Posts Tagged“finances”

Self-Employed? Here’s How to Cut Costs

If you are self employed, chances are one of your problems is finding out how to cut costs. When you incur too much expense in your business, you will not take much profit home at the end of the day; and even if you are sitting pretty, it is always a good idea to know how you can reduce expenses and save money in case something goes wrong in the future. Know the expenses you can deduct from your tax As a self employed individual, there are certain expenses you are allowed to deduct when you submit your tax. This…

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What To Do When Your Business Owes Too Much

Starting your own business is a dream come true for thousands of entrepreneurs, whether you’re turning your passion project into your profession, opening a restaurant, or taking your skills and starting your own firm. But it’s a risk – that’s what being an entrepreneur means. Many businesses wind up shutting down when their owners get in over their heads in debt, with their assets sold off and creditors in line to claim the proceeds. The key to surviving in business is knowing where you stand and predicting trouble before you’re in it. The sooner you know you can’t handle your…

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Where Do You Turn When Your Business Needs Cash?

Have you looked at your financial books lately? For any small business owner looking to not only stay in business but grow that business, finances mean a ton. Unlike many larger companies able to withstand some rough financial patches, smaller companies tend to have much less room to struggle. If the latter companies get into a period of slow business that can sometimes spell doom when all is said and done. So, where does your small business turn when cash is of greater importance? Checking Your Financial Options In the event your current cash flow is slower than anticipated, you…

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