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Overwhelmed by Taxes? How Small Businesses Can Ease Their Tax Burden

As the year begins to wind down, it’s time to turn our attention to the 2010 tax season. For many small business owners emerging from such a difficult economic year, the mere thought of taxes may conjure up a hearty serving of distress and anxiety.   (Image Credit) But the truth is that the IRS [...]

How to Save Money on Business Travel Expenses

The cost of business travel can really add up, especially when travel is a frequent part of doing business, and it can put a great deal of strain on tight budgets. Here are a few simple ways your small business can save money on business travel expenses without cutting back on trips: Renting Cars (Image [...]

10 Factors that Cause Small Business Lenders to Reject a Loan Request

Even as the economy shows subtle signs of a future recovery, many economic experts agree that it is far from over and that spells bad news for small businesses in search of financing. Lenders continue to be tight-fisted when it comes to extending credit, and this dearth of financing has dealt a tremendous blow to [...]

Top Small Businesses Financial Accounting Mistakes

It is common among cash-strapped small businesses for the owners and their employees take on many responsibilities simultaneously. The job of financial accounting and general bookkeeping thus often goes to someone within the business who has not been formally trained for the task. Though this may be an effective way to reduce expenses, it could [...]

Creating Flexibility in Your Employee Work Schedule to Cut Costs

Even as the economy shows signs of revival, several economic indicators, such as consumer confidence, consumer spending, and the nation’s unemployment rate, suggest that it will still be a tough road ahead for many small businesses over the next few months. (Image Credit) Those small business owners looking for ways to get through this difficult [...]

A Look at How Retailers Can Weather the Recession

According to recent research, retail sales have fallen over the last month even as the back-to-school shopping season gets into high gear, and industry forecasters claim that this does not bode well for the upcoming holiday season either.   (Image Credit) So the looming question for retailers big and small continues to be how to [...]

Going to Small Claims Court to Recover Outstanding Business Debt

If you are thinking about going to small claims court to recover an outstanding debt owed to your small business, you may want to think again. The point of small claims court is that it gives the involved parties a chance to settle disputes while avoiding any more expensive and complicated court procedures later on. [...]

SBA Lending: Small Businesses Still Waiting to be “Stimulated”

It all seemed so promising… Last year, Senator John Kerry’s Small Business and Entrepreneurship Committee managed to not only save several small business loan programs that were effectively reduced or completely nixed under the President’s proposed 2009 budget, but they also managed to secure over $100 million in additional funding. This additional funding was supposed [...]

The Best (and Worst) States to Start and Run a Small Business

As the recession continues to drone on, stilted consumer spending coupled with restricted (and in many cases nonexistent) credit markets have made it rough going for numerous small businesses and start-ups. At such times, seeking shelter in a business-friendly environment, can mean the difference between success and failure, growth or stagnation. Virginia is Pollina Corporate’s pick [...]

21 Famous Corporate Bankruptcies from 2001-2009

As a tidal wave of business and consumer bankruptcies continues to drown our economy, those who have taken (or are considering) the bankruptcy plunge should at least know that they are not alone. In fact, since the turn of the century the U.S. has seen some of the biggest corporate bankruptcies ever. The following is [...]