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How to Make Smart Financial Decisions for Your Business

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How to Make Smart Financial Decisions for Your Business

Today's guest article is written by the owner of the financial help website "Ted Knows Money". Ted James specializes in private, one-on-one coaching and counselling sessions to help people take control of their finances. Learn more About Ted James.  Financial problems sink hundreds of small businesses every day. Don’t let your business fall victim to the same fate! Making smart financial decisions will help your business enjoy higher profit margins, avoid growing pains, and survive worst-case scenarios like the pandemic. In this article, Money Solutions Online offers several actionable tips to improve the financial health of your business. We’ll discuss how to be smart...

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Small Business Administration-SBA

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The Small Business Administration, or SBA, is a U.S. Government agency that provides support to entrepreneurs and small business and business owners. The whole purpose of the Small Business Administration is to maintain and strengthen the nation's economy. It helps to enable the business owner to establish and grow their small businesses. They also assist in the economic recovery of communities after disasters. The agency's activities are summarized as the "3 Cs" which are capital, contracts and counseling. SBA loans are made through banks, credit unions and other lenders who partner with the Small Business Administration.     How Would...

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Litigation and Recovery

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10 Tips on Power Negotiations for Accounts Receivable Management Professionals and Business Owners - Litigation and Recovery Lions and Associates Sales Team Training & Success Building Channel Specialists in injury claims and debt recovery The particular reason that some organizations do not pay their bills on time, is that they make money from the interest gains money while still in their account. When you have concerns that your money buyers have not yet produced settlement you should contact a lawyer for debt collection. It is possible that you know someone who can strongly recommend a good business debt recovery lawyers or...

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Is SBA debt forgiveness taxable?

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This article is for general information and should not be construed as tax advice.  Readers are strongly encouraged to consult their tax adviser regarding their individual tax situation. Is SBA debt forgiveness taxable? There is no doubt about it: the negotiation of a settlement of SBA loan can be challenging. These days, lenders are so overwhelmed due loans that it may take an act of Congress to get them to even return your phone call. Then, when they do return your call, you are asked to complete a series of costly and confusing forms. Once you return this information, it is...

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