How the 6 “C’s” Apply to Small Business Lending
Working capital means different things to different businesses. One company may need the money to cover the operations of the business during the slow season, …
Business Financing
Can I Borrow from My LLC?
Many LLC members and owners don’t realize they have certain benefits associated with being a part of an LLC. If you are in a bind, …
What is a Pass-Through Entity?
When you own a business, there are several ways that a business can handle income, debts, taxes, and other financial components. Many businesses pay taxes …
How to Pay Yourself When You’re a Sole Proprietor
Understanding how you pay yourself as a sole proprietorship can be confusing. When you go into business for yourself, you rarely worry about the structure …
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How to Retire From Your Own Business
When you own a business, all of the responsibility lies on your shoulders. Even if you absolutely love what you do, you may get to …
Do I Need a New EIN?
An Employer Identification Number is needed to operate any business that will require you to hire employees. Your EIN will be used by the federal …
Everything You Need to Know About Work From Home Tax Deductions
Working from home is a dream come true, so is business ownership. Owning a business entitles you to many deductions. Some people hold the mistaken …
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Registered Business Name Vs. Trademark: What’s the Real Difference?
You’re ready to open your business. All you need is a name that is unique and memorable. The ideal name will identify your business and …
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What is Revolving Utilization?
Your credit utilization is one of the most important driving factors when determining your credit score. Also known as your debt-to-credit ratio, it makes up …
Obtaining Farm Loans With Bad Credit
Today’s farm families are facing some of the hardest times ever. Not only is the economic outlook on the shaky side, they must still deal …