by lb_admin | Jul 5, 2023 | business loans, Finance, Small Business
Key Takeaways: Understanding small business loan interest deductions is important for maximizing tax savings. To qualify for a business interest tax deduction, key criteria include legal liability for the debt, intent to repay the debt with a documented...
by Matt Reece | Dec 7, 2021 | Business Advice, Marketing, Small Business
It is not an overstatement when they say that the Holidays amount to over 25% of the yearly sales of small businesses, sometimes the percentage is even larger! What does this mean? This means that for small businesses, preparing for the holiday season that comes once...
by Matt Reece | Nov 4, 2021 | Finance, Small Business
Businesses may need to avail of business loans at certain times during its accounting period. This may be for immediate and short-term needs due to cash flow concerns or it can be for additional funding and investment for the business. Whatever your reason may be to...
by Matt Reece | Nov 3, 2021 | Business Advice, Small Business
All businesses have been greatly affected by the coronavirus pandemic. It has taken a toll on a lot of businesses that used to thrive to the point of them losing so much money, and worst, closing down due to bankruptcy. To those businesses who are still struggling yet...
by Matt Reece | Sep 29, 2021 | Business Advice, Finance, Small Business
As individuals, we create a budget from our earnings and do our best to make that budget work for us in meeting our needs and that of our family. This is to ensure that we will be able to cover our expenditures and be able to save, even just a little, for...
by Matt Reece | Sep 2, 2021 | Business Advice, Finance, Small Business
What is working capital? A working capital is the difference between the current assets and current liabilities of a business. This is a measure that is useful to businesses in order for them to be able to measure the ability to complete their day-to-day operations,...