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  • It’s common for companies to pay for employee meals under a variety of circumstances. They may be on the road for company business or in your lunchroom snacking. From a tax perspective, the circumstances under which you furnish food determine the extent to which you can write off your costs....
    November 19, 2014 - 0 comments
  • Veterans bring lot of great things to the table.They’re trained, disciplined, focused and they already know how to obey rules.The ability to follow the rules goes a long way in franchising. That’s because the franchise business model is a rigid one; there are a lot of rules. There...
    November 18, 2014 - 1 comments
  • Building business credit is just as important as building and taking good care of one’s personal credit. In the business world, a company does not have a consumer FICO® Score. Instead, it has business credit scores, ratings maintained and calculated by business credit reporting agencies....
    November 17, 2014 - 3 comments
  • The small business topic that aspiring or current entrepreneurs most often approach SCORE about is writing a business plan. From laying the groundwork for a successful new startup to seeking justification for funding growth, the reasons for writing a business plan abound but the value of doing so...
    November 06, 2014 - 4 comments
  • For retailers, this time of year is a hum of activity preparing for holiday sales. While B2B companies may find the holidays a slowdown, rather than a time of intense activity, smart B2B entrepreneurs will seize the season as an opportunity to build relationships with customers. What better way to...
    November 04, 2014 - 4 comments
  • Having cash on hand is critical to staying afloat. In fact, profitable companies go broke because they had all their money tied up in assets and couldn’t pay their expenses. Working capital is critical to business health. Unfortunately, we don’t see the cash implications as clearly as...
    October 28, 2014 - 11 comments
  • Are you thinking about starting a business?If you’re like many people, starting a business is a cherished dream. Sure, you can see yourself doing what you love and creating something for yourself and your family. But maybe the actual step forward eludes you.What’s stopping you is...
    October 23, 2014 - 9 comments
  • Before you sign on the dotted line for that franchise you’ve been investigating, it’s important to make sure you have asked existing franchisees some key questions.Most of the people I talk with focus on earnings; it’s totally natural to want to know how much you’ll make as...
    October 21, 2014 - 5 comments
  • From time to time, an employee going through a rough financial patch may turn to an employer for help. As member of your small business family—which is how many owners view their staff—you want to be helpful. But lending money to an employee should only be done after considering all the...
    October 16, 2014 - 10 comments
  • Small business owners, on average, spend 33 hours seeking credit. Why so long? That’s valuable time during the startup phase! When it comes to choosing the right way to fund a particular business idea, many find themselves overwhelmed with all the options available. Especially in recent years...
    October 09, 2014 - 2 comments

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