Tax-saving benefits are generally available when your business puts newly acquired qualifying assets into service. Under Section 179 of the tax code, companies can take substantial depreciation deductions, subject to various limits adjusted annually for inflation. Another potential write-off is for first-year bonus depreciation. Like the Sec. 179 deduction, bonus…
Approval of your loan request depends on how well you present yourself, your business and your financial needs to a lender. Remember, lenders want to make loans, but they must make loans they know will be repaid. The best way to improve your chances of obtaining a loan is to…
Table of Contents How Can I Raise Money For My Small Business? What Types Of Loans Exist For Business Financing? What Do Banks Look For When Considering A Loan Request? How Do I Write A Good Loan Proposal? How Can I Raise Money for My Small Business? Even though, raising…
When buying commercial property, you need to produce money quickly to beat out your competitors. What’s the best way to do this? You certainly don’t want to start with a traditional bank loan, but there are other financing options available. Here, you’ll learn what bridge loans are and when they…
Starting your own business may be your lifelong dream. It’s the culmination of hard work, meticulous planning and tremendous sacrifice. The real fun and challenge is just beginning. If you’re starting this business with a partner, it’s important that you see eye and that you have the same goals and…
