Reduce your tax payments by claiming an interest payment deduction.If you are busy paying off your student loans, the last thing you want to do is to pay interest on the money that you're about to give right back to the government. Luckily, in a lot of cases you should be able to deduct the amount of interest that you paid on your student loans. Deducting interests on student loans is not very difficult to do as long as you make sure that...more
Do you know what "proceedings supplemental" are? If you are in the business of collecting judgments in Indiana, and from time to time virtually all secured lenders are, then the June 27, 2007 opinion by the Indiana Supreme Court in Rose v. Mercantile National Bank, 2007 Ind. LEXIS 471 provides a great primer on the subject. Facts of Rose. Plaintiffs sued an S-Corp, and the trial court entered judgment against S-Corp for $159,581. During the...more
Decision Finance was formed in early 2000 and is the trading name for Xbridge limited an online commercial, business, and financial intermediary for small to medium sized businesses. DF has the backing of Prudential PLC, Boston Consulting Group and Linklaters and Alliance, so you can be sure that with Decision Finance loans, you are being protected by some of the leading names in the financial industry. Over the years, as the needs of customers have grown, so has Decision Finance by offering ever increasing services to those in the small and medium business size brackets. Finding financial services on smaller scales can be difficult or worse, highly expensive, making them virtually impossible to afford for companies without a large profit margin. Decision Finance offers just about every type of financial service and insurance a growing business needs. This article provides an overview of the services they offer. When it comes to business, having insurance is a necessary business expense. There are a number of options available for business owners. These insurances include public liability, landlord, professional indemnity, employer liability and wehicle insurance. Decision finance...more
You've recently been promoted to management, and are now responsible for the department in which you were previously employed. One of your former peers had also applied for the job, and you are now feeling waves of resentment from him that threaten the success of your promotion.Does this sound familiar? If so, you're certainly not alone...more
As a result of a directive from the Financial Services Agency, Banks in the United Kingdom are now being instructed to return fees to clients they are deemed to have overcharged. This is of major significance to those involved within the areas of Debt Management, Debt Settlement and Bankruptcy in general as these figures could be quite substantial...more
Working with a bank to obtain a small business loan can be an easy or difficult process, depending on how prepared you are to meet with the lender and discuss your business' situation and needs. One of the leading causes of business failure is insufficient start-up capital. Ironically, though, lenders rarely approve loan requests for the businesses that have the highest need for a small business loan. Instead, lenders tend to prefer to offer small business loans to those businesses that have been in operation for two or more years. According to All Business, it is estimated that 95 percent of all entrepreneurs opened their businesses with capital from their own pockets, or from money they borrowed from relatives, friends, or another person in their community. Lenders want to see business owners risk their own funds in the business venture, and often require that the business owner or owners provide a minimum of 25 percent of the capital needed to start a business, and at least that much equity in the business if the business is already in existence. Simply stated, lenders aren't as willing to take a risk when a business owner doesn't even risk their own money in the...more
Most people think Santa Claus only works one night a year. Nothing could be further from the truth. Sure, product distribution takes place on one magical night, but Santa's operation runs year round and is one of the largest manufacturing and...more
Do you use a to-do-list in your business? Of course you do, we alllove them don't we? Worry not, I have no intention of explaining howto prepare such a list, you already do that on a regular basis.Most people prepare a list at the start of the...more
In the last article we looked at a few of the things you should consider before leasing that first office or storefront for your business. To recap, you should not only consider the old standard "location, location, location," but also consider...more
Break-even analysis is a good tool for quickly determining if an idea has any legs under it. It is not meant to be used alone as a sole decision making tool. Most business formula-tools work better when tracked over time and compared with other...more
Reduce inheritance taxes by giving gifts!The inheritance tax is the same thing as the estate tax in the United States, but with a different name depending on the country that you are talking about. The inheritance tax is a tax that is supposed to be...more
When you engage in factoring or selling your accounts receivable, you're accepting less money for an asset than you might expect to get for it. But there are great reasons for factoring and here are 10 of them:1. The ready cash you'll get...more