Money

MONEY

    Raise the money and capital you need to launch a home-based business. Information on a wide range of subjects including cash flow, credit repair, receivables, cutting taxes, money management, controlling costs, and more.

    Taxing Times
    Taxing Times. Have You Filed?

     

    Simple Steps You Can Take To Avoid A Tax Audit
    Even If You Haven’t Filed Your Taxes
    By Lance E. Rothenberg

    You did it. You gathered the courage and started your business. You set up your home office and purchased advertising.  You worked your contacts and negotiated a healthy roster of accounts. Your hard work has paid off, and the revenue is coming in; so much so that you hired staff. You made it as an entrepreneur, and you should be congratulated! Now imagine this scenario: It’s late May and you haven’t filed your individual income tax returns. Maybe you haven’t filed for a year or two (or more!).
     

    read more | »
    Taxing Times
    Which Tax Group Do You Belong To?

    No Taxes Nate, Accidentally Profitable Alex, or Eddie the Enduring Entrepreneur?
    By Greg Crabtree

    I would classify entrepreneurs into three groups when it comes to taxes:

    read more | »
    Taxing Times
    The Psychology of Taxes on Entrepreneurs

     

     

    Are you a No Taxes, No Way Nate, or an Eddie the Enduring Entrepreneur?

    By Greg Crabtree

    As an accountant, I have a unique vantage point to observe how entrepreneurs change their decisions based on tax policy.  My focus as a business advisor is making businesses more profitable first, then dealing with the tax implications of profit. As much as I would like to focus on profit, I regularly have to “reprogram” the entrepreneur’s thinking on taxes. 

    read more | »
    Credit and Receivables
    Nine Ways to Collect Bad Debt

     

     

    Small Business Owners Can Improve Their Chances of Collecting on Invoices
    By Suzanne Kearns

    Business owners are struggling enough in this weak economy, but when you add stagnant accounts receivables to the mix, it can make for some pretty tough financial times. According to a recent Dunn & Bradstreet report, small business owners are having to wait longer to get paid 20 percent more of the time than they were last year. In addition, there have many more business failures, and experts chalk that up to the difficulty that small businesses are having collecting on their past due accounts. Luckily, there are ways that small business owners can improve their chances of collecting on those invoices.

    read more | »
    Raising Money
    Funding Options

    Raising Money for Your Start-Up
    By Jim R. Sapp

        Need to raise money for your start-up? The first options that typically come to mind are your personal assets: savings account, credit cards, 401(k) or Keogh retirement plan, life insurance, second mortgage line of credit, or items you own that can be sold for cash.   There are, however, lending options for small and home businesses that need money for starting up.  Whether you consider a private lender or a professional lender for raising money, carefully plan ahead.

    read more | »
    How-To Guides
    Boost Innovation (and Profits!) in your Start-Up

    Use the Engagement Factor with your Customers

    By Dan Adams

    The best technology. The best employees. The biggest budget. The strongest R&D department. Check, check, check, and check! If you think these are all the elements you need in order to build a consistently successful company, you’re wrong. There is one other factor you’ll need to check off that list — an innovation strategy that works.

    read more | »
    Money Management
    Eight Things You Need to Know About Money

    You’re Earning It; Here’s How to Keep It

    By William J. Lynott

    Money: It's a part of our lives from the first day Mommy tucks lunch money into our backpacks until we finally shuffle off this mortal coil. How much of the stuff we manage to earn, how much of it we save, what we do with it — these things will help to determine how successful we will be in today’s financially oriented society.

    read more | »
    Money Management
    Protect Yourself from Financial Fraud

    Security Tips for the Self-Employed

    By Christopher J. Bachler


    The first rule for home businesses and boxers is the same: “Always keep your guard up.” That’s because fraud in the business world today is more common than ever before. Advanced technology, the “shrinking world,” and the ongoing growth of a “virtual economy” are all partly to blame. Identities are easy to steal, and fortunes may be made or lost with a few keystrokes. Scammers can strike with impunity from any part of the globe, even from countries that have no extradition treaties with the United States.

    read more | »
    Taxing Times
    What Can You Tax Deduct When You Work from Home?

    What You Can Deduct On Your Taxes!
    By Tariq Shafi
     
    According to the U.S. Census Bureau, roughly 5.9 million people work at home throughout the country. With this becoming such a popular option, and April 15th fast approaching, it is a good idea to know what you can deduct on your taxes.

    read more | »
    How-To Guides
    Start-Up Financing Starts with a Strategy

    The Real Funding Strategy That Works

    You have an idea for a product or service and want to start a company, or maybe you already have a company and you are thinking about launching a new product line. Either way, you need capital to make it happen, but how do you get the funding required?

    read more | »

    Pages

     

    © Copyright 2012 Home Business Magazine. All Rights Reserved. Privacy Policy | Terms and Conditions
    Infoswell Media