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Accounting and Financial Management

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Effective July 24th, 2008, the federal minimum wage increases to $7.25. A few small businesses may have needed that reminder- those that process their own employee paychecks will need to make adjustments not just to wages, but to tax withholding amounts, employee savings plans, and other accounts. Businesses that already outsource payroll services don’t need [...]

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As part of the American Recovery and Reinvestment Act of 2009, the Small Business Administration (SBA) has now added a 100% interest free SBA backed loan with no fees attached. With so many businesses (big and small) crumbling in the current economic climate, the new loan program is an attempt by the SBA to reach [...]

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Given the global recession, real estate presents new challenges and opportunities for business owners. Businesses especially are affected by the pressures of reduced demand and tighter lending criteria. The fact is, you’re challenged to do more with less.
I just moderated an expert panel on video as part of the Wells Fargo Webcast Series on this very topic [...]

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It’s no secret that running a business in this economy is a challenge. But with the right smarts, you can get through the storm.
To survive you’ll have to make the most of your time (which you likely have more of as a result of less customer activity) and take into account the impact of your [...]

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I received a press release today that deserves a few minutes of your scanning. It’s the monthly consumer confidence report issued by The Conference Board.
It shows that consumer confidence actually trended up this month for the first time this year. Is this a sign that we’re going to start hustling and bustling again? Well, little by little, [...]

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Knowing some among you are in a last-minute dash to get those taxes filed, we’ve worked out a special giveaway opportunity for 20 StartupNation users to win a free copy of TurboTax Business software, provided to us by Office Depot. 

TurboTax Business is tax preparation software that asks easy questions about your personal and small business income, finds [...]

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If you’ve been following StartupNation for years, not just months or weeks, you know that we were one of the pioneers that popularized the “Elevator Pitch”, your chance-of-a-lifetime opportunity to pitch your dream investor in a blazing 60 seconds. It was always one of the most popular segments in our nationally syndicated radio show and [...]

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My prediction? Some of the most exciting businesses of the next few years are going to be born in 2009 and grown from 2008 toil. It’s my strong view that the economic duress we’re all under as entrepreneurs is going to make us smarter, scrappier, more effective and ultimately far more successful.
To help you along [...]

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As 2009 gets under way it’s painfully obvious that the economy is still struggling.  Sales are continuing their downward trend, unemployment is rising, and many Americans are still having trouble paying their mortgage.  After struggling through 2008, the average consumer is facing the New Year at a financial rock bottom.  The best indicator of this [...]

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On a recent appearance on The Big Idea with Donny, I was one of three people on a panel. It was our role to help people fed into the show via satellite and phone.
It’s a huge challenge to be in the hot seat and be ready to fire away with valuable advice. But it’s thrilling, [...]