Football fans will probably recognize the saying “offense sells tickets; defense wins championships.” In the game of finance, offense is the ability to make more money while defense is all about how money is managed. So the question is, in the game of finance, does offense or defense matter more?
Is Homeownership a Feasible Saving Tool?
3 Ways to Make the Most of Your Banking Relationships
The COVID-19 pandemic has highlighted the importance of having an established relationship with a lending institution if your business needs a quick infusion of cash. Here are some tips for either establishing a banking relationship if you don't currently have one or expanding an existing relationship you do have:
Help For Business Owners Who Provide Employees With COVID-19 Paid Leave
IRS Tax Notes
5 Ways to Recession-proof Your Business
Business America is slowly re-opening. Given the dismal economic numbers we have seen, the market reality mirrors that of the last recession.
There was a survey done to businesses that survived the 2008 recession by Trends, and the below are 5 key takeaways from business owners on how to cope with the economic fallout. We might like to borrow them for the fallout from the recent COVID-19 pandemic.
6 Top Ideas to Help Pay Bills During Tough Times
What to Consider When You Lease Commercial Property
Decisions about location and leasing commercial space can be significant factors in determining a business's long-term profitability. That's because the cost of leasing space is often one of the biggest numbers on the profit-and-loss statement. Consider the following as you look for a space that fits your bottom line:
The 3 Rules of Cash For Now And Forever
5 Tax Savvy Moves to Consider Now
5 Things to do Now to Save Your Business!
2 Steps to Survive & Thrive Through Crisis
“In times of crisis you have to prioritize and execute.” Said the former US Navy Seal Jocko Willink, author and TED talker. What has that got to do with making your business survive and thrive in this time?
Well, lean time forces you to focus on core business. When times were good, you could afford to be lax with everything. Not anymore.
Pulling Retirement Funds Early? Consider This First
6 Tips to Great Credit Score
Once viewed as a necessity when applying for a mortgage, credit score now factors into various aspects of life - renting an apartment or office, paying for utilities, buying a cell phone, the amount you pay for insurances, and employment decision.
“So what?” you ask.
We can see now businesses are interrupted, a variety of lending solutions will quickly, if not already, surface to help support employees, freelancers, business owners during this time.
Which Business Entity Allows Less Taxes?
When you have your annual tax returns sit in front of you, have you considered which types of taxes you can optimize?
Do you know your business structure impacts your bottom line?
Outside of legal considerations for asset protection, or financial consideration for fund-raising, what you want the business to do determines the best tax strategy for it.