small business owners

The first step to buying a used car is choosing a vehicle, or at least narrowing your options. Ask yourself: How many passengers do you regularly carry? What sort of trunk or cargo space do you need? What is the minimum gas mileage a car has that will stay within your budget? What would your [...]

Last week, when the President signs the expanded aid package, my husband and I (and many others) breathe a collective sigh of relief. The expanded aid package includes a seven month extension of the First Time Home Buyer Credit. While many people do not support the extension, I am grateful for it. Granted, my position [...]

Due to the credit crisis and recession, there are a lot of houses for sale. Homeowners who are trying to avoid foreclosure are selling many of these homes. Needless to say, it’s a buyer’s market and homeowners need to know all the tricks to help them sell their homes quickly. Fortunately, there are proven techniques [...]

In my TurboTax Online Review, I mentioned that I owe some federal income tax and is thinking about opening a SEP IRA, or a Simplified Employee Pension Plan. Aside from reducing my tax liabilities, I want to maintain my safe harbor from having to pay quarterly income taxes in 2009.
Since I am already doing my [...]

With the current credit crunch, raising capital to start or expand a small business can be a real challenge. The bitter irony is that while interest rates are at historic lows, access to funding sources has all but dried up. As a result, many small companies have turned to business credit cards. While credit cards [...]

I have been thinking about setting up a Limited Liability Company (LLC) for my web business to manage personal liability risk.  LCC is an attractive option for incorporating a small business, because it provides the limited personal liability of a corporation, but the pass-through taxation of a partnership or an S corporation. For this reason, [...]

Looks like another another miscue in the Carnival Land.  Sorry the carnival didn’t go out as planned this morning at the host site, so here’s an emergency edition of the Money Hacks Carnival #39.  Before I begin, just want to say thank you to everyone for your participation.

Photo by Meagen via Flickr
Credit and Debt

Five Ways [...]

With the economic crisis in full bloom, it’s increasingly difficult for small business owners to find capital needed to keep their business going. Cutting costs can only improve cash flow to an extent; eventually borrowing becomes inevitable without top line improvement. Unfortunately, traditional business lenders are tightening up their lending practices, making it very hard [...]

Buying lower-priced fix-up houses, fixing them up using your own time and effort, and renting them out is a fairly low-risk, high-reward way to generate wealth and security. If you have been thinking about real estate investing, this may be a very good  time to do it.  There are many benefits in buying a fixer-upper [...]

We all know that it takes a lot of time and effort to start a new business and build it into a successful one.  Some of us will make it to this point and finally confront the next challenge: how can I keep growing my business without being totally consumed by it? Most people [...]