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  • While your risk of being audited is low and likely to stay low according to the IRS commissioner*, it’s still scary to think you may find yourself under the IRS microscope. Can you avoid this? Maybe. Will knowing your risk factors put you more at ease? Hopefully.  Here are 5 factors that...
    Industry Word - April 16, 2015 - 0 comments
  • Did you know that more than 95 percent of the world’s consumers live outside the United States? That’s a staggering number – and perhaps even more so is this figure: only one percent of U.S. small businesses are selling to those consumers.The benefits abound when it comes to...
    Managing a Business - April 15, 2015 - 6 comments
  • During this past weekend Nate Yohannes, my Senior Advisor, and I did the startup pitching rounds in our nation's capital.On Friday night Nate was a judge at Mark Cuban's Recess, the college version of ABC's Shark Tank ("from dorm room to board room"). Recess is a music...
    SBA News and Views - April 14, 2015 - 2 comments
  • The U.S. Small Business Administration (SBA) has taken a dual approach to sustainability this Earth Day. The SBA is leading by example by reducing the environmental impact of our own operations while continuing to offer resources to small businesses who are interested in “going green.”...
    SBA News and Views - April 14, 2015 - 3 comments
  • There are various factors to consider when deciding to use credit for your business. The most crucial and overlooked component is can you afford to use it? Every business’s credit needs are different. Many small business owners have the misconception that if business credit is granted to them...
    Industry Word - April 14, 2015 - 1 comments
  • One year ago, I took my oath to lead the U.S. Small Business Administration (SBA), the federal agency chartered by Congress in 1953 to support America’s entrepreneurs.Our country was founded by fearless pioneers who crossed an ocean in search of new opportunities. Nearly two and a half...
    SBA Administrator - April 13, 2015 - 5 comments
  • The goal of every small business owner is growth, but with growth comes more responsibilities and more work. You may already juggle being the boss, accountant, office manager, maybe even janitor, but at some point, you realize you can’t do it all. Finding a new team member can be a daunting...
    Industry Word - April 09, 2015 - 4 comments
  • April is National Financial Capability Month!According to the findings of a 2014 Intuit study, more than 40 percent of U.S. small businesses consider themselves financially illiterate. Yet, 81 percent handle their business’ finances. April is National Financial Capability Month, so now is a...
    Financing - April 08, 2015 - 4 comments
  • The day after the NCAA Championship game (this year Duke v Wisconsin) is always fun because people talk about the entire tournament, a celebration of our universities’ most capable athletes.  The people I saw today had a lot to say on that front, but we focused on the business at hand...
    SBA News and Views - April 07, 2015 - 0 comments
  • With more and more customers contacting companies online, it may seem as if your business phone doesn’t matter much anymore. But if you aren’t taking advantage of the many ways your company’s phone can be used as a marketing tool, you’re selling your business short. Your...
    Industry Word - April 07, 2015 - 7 comments

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