Finance for Small Businesses
Learn more about the resources available for Finance.
Learn the unclaimed property rules and their time limits for the state of Illinois.
While few entrepreneurs start their own businesses because they're fond of paperwork, recording your day-to-day sales, purchases and other transactions is a must. Learn where to record what, and how often to do so.
Keeping track of your cash, payables, and records can challenging. Find out the most efficient ways to keep your money and your records in line and updated appropriately.
October 1, 2015 is the EMV liability-shift date, a game-changing deadline for brick-and-mortar retailers, restauranteurs, and service providers that take credit cards. This means merchants who aren't equipped to accept chip-enabled credit cards will be liable for fraudulent charges.
Many types of trusts are used in estate planning. Common trust aspects include revocable vs. irrevocable, and, living vs. testamentary.
Business owners should be familiar with trusts, which are commonly used in estate planning. Trusts provide a great amount of flexibility and are extremely useful in planning to provide for loved ones.
While equity crowdfunding is still in the future, company's needing capital now can begin to explore advertising as a means to reach potential investors.
The 21-cent swipe fee that bites into your profits each time a customer pays with a debit card will be replaced with a fee that more accurately represents the actual cost of the transaction. A federal district court judge found the calculation of the amount to be fundamentally flawed and vacated the Federal Reserve Board regulations that established it. However, the regulations will remain in effect until a new fee structure can be put into place.
Planning should be done not only for tax reasons, but also for nontax reasons. A failure to plan can make a stressful situation even worse for loved ones and family. Getting acquainted with some commonly used documents in estate tax planning can help facilitate discussions with advisors about available options.
With the year more than half over, now is the time for a business check-up. Follow these five guidelines to see how your business’ finances check out—and how you can improve them.
Finding investors and funding for start-ups and for social impact businesses can be difficult. The Small Business Administration recognizes this and has pledged increased funding in fiscal year 2013 for the Small Business Investment Company's Early Innovation and Social Impact programs.
A startup’s entity choice and financing options affect other aspects of the business, including its long-term fate. Familiarizing yourself with some differences among various entities should help when talking with your professional advisors about how to set up and finance your business.
Crowdfunding involves many people contributing toward the funding of a specific project or goal. Because it involves small contributions from a large number of people, it provides a creative alternative to seeking large contributions from only a few sources. People contribute to crowdfunding campaigns for a variety of reasons, such as helping someone achieve a dream or complete a valuable and worthwhile endeavor. This "cash from the crowd" concept has been used to fund projects ranging from artwork to building renovations.
As the new year approaches, take a few simple steps to ensure your bookkeeping practices are up to par.
The end of Q3 is the ideal time to learn where your business stands, whether it’s on target to hit predictions and what common business mistakes you might be making.
Now that business owners may be able to charge customers for charging their purchases, entrepreneurs need to evaluate their credit card policies.
If you are struggling under the terms of your existing commercial mortgage or want an infusion of working capital into your business, the SBA 504 refinancing program might provide the answer you need. But you must act by mid-August if you want to have your paperwork approved before the program ends September 27, 2012.
Watching the bottom line on seemingly minor expenses can add up to big savings over time.
An overview of the accounting principles and practices that small business owners need to be aware of when preparing financial statements and tax returns, whether done monthly or annually.
'Improving Your Debt Collection Practices' gives an overview of different methods to use when chasing down debtors and the overdue bills owed to you.