- Will you have enough cash coming in?
- Will you be able to turn a profit?
- How are your money management skills?
Learn more important tips such as factors that affect getting a loan, how to keep good records for the IRS, and financing alternatives.
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Business owners, experts at managing their own business, are often at a loss when it comes to understanding how potential lenders make decisions about whether or not to extend credit to a business.... more
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What Specifically does the Internal Revenue Service Require? Generally, the IRS does not require any records to be kept, provided the taxpayer can truthfully certify on their income tax returns that
Posted by attorney Christopher Thayer.
Use a detailed and comprehensive credit application for all customers. If your business is extending credit to the customer (including providing products or services without receiving payment in adva
Posted by attorney Michael Shavel.
Streamline immediately Cut unnecessary expenses. Examine all aspects of the business. Review historical records to ascertain thoses expenses that have and have not proven to be of value to the bus
Posted by attorney Mark Pillsbury.
Give up on traditional funding sources, for now !? The present credit crisis has crippled our banking system: many say the major banks are insolvent. The loan process is much more strict and cumbers
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Consequences to Not Observing Corporate Formalities - Loss of Tax Deductions and Limited Liability Businesses incorporate for two main reasons: tax benefits and limited liability. However, in order
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