Q: Steve: I started my own business because I wanted to provide a stable financial future for my family. And while I enjoy my business, I still don’t feel that our financial future is secure. For the New Year, I would like this to change.
Q: We are looking to expand our business and have an investor lined up. He asked me to present him with various options for dealing with his investment. I am not sure what to do. Should we offer him shares
Q: Hi Steve. With the current strain on the economy, we all know that businesses are looking for ways to better compete in their markets and grow in the downturn. We have noticed that many small businesses are capitalizing on
Q: Steve – I really think you should warn people about the increasing dangers coming from scam artists who are targeting small business. Our business had several thousand dollars illegally transferred out of our bank account recently and my banker
Q: We have a successful business that we started 25 years ago and now we would now like to sell the business to one of our employees. The business will gross approximately $500,000.00 this year, we have very few liabilities, and do not want to
Q:We lost our biggest customer last year. That bad event created a string of other negative occurrences. As a result it looks like we may have to file for bankruptcy. I see big companies do this and hear about how
Q: Our small business went through a tax audit last year and I don’t want to re-live that experience. What can we do to make sure it doesn’t happen again? Thanks. Anthony., Colorado Springs, CO A: Well, from the many
Q: Business is bad and we may have to shut things down. I don’t want to – this store is my baby. But we have lost a lot of business recently for various reasons and I don’t know what to
Q: We have a clean, professional small shop. The problems we are encountering is getting our customers to pay on time when their repairs are done. Any suggestions would be appreciated. Thanks. Phil A:Let me begin with a sad story.
Q: With the New Year around the corner, do you had any year-end tax-savings ideas? Gwen S, Millbrook, IL A: You bet. Because more than half of all tax audits are done on small businesses, it is smart to plan ahead. The fact is,