You Are Browsing ‘Finance’ Category

For entrepreneurs, small business payroll is a weekly chore that can breed costly mistakes. Inaccuracies can lead to both short-term financial losses and much costlier long-term tax problems and penalties. Payroll entails handling the most sensitive information that both you and your employees possess. Payroll problems are the final straw that sinks many businesses. Doing it yourself comes with pros and cons, as does outsourcing. Follow this guide to making payroll as quick and painless a process as possible. Outsourcing The simplest...

One of the earliest challenges faced by all entrepreneurs revolves around small business finance. No matter how great an idea you’ve had an no matter how well thought-out your business plan, you’ll need to source some start-up funding in order to get your fledgling company off of the ground. Different entrepreneurs take different approaches to start-up finance; some will pursue crowd funding, others will borrow money from their friends and relatives, many will turn to the high street banks for business loans while still others will...

Garage Liability Insurance is generally purchased by people who own an auto service center, automobile dealership or repair shop. This kind of insurance takes care of liability for the property, products and operations and covers property damage and bodily injury consequential from the functions of an auto garage. Any damages must be a result of an accident during normal garage operations concerning the ownership, maintenance or use of covered vehicles. When customers leave their cars with you in your garage, they are putting their trust...

An escrow is an agreement between two transacting parties which involves an independent third party. The third party holds certain assets that can only be released when criteria set down in the contract are met. Typically this involves sums of money. A simple example is the security bond that is payable when you rent a property. In the UK, if you rent your home on an assured short-hold tenancy, your landlord is obliged to place the bond in one of a number of recognised tenancy deposit protection schemes. At the end of the tenancy you...

Life insurance is well known as a tool that all individuals and families need. Life insurance provides benefits to loved ones in the event of the passing of the life insurance policy holder. Life insurance is one of the tools that can help families make it after the passing of a loved one. A person directly through a life insurance company or company such as Kanetix can purchase life insurance. Life insurance policies can also be purchased through companies. Some businesses will offer life insurance while others may not. There are a number...

You got into business to make money, not to keep track of it. You want to run your business, not count beans. But there is one undeniable fact that you’ll never be able to get around: If you have more money going out than you do coming in, you’re not running a business – you’re running a charity. Finding the right software is the single best strategy to making sure your business stays under budget. Here’s a guide to buying budget software. The Right Software What’s the best budget software? The answer...

Did you ever have a dream and not know what to do to finance it? Did Financing stop you dead in your tracks? That may be where the limiting belief “It takes money to make money” comes from. I know it has happened to me. But there is good news for any person who has a dream, yet not enough money to see it through. The answer is called Crowd funding of which has been around for many years, just not available the way it is like today with the internet being so prolific. I’m going to explain how crowd funding works and give...

Are you struggling with debt and thinking of filing for bankruptcy? Well, the decision to make such a crucial step should not be taken lightly and both the benefits and the negatives of its consequences should be carefully taken into account. Weighting up the various alternatives is essential when attempting to save your business and to plan for minimal loss along the way. A curious notion to consider is that as long as you have good earnings and you keep good credit history within two years after the bankruptcy, you will be able to enjoy...

Owning a small business can make doing your taxes more difficult than if you worked for someone else. However, small business owners also have many more opportunities to write off their normal expenses. It is important to be familiar with the tax code before attempting to do your own taxes. Many small business owners are use to filing their own individual taxes and are likely to attempt to do their business taxes as well. Before filing your taxes, you should know a few things. Deductions There are many ways to get the most deductions...

If you or a family member has been involved in an accident, you will be well aware of structured settlements and the many benefits it brings. However, many find themselves in debt due to unexpected medical bills, long term unemployment and other misfortunes. It has subsequently become common to sell structured settlement payments, which can alleviate the financial burden. I have often been asked “how do I sell my structured settlement?”, and the answer is straightforward; look for a highly regarded company that will offer you the...