Accounting/Banking/Credit (101)

3 Key Steps To Selling A Business In Good Times Or Bad

The COVID-19 pandemic is putting people out of work, slowing down lots of industries, and causing businesses to close. But at the same time, an uncertain chapter in America’s economic history may provide opportunities for individuals looking for a fresh start – or a soft landing.


Check These Possible Tax Credits for Small Businesses

As a small business, the coronavirus pandemic has presented countless challenges mainly as a result of lockdowns and social distancing restrictions. This has forced governments to come to the rescue by providing funding and tax breaks. Apart from the government, other organizations have also stepped in to help small businesses to survive and keep offering services during and after the virus. However, the biggest help for small business owners comes from the IRS in the form of tax credits. Some of the benefits that the IRS has promised to offer include new credits for the employers that include the employee retention credits and credits for paid sick leave and family leave. With these credits, you can save your small business from the effects of the pandemic while ensuring that your employees are protected as well. Here are some of the tax credits that can help you and how they work.


How American Cutting Edge Sharpened Its Business and Saved More Than $100,000

Customers today want customization. From startups to big brands, most businesses today are providing their customers with unique options to personalize their products. The increased demand for mass customization is changing the nature of many industries, while also providing a new way to extend product lines and increase sales.  


Understanding Amortization

If you’re not familiar with accounting or financial statements for a company, just looking at them can be intimidating. Even once you’ve figured out things like gross margin, cost of goods, and cash on hand, there are other line items that will still cause you to scratch your head, like amortization.


When Business Success Begins with Innovation in Finance

Cultivating a culture of innovation should be a top priority for every enterprise. While this may sound simple, it’s one of the most difficult accomplishments to achieve in practice. Halloran Consulting is no stranger to fostering a culture of innovation within its business. The life science regulatory, quality and clinical consulting firm has seen revenue growth of nearly 200 percent since 2014, winning a spot on Inc. 5000 list of America’s fastest-growing companies for five consecutive years and most recently awarded a digital leadership title by Ventana Research.


What Is A Microloan?

Small businesses require financing at times, but options that exist for large corporations are not always the best for entrepreneurs. Larger than necessary loan amounts, unforgiving terms, or unrealistic payback schedules make typical business loans prohibitive for small business. However, private loans from family or friends are not ideal, either. What are the options?


Do You Know About These 2020 Tax Changes?

Before too much time passes this year, it’s best to get a jump-start on Tax Season. Taxes are just around the corner, so learn about the new changes to 2020 taxes now to avoid any surprises. There just might be a few benefits in the new code that will positively affect you and your business, but also beware any changes that could cause problems if you are noncompliant.


What Is A Good Loan For A Small Business?

Unless you’ve received some sort of windfall or have another source of cash, you’re going to need money to fund a new business. The easiest and most readily available source of cash is a business loan, a reasonable step to take for a start-up.


There's More Than One Way to Crowdfund Your Business

Crowdfunding is helping many startups and small businesses get cash for their respective projects from a variety of sources. However, despite the availability of various crowdfunding sources, many people still have little knowledge on most of them which make it difficult for them to get the money they need to propel their businesses to the next level. In this article, we highlight various methods that you can use for your crowdfunding campaigns and other options of funding that can be helpful to your business.


Small Businesses Look to Fintech to Change How They Seek Financing

The rise of artificial intelligence, big data and machine learning is changing the way small businesses are doing things. Banking institutions are in a hurry to collaborate with fintech providers to find solutions that offer small businesses an opportunity to seek financing. In countries like the United States, for example, there are more than 30 million small businesses that make up about 99% of all businesses in the country. They offer employment to millions of citizens and contribute immensely to the economy. As the gig economy continues thriving, financial institutions are seeing a booming market that can generate massive returns from small businesses.


Visit other PMG Sites:

click me
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.