Archive for February, 2011

Conduct credit checks when extending credit to customers

Thursday, February 24th, 2011

This week, Treasury Department Secretary Timothy Geithner told an audience of reporters that banks and creditors are now much more equipped to finance the capital needs of a recovering economy, suggesting recent improvements in lending and capital access will allow new startups and entrepreneurial ventures to come to fruition.

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California clean energy sector looks to business sales market

Wednesday, February 23rd, 2011

Although the California business sales market fell by 6.6 percent in 2010 over the year before, the state's burgeoning clean energy sector may boost acquisition activity in coming years, as a trend of green energy consolidation has begun to emerge throughout the Golden State.

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Financing your business around taxes

Tuesday, February 22nd, 2011

Private companies are sitting on more than $1.9 trillion in cash, accounting for 7.4 percent of total business assets – the highest rate in more than 50 years, according to data released by the Federal Reserve last September.
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Financing an ailing small business

Monday, February 21st, 2011

It is interesting to note how the business sales market has paralleled that of the banking industry in recent years, with sales declining at similar rates as that of bank closings. The Federal Deposit Insurance Corp closed 157 banks last year, up from 140 in 2009, while the number of completed business sales continued to fall through 2010.

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As credit crunch ends, small businesses will need to separate personal and business assets

Friday, February 18th, 2011

As the recession has forced an industry-wide credit crunch in recent years, many small businesses and entrepreneurs forming a business have been seeking out personal or bootstrap financing methods to fund their ventures. However, recent news suggests credit may become more available this year.

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Budget considerations for 2011

Thursday, February 17th, 2011

As tax season approaches and small businesses begin taking a look at their budgets in anticipation for the coming year, it may be a good time to look at the 2011 outlook, as well as recent studies and economic indicators.

While the national unemployment rate has fallen in recent months – dropping to 9 percent in January, compared to 9.

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Financing a startup by ‘bootstrapping’

Thursday, February 17th, 2011

A number of recent studies from Thomson Reuters, PayNet and the National Venture Capital Association, among others, have found borrowing among small businesses to be up in recent months.

That includes venture capital, angel investment and bank lending and suggests that, along with gains in employment statistics, the economy is beginning to recover.

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Equipment tax write-offs for small businesses

Wednesday, February 16th, 2011

Although the economy has been steadily improving in recent months, there remains a number of obstacles to full-scale recovery – a situation that has prompted many small businesses to utilize any possible tax breaks or write-offs.

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Payment options in an improving economy

Tuesday, February 15th, 2011

Whether you are a retail entrepreneur or a franchise operator, you know that economic recessions entail poor sales and lackluster payments on financed purchases. However, recent improvements in the economy may suggest that retailers will soon see better conditions in coming months.

According to the most recent Read the rest of this entry »

GE to buy oil well maintenance and support company for nearly $3 billion

Monday, February 14th, 2011

American corporate titan General Electric announced this weekend that it plans to purchase John Wood Group, a company that provides systems for oil drilling, for $2.8 billion in order to further expand its energy business.

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