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Do I Need a New EIN?

Do I Need a New EIN?

by Balustrade Creative | Mar 29, 2022 | Business Financing, Financial Advice, Insights To Business, Small Business Funding

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 government to track your business and collect any taxes that are owed. The IRS has made recent changes that may require...
How to Greatly Reduce Your Business Taxes through Leveraging Section 179 Deductions

How to Greatly Reduce Your Business Taxes through Leveraging Section 179 Deductions

by Balustrade Creative | Nov 26, 2021 | Equipment Financing, Insights To Business, Small Business Cash Flow, Small Business Funding

Figuring out your business taxes each year can be frustrating. It’s important to know what deductions you are entitled to so that you can keep your taxes where they should be. The Section 179 tax deduction may be able to help you maintain your bottom line and...
What is a Microlending, and is It Right for Your Business?

What is a Microlending, and is It Right for Your Business?

by Balustrade Creative | Oct 29, 2021 | Business Financing, Insights To Business, Small Business Cash Flow, Small Business Funding, Working Capital

A new business can take off like a rocket, but if a financial slow down occurs, it can spell disaster. Microloans are a good way to get the working capital you need without having to go through the struggle of meeting the demands of a conventional lender. Microloans...
The Very Real Opportunity Cost of Not Getting a Business Loan

The Very Real Opportunity Cost of Not Getting a Business Loan

by Balustrade Creative | Oct 5, 2021 | Business Financing, Insights To Business, Small Business Funding, Working Capital

Opportunities are everywhere when it comes to business. Even though we sometimes see opportunities, we fail to act on them. This can result in what is referred to in economic circles as opportunity cost. Opportunity cost is basically the cost that results from missed...
5 Unknown Facts About Business Working Capital Loan

5 Unknown Facts About Business Working Capital Loan

by Balustrade Creative | Oct 4, 2021 | Business Financing, Insights To Business, Small Business Funding, Working Capital

What is working capital? Simply put, working capital is money that a business has set aside to pay for the day to day operating costs. There are times when business is slow or an unexpected event has occurred that has depleted its financial resources, making it...
How to Build Business Credit?

How to Build Business Credit?

by Balustrade Creative | Jul 9, 2021 | Business Financing, Financial Advice, Small Business Funding

Every business needs capital in order to function. Most new business owners use up most of their working capital getting things started and have little left over for the day to day operations. The biggest problem a new business might face is finding the funds to stay...
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