Selling Your Small Business in 2014
For the first time in a long time, the market is shifting in favor of business owners looking to sell. According to BizBuySell Insight Reports, small-business sales were up 49 percent in 2013 compared...
View ArticleAvoid a Crowdfunding Backlash When the Crowd Gets Ugly
When Brooklyn, N.Y.-based Kickstarter came onto the scene in 2009, it promised to upend the age-old traditions of funding art projects. Instead of seeking wealthy patrons or government grants, creative...
View ArticleIs Profit-Sharing Right for Your Small Business?
Profit-sharing? You want me to share my hard-earned profits with people who haven’t invested any capital in my company? Yes, perhaps. Profit-sharing can increase employee productivity and morale while...
View Article4 Solutions for Common Small-Business Money Mistakes
Tax season may not be your favorite time of year, but it can provide a catalyst for identifying and addressing any financial missteps you’ve taken over the past year. Here are four common financial...
View ArticleWhy Cash Flow Is King (and Other Lessons in Small-Business Finance)
Nearly a third of new employer firms fail within the first two years [PDF], according to the Small Business Administration. There’s no single reason for their failure. But after working with hundreds...
View Article5 Tax Tips for Deducting Travel Expenses
Business travel can be a lot of things: exciting, tiring, profitable, and — if you don’t properly manage your expenses, per the IRS — taxing (in the financial sense). When it comes to deciding what to...
View ArticleDisenfranchised: How to Get Out of a Bad Franchising Agreement
Buying a franchise can be a lot like getting married: Your courtship is blissful, so you seal the deal and then enjoy a fruitful honeymoon period. But then, at some point, the relationship sours — and...
View ArticleGoing Organic Adds Value to Hand-Printed Clothing Line
Artists and serial entrepreneurs Jan and Gary Stephens have long taken pride in their ecological lifestyle. The couple lives “off the grid” outside Willits, Calif., in a passive solar envelope house...
View Article4 Business Rules You Can Safely Break
When it comes to certain aspects of running a business, such as withholding employee taxes, it pays to follow the rules. In other areas, however, straying from standard practices might be a smart move....
View ArticleShould Your Small Business Accept Bitcoin?
Bitcoin has made quite a few headlines lately. This is thanks, at least in part, to the somewhat spectacular failure of Japan-based MtGox, one of the world’s largest exchanges. Hundreds of millions of...
View Article5 Licensing Lessons Every Inventor Should Understand
Americans have long admired inventors, those gadgeteers intent on thinking up the next big thing. From Ben Franklin, who tinkered with eyeglasses to create bifocals to Fulton’s steam engine, Bell’s...
View Article5 Questions to Ask Before Refinancing Your Small-Business Loan
When it comes to financing or refinancing their loans, small-business owners often face an uneven playing field. Financiers work with loans, loan terms, and loan documents day in and day out. But, for...
View ArticleMentors Give Entrepreneurs a Leg Up in Business
When successful small-business owners talk about how they got started, they often have one thing in common: mentors. Some have gotten informal support from friends or colleagues, but many more have...
View ArticleWhy Your Small Business Needs Cyber Insurance
Sometimes small-business owners feel invisible compared to more established brands. But when it comes to cyber crime, your business is just as visible — and vulnerable — as any Fortune 500 concern....
View ArticleUSDA Earmarks $150 Million for Rural Businesses
Small town (or even no town) America, listen up: Uncle Sam has up to $150 million ready to invest in your rural business. As part of the White House Rural Council’s “Made in Rural America” initiative,...
View ArticleHow FamilyStickers.com Jumped in Through the Rear Window
It may be the biggest American on-road phenomenon since the creation of the interstate highway system. Spreading as fast as kudzu along U.S. roadways, stick figure decals depicting family members stuck...
View ArticleInnovative Bike Light Company Swims With Sharks and Comes Out a Winner
When you have a solid business idea, you sometime need to turn to multiple sources of funding to transform it into a going concern. For the founders of one California business, this even meant pitching...
View ArticleHow Startups Get Started and Succeed [INFOGRAPHIC]
It seems every day there’s another story about a successful startup cashing in on the latest tech trend. And yet for every success story, there are far more examples of failed attempts trailing in its...
View ArticleHow to Deduct Charitable Contributions Made by Your Small Business
Giving to charity is easy — and can be a great marketing tool. But claiming donations on your taxes is more complicated. If you want to claim a business tax deduction for your charitable giving, you’ll...
View ArticleSBA 7(a) Loans Explained
Looking loan for your small business? The U.S. Small Business Administration has programs for qualifying small-business owners that might make securing a loan a lot easier. The most common of these SBA...
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