Money & Finance

Surety Bond Basics for New Entrepreneurs

Today we have a guest post from Kristen Bradley of SuretyBonds.com. She shares information on how surety bonds work and how to purchase a bond if it’s required in your industry: Simply having a great idea isn’t enough to succeed given the current struggling economy and competitive business market. To …

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Financing Your Small Business

Finding money can be one of the biggest hurdles for a small business owner. Whether you desire to open a chain of restaurants or an Internet-only business, capital is required to fund your dreams. Here we will explore the different types of funding available to you: Debt financing includes any money you will pay back. It does not require you to give up equity in your company and can be a good choice for entrepreneurs who have not been able to attract the attention of investors. This type of financing...

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Always Charge What Your Time Is Worth

For many new small business owners, one of the hardest things to figure out is pricing. This is especially true for service-based businesses that charge by the hour. I know I've been kept up at night after sending off a proposal wondering whether I charged too little or too much. I say no more of this. I declare 2010 the year to stop second-guessing your pricing plan.

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It’s Tax Time Again

Tax season is upon us. Since I’m sure we’re all busy gathering our documents and preparing our returns, I wanted to provide links to two articles that might help. The first, from TurboTax.com, gives the new business owner a list of tax issues to consider when getting ready to file. …

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Understanding Small Business Taxes

Tax season is upon us. For most of us it’s the time we gladly pull out our old receipts and calculate how well we did with our businesses last year. For others, it’s a season of dread. Below, we have compiled three key resources to help make your tax preparation …

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Collecting Unpaid Debts

Mr. Man seemed like the perfect client. He found you through your latest advertising campaign and was eager to work with your company. After meeting at his office, he immediately signed the contract and gave you a deposit. You fulfilled the product or service order in record time and are sure this project will be closed out in the next month. Great turnover, right? Fast forward to 4 months later...after numerous phone calls, e-mails, and invoices, Mr. Man has STILL NOT paid his remaining balance. In some cases Mr. Man will even start to deny he owes you. In other cases he will complain that your product or service was substandard and insist that he should not pay (despite the glowing comments he gave your work before). What should you do about this?

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