [...]

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Finance

30, 60, 90 Days….Collect On Your Past Due Accounts.

If you are tired of having to wait on others to pay you before you can pay your own bills, you need a strategy and comprehensive collection procedure. This includes templates and scripts for every step along the way. Here are 7 ways to reduce or eliminate your over 30 day past dues.

You need to [...]

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Finance

Raising Venture Capital In Any Market

It’s no secret that it’s not as easy as it used to be to raise money for your business. Longer investment cycles, suppressed valuations, and limited opportunities to cash out of deals has made venture capitalists increasingly selective. As a result, many VCs look only at companies they know and have invested in before, rather [...]

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Finance

How much Debt can you Handle

The word debt is generally associated with negative connotations including burden, lack, repossession, problems, stress, worry, insecurity, etc. Debt is usually associated with these things because of the high occurrence of irresponsible use of debt amongst consumers in America. Many have grown accustomed to utilizing debt for consumption purposes, including the acquisition of clothes, cars, [...]

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Finance

How to Improve your Business Cash Flow

Every business owner has heard the saying that “Cash is King”. This statement will always hold true because no company can survive without cash, as it is needed to meet the operating expenses (i.e. payroll, rent, insurance, utilities) and investments (Inventory, Buildings, Equipment) of every business.
Cash flow is the measure of inflows and outflows of [...]

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Finance

Collateral and Business loans

If you are a current business owner, or perhaps have the vision that you would like to become a business owner, then you must recognize that having enough capital is a prerequisite to accomplishing your business goals. Debt (borrowed money) is one form of capital, and many business owners obtain debt by applying for a [...]

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Finance

Seven Sources of Capital for your Business

Seven Sources of Capital for your Business
 

Money (capital) is a vital resource in starting, operating, and expanding your business, and many business owners lack the know-how to obtain capital. To get you started in accessing the capital you need to finance your business, we’ve listed 7 sources of capital that you can start looking into.  
1. [...]

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