October is National Women’s Small Business Month, and it marks the perfect opportunity for women to start their own business.
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How to Qualify for an SBA Loan
One of the most popular financing sources for small businesses in the US is securing an SBA loan. In fact, during the fiscal year 2022, the SBA approved over $43 billion in annual small business funding. However, these loans are known for their stringent eligibility criteria, and the challenges in loan qualification requirements make it… Read more »
READ THE STORYA Guide to Small Business Tax Deductions
It’s no secret that a small business owner’s plate is overflowing with responsibilities leaving little to no time to decipher the intricacies of tax codes. Many small business owners, unfortunately, struggle to maximize their tax deductions because they’re too engrossed in managing their company or may just be unaware of the latest opportunities. Each year… Read more »
READ THE STORYFixed and working capital are both vital to a small business, but only one is crucial for long-term growth. We’ve outlined the major differences.
READ THE STORYHow to Avoid Debt Relief and Credit Repair Scams
Have you received a telephone call, email, or physical mail solicitation from a debt relief or credit repair agency? When you have a mound of debt that you feel you will never get out from under, that solicitation promising to settle your debt for pennies on the dollar can be very tempting. But have you… Read more »
READ THE STORYNet Income vs. Net Revenue: What’s the Difference?
Learn about the differences between net income vs. net revenue for small businesses.
READ THE STORYOne of the most popular financing sources for small businesses in the US is securing an SBA loan. In fact, during the fiscal year 2022, the SBA approved over $43 billion in annual small business funding. However, these loans are known for their stringent eligibility criteria, and the challenges in loan qualification requirements make it… Read more »
READ THE STORYBest Small Business Loans for Your Trucking Company
There are different types of trucking businesses thriving in the trucking industry. They can be classified by route, such as local, regional, or national carriers, and they can also be classified based on the type of load shipping, such as LTL (less than truckload), FTL (full truckload), reefer (refrigerated goods), white glove (special handling), and… Read more »
READ THE STORYHow To Get Trucking Business Loans
With over 500,000 trucking businesses in the United States, it is one of the country’s most competitive industries. As of 2020, the U.S. trucking industry was valued at $732.3 billion, with 902,000 truck drivers employed. But therein lies a problem. With about 900,000 drivers to 500,000 businesses, there are fewer than two truckers for every… Read more »
READ THE STORYStarting a small business is a massive but rewarding undertaking. Here are the top 5 tips on how to successfully start a small business.
READ THE STORYWhat you Need to Know About Semi-Truck Financing
If you are looking for ways to finance a semi-truck, this guide will help. Find out how to select the right semi-truck loan terms, what to look for in a semi-truck financier, and common mistakes to avoid while taking a commercial vehicle loan. What is Semi-Truck Financing? You can take a truck loan to… Read more »
READ THE STORYSelling a Small Business: 8 Things to Know – The Bottom Line
Just like owning and operating, selling requires long hours and hard work but can be extremely rewarding in the end.
READ THE STORYIt’s no secret that a small business owner’s plate is overflowing with responsibilities leaving little to no time to decipher the intricacies of tax codes. Many small business owners, unfortunately, struggle to maximize their tax deductions because they’re too engrossed in managing their company or may just be unaware of the latest opportunities. Each year… Read more »
READ THE STORYA Guide to the Section 179 Deduction
If you’d like to use the Section 179 deduction to buy business equipment, make sure you understand the latest rules. Here are the key changes for 2021.
READ THE STORYBonus Depreciation vs. Section 179: What’s the Difference?
The difference between Section 179 and bonus depreciation may seem subtle, but understanding the key details will help you get the largest tax break.
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