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Interest rates sure to rise next year...

With interest rates sure to rise next year, is now the right time to borrow? If you're going to need that money, you'd better think seriously about it. You don’t need a crystal ball to conclude that interest rates will rise significantly…

The Benefits of Leasing over Buying

To lease or to buy, that is the question faced by businesses across the country. Here are a few things to consider when trying to decide if leasing is a better option than buying. Tax Advantages: One of the most significant advantages to…

SMALL BUSINESS TAX CHANGES FOR 2014

Here are the small business payroll tax and other business tax changes in effect for 2014 that you need to know about. Included in this list are changes to the Social Security maximum, IRS standard mileage rates, and new additional Medicare…
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Small Business Loans: Are You Paying Too Much?

Chances are, as a small business owner, you know that getting a bank loan isn’t very easy these days. In fact, the number of small business loans in the United States still remains at below pre-recession levels. One big reason for this…
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Is Equipment Leasing The Right Choice For Your Business?

Simply put, equipment leasing is an alternative type of business loan. The leasing company buys and owns your choice of equipment and then basically rents it to you at an agreed upon rate for a specific number of months.   Traditionally,…

13 Myths about Entrepreneurship

1. It’s all about profitability. It’s not. It’s about positive cash flow. You go bust through lack of cash, not profit. 2. Websites are the responsibility of marketing people. Wrong. Today the website is the responsibility of the…

The Difference Between Successful and Very Successful People

I recently met with a capable and driven executive and asked him, “How are you?” He gave me a rapid-fire answer of all of the things he was doing: travelling, business updates, career changes and his children’s innumerable activities.…

I could be nuts...

I recently heard this comment from a prominent business person at a business mixer. “Why would any business borrow money to expand when there is so much uncertainty in the economy? We don’t know what is going to happen in Europe, with…

Treat Referrals like a Sales Force not a Happy Accident

No matter how you slice it – referrals are still every small businesses best source of new customers. But think about the last time you got a referral – what happened? Someone called you up and mentioned a previous customer’s name. They…