Take Control of Your Start-Up With Self-Financing

Take Control of Your Start-Up With Self-Financing

Self-financing is the most widely used source of small business capital. Savings, home equity, and/or borrowing against cash-value life insurance can provide the necessary up-front investment. They can also help you acquire equipment and supplies or help pay bills when during periods of slow cash flow. These sources may be entirely under your control, but…

Ask The CPA: Tax Advice for Small Businesses

Ask The CPA: Tax Advice for Small Businesses

You’ve got tax questions. We’ve got tax answers! With the fast-approaching April 15 deadline to pay federal taxes, please watch this timely SCORE webinar replay when we answered your questions regarding tax preparations for small businesses! Micah Fraim and SCORE webinar producer Steve Jarriel fielded questions submitted by audience members in this lively “internet talk…

What's a Small Business Worth?

What’s a Small Business Worth?

At first glance, this may sound like a difficult and infrequent question to answer. But it’s an important one if you’re considering taking on a partner, issuing stock, or selling the enterprise. If you’re in the market to buy an existing small business, you want to know exactly what you’re paying for, and how that…

A Business Plan Can Make Or Break Your Small Business

A Business Plan Can Make…or Break…Your Small Business

“What went wrong?” Entrepreneurs often ask this question when their small business dreams fail to materialize, or they encountered problems that in hindsight might have been preventable. Often, the problem can be traced to a flaw in their business plan. Critical issues weren’t fully thought out or, even worse, weren’t even considered because the entrepreneur…