Let’s say you are placing an order online. It could be for anything from concert tickets to a new dress. As you fill out the payment information, at some point you will come to a space that requests the CVV (or similar designation, as we will discover) code, a three- or four-digit number on the…
Sometimes, personal taxes can be, well, complicated. But, as you likely know, a lot more may be involved in reporting business taxes – including your sales, your employees, new equipment purchases and a variety of other details. It just stands to reason, if you own a small business, tax time can be a challenge. For…
Believe it or not, a large – and growing – segment of people are managing to live their lives debt-free. And, perhaps just as amazingly, they are doing this by choice. It isn’t the easiest decision you could make, but it has the potential to be one of the most beneficial…and satisfying. If you are…
In light of current events, the likelihood of serious cyberattacks on the corporate community are a serious concern – and just because your business is a small one, don’t believe for a moment that cybercriminals aren’t lurking. It’s estimated that over 47% of attacks happen to businesses with fewer than 100 employees1 – and nearly…
There is no “magic number” of credit cards to have, but there are several important things to consider before you decide to open a new card account. The number of cards you have — and how close you are to their combined credit limits — can have a significant effect on credit scores, which can…
Do you know what your credit score is? Or, do you already know it and wish it was higher? Your credit score is important to your financial health; it demonstrates to lenders how responsibly you use credit. The higher your score, the easier it is to get new loans or lines of credit. Here’s a…
Part 2: Preparing for closing With your Small Business Administration (SBA) 7(a) loan documentation complete and submitted, the lender and SBA then do their part, verifying and approving your application and docs, getting you to your closing and receipt of funds. One note of caution, however: there will be one final round of forms and…
Part 1: Preparing for your loan You are primed to make your big move to the head of the pack – but those growth plans you’re considering need an all-important influx of capital. A Small Business Administration (SBA) Ioan can be used to expand your operation, secure new real estate, for construction or to finance…
