Another Business Helped by Merchant Cash Advance

John was worried.  He needed cash to get the tech experts in to take his business to the next step.  John had done his homework, and knew that if he could have certain code written on his business website, it would generate revenue three times his costs.  Without those website revisions, his business sites would…

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Good RecordKeeping = Good Business

Small business owners do everything from product design to janitorial work.  No wonder they sometimes struggle to keep up with recordkeeping.  Good records are vital to help business owners in the following: Monitor the progress of their business.  The decisions made daily in business can be instinctual or based on actual sales.  Those based on…

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Small Business Owner: Learn if You Can Claim this Deduction

In a gig economy, there is an important deduction for small business entrepreneurs:  Your home office deduction.  In general, if you work out of the home, you may use this deduction… When the following applies: As your main place of business. As a place of business where you meet patients, clients or customers in the…

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End of Assignment Evaluations For Effective Management

In our experience based market, are you asking your business customers for immediate feedback?  Are you giving your vendors feed back too?  Just as importantly, are you giving your employees evaluations of their participation in group and individual assignments as soon as the assignments are completed?  Annual evaluations occur long after the undesirable behavior has…

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Business Tax Rules Changes

Small and Medium Businesses, especially, need to know about changes in Tax rules from the Tax Cuts and Jobs Act (TCJA).  New flat 21% tax rate for corporations.  The rates before TCJA was enacted were 15%, 25%, 34% and 35%.  Personal Service Corporations paid a flat 35% rate.  Beginning in 2018, Corporations pay a flat…

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IRS Using Private Debt Collection for Overdue Taxes

Four collection firms have been contracted by the IRS’ new private collection program of overdue federal tax debts.  The groups are CBE Group of Cedar Falls, IA, Conserve of Fairport, NY, Performant of Livermore CA, and Pioneer of Horseheads, NY.  Each taxpayer or business tax account which owes these certain types of overdue federal tax…

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Just What is a Merchant Cash Advance?

A Merchant Cash Advance, also called an MCA, is a way to forward money today that you will earn tomorrow.  It doesn’t work like a traditional business loan but is much easier and faster to access. If you need instant cash, say for immediate equipment repair or replacement, and you know, based on your history,…

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Target is Partnering With Disney?

Target is Partnering with Disney?  Yes. And it’s brilliant. Doug Chapek, Disney parks chairman said “theres about a 90 percent overlap between the two company’s customers.”  Target CEO Brian Cornell referred to Disney as “among our largest and most admired [brand] relationships.”  When Disney opened its stand alone stores back in 1997, the declining economy…

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5 Ways to Tell if Merchant Cash Advance is for You

Merchant Cash Advance is emerging as financing too for many businesses.  Obtaining a Merchant Cash Advance (MCA) is fast and fairly easy, even for business entrepreneurs with credit dings.  Delivery of cash when it is really needed makes MCA’s incredibly attractive to small business owners.  The timeliness keeps the cash relevant to the need.  …

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