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What Type of Business Bank Account Do I Need to Secure Working Capital

What Type of Business Bank Account Do I Need to Secure Working Capital

by Balustrade Creative | Jun 22, 2022 | Financial Advice, Insights To Business

Business bank accounts are essential for small business owners. They keep the assets of the business separate from the owners’ personal holdings. With all of the business money and assets in certain accounts, it is easy to file taxes for the company. There are...
Is Your Business Prepared for It’s Next Round of Financing?

Is Your Business Prepared for It’s Next Round of Financing?

by Balustrade Creative | Jun 20, 2022 | Financial Advice, Insights To Business, Small Business Cash Flow

Small businesses grow. They expand to include other products or they simply grow into a larger, more profitable entity. Either way, at some point, having another round of financing may be needed, if you want to jump start the process and move ahead without any delays....
How to Recession Proof Your Business

How to Recession Proof Your Business

by Balustrade Creative | May 31, 2022 | Financial Advice, Insights To Business, Small Business Cash Flow

A strong, well-built business can withstand most economic hardships. A business owner who has been around for a while knows how to keep things growing even when things get lean. New entrepreneurs can sometimes overlook common practices that would help to solidify...
Can I Borrow from My LLC?

Can I Borrow from My LLC?

by Balustrade Creative | May 27, 2022 | Business Financing, Financial Advice, Insights To Business, Small Business Cash Flow

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, you can actually borrow from an LLC providing much need funds for small businesses. There are certain requirements and tax...
What Is Reasonable Compensation to Pay Yourself Through Your S Corporation?

What Is Reasonable Compensation to Pay Yourself Through Your S Corporation?

by Balustrade Creative | May 20, 2022 | Financial Advice, Insights To Business, Small Business Cash Flow

When you are an owner of a corporation, you can get paid in a variety of ways. It’s important to know which type of pay is best and what type of compensation you deserve for all of the work you do. Determining your level of compensation requires the...
What is a Pass-Through Entity?

What is a Pass-Through Entity?

by Balustrade Creative | Apr 20, 2022 | Business Financing, Financial Advice, Insights To Business

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 on the income they receive, while others pass the income and tax liability through to its owners. When the...
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