Small- and medium-sized businesses (SMBs) too want to cash in on the festival month, where India spends on clothes, food, and various consumer products. But for these SMBs, stocking up to meet the increased demand requires working capital. However, given the effects of economic slowdown reaching even small businesses, finding the funds to stock up is a challenge. This is ... Read More »
Companies can raise capital in a variety of ways. To keep growth increasing, many startups and smaller ventures go to the bank for a loan. Lines of credit, venture capital, angel investing and other methods exist as well, but a straightforward loan has always had the biggest advantages for a young company. Since 2008, the lending industry was forced to ... Read More »
Historic tax cuts for American small businesses could be just around the corner. In an announcement at the White House today, Treasury Secretary Steve Mnuchin unveiled proposed sweeping reforms to the tax code for all U.S. businesses. At the same time, President Donald Trump’s chief economic advisor Gary Cohn presented proposals to overhaul the personal tax code. That would impact millions of ... Read More »
It’s no secret that people are addicted to their smartphones. In a Time Magazine/Qualcomm study, 68% of people said they sleep with their mobile phone next to the bed. When they wake up, they check their phone within the first 15 minutes, most often to read or send texts, a Deloitte survey found. Our mobile phones are never far away from us, and ... Read More »
Numerous studies have found that many small businesses have a limited number of employees. And there seems to be a dearth of specialists within their ranks too. That’s especially true of finance professionals. Small Businesses and Finance Professionals New data from Indeed shows that only 22 percent of the finance jobs openings posted with the employment service were from small ... Read More »
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