Archive | Small Business Tips

The Art (and Journey) of Raising Funds

For an entrepreneurial start-up, landing that first check from an investor is a milestone. What many start-ups don’t realize is that the seed capital they raise – often from friends and family – is just the first step in a fundraising journey that can drag on for months or even years, wrote a columnist in … Read More »

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Fed Aiming to Boost Small Business Lending

WASHINGTON — Federal Reserve Chairman Ben Bernanke has stepped up pressure to get banks to boost lending to the nation’s small businesses, a critical element to spurring the economic recovery and reducing unemployment, reported The Associated Press. Bernanke and other regulators have urged banks since February to increase their lending to smaller companies. Lawmakers on … Read More »

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Small Business Lending Down; Reasons Still Elude Experts

WASHINGTON — The chairman of the Federal Reserve urged banks and regulators on Monday to help the nation’s small businesses get the loans they needed to create jobs, reported The New York Times. He also acknowledged that economists could not agree on why such lending has contracted substantially over the last two years. Small businesses … Read More »

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Bernanke: $40B in Small Business Loans Disappear

NEW YORK – In the last two years, $40 billion worth of loans to small businesses have evaporated, and correcting the problem should be “front and center among our current policy challenges,” Ben Bernanke, chairman of the Federal Reserve, said in a speech Monday. Loans to small businesses dropped from more than $710 billion in … Read More »

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New Tax Reporting Rules Leave IRS to Mop Up Congress’ Mess

NEW YORK – With a new mandate looming that will require business owners to file millions more tax forms, the Internal Revenue Service has begun the daunting process of figuring out how to turn the law’s sweeping demands into actual rules for taxpayers, CNNMoney.com reported. The new regulations, which kick in at the start of … Read More »

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12 Best Sources of Business Financing

Where and how you finance an operation can be the difference between dominance and failure. All money may sound like good money in this environment. It isn’t. Often it makes the most sense to tap a few different sources of capital, Forbes.com’s Dileep Rao wrote. One deal I arranged involved seven funding sources. That sounds … Read More »

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