Published February 10th, 2009 at 3:55 am in Business Finance with no comments
Tagged with Business, Credit card, Finance, Financial Services, Loan, Payday loan, Predatory lending, United States
photo credit: wilhelmja
The Working Capital Journal is one of several commercial financing resources which should be reviewed regularly by small business owners to assist in keeping up with the imposing difficulties posed by rapid changes in the business finance funding climate. As noted below, there have been some surprising actions taken by lenders as a direct result of recent financial uncertainties. The increasingly complex and confusing environment for working capital finance is likely to produce several unexpected challenges for commercial borrowers.
The working capital finance industry has primarily been operating on a regional and local basis for many years. In response to cost-cutting that has permeated many industries, there has been a consolidation that has resulted in fewer effective commercial lenders throughout the United States. Read more of this >>
Published February 10th, 2009 at 3:52 am in Business Finance, Business Strategy with no comments
Tagged with Business, Business and Economy, Canada, Financial Services, Investing, Mutual fund, Registered Retirement Savings Plan, Small business, Tax-Free Savings Account
photo credit: we-make-money-not-art
With the new TFSA account becoming available to Canadians in the 2009 tax year, many business owners are interested to find out how this account may be beneficial for not only their own financial future, but also that of their business.
TFSAs Primary Benefits
There are several financial benefits of the new TFSA accounts that small business owners should take into consideration.
1. Tax free investment growth- The funds inside of the TFSA will grow on a tax deferred, tax free basis. Any account activity, capital gains or dividends will be treated on a tax free basis which is an attractive feature for active and passive investors. Read more of this >>
