FINANCE

Monday, June 23, 2014 - 12:12
An estimated 8,400 businesses will now qualify for loans and other programs through the U.S. Small Business Administration, which has modified its monetary-based size standards to reflect current inflation rates. The last such adjustment was in 2008. To be considered a small business eligible...
Friday, May 23, 2014 - 17:56
Small business owners can use a number of free or low-cost tools to lower energy bills, said Jerry Lawson, the Environmental Protection Agency's national manager of Energy Star Small Business. He led a May 12 webinar on energy efficiency, sponsored by Small Business Majority. The EPA offers...
Saturday, May 10, 2014 - 12:56
Over the last couple of weeks, a few of my clients have decided for one reason or another to close down their businesses. One is moving to a different state while another is about to retire and wants to travel the world. Whatever the reason, there will be tax rules to follow depending on the type...
Wednesday, April 9, 2014 - 17:12
Banks and other institutions that participate in the Small Business Lending Fund outpace non-SBLF lenders in loans to small businesses, according to a new report from the U.S. Department of the Treasury. In Virginia alone, SBLF lenders have boosted their lending by $531.7 million over baseline...
Saturday, March 1, 2014 - 11:05
This month is blooming with business tax deadlines. As you prepare your 2013 returns, remember these five tips from the IRS to prevent the most common mistakes: 1. Keep good records. Retain canceled checks, receipts and other evidence of business income and expenses. How long should you hold...
Friday, February 21, 2014 - 19:00
She doesn't retire from the U.S. Army for another five years, but Chief Warrant Officer 3 Helen Sutton is getting a head start on her future as a business owner. Sutton, a supply systems technician at Fort Eustis in Newport News, plans to open a janitorial service this year. Paul Sotomayor...
Friday, January 10, 2014 - 22:21
When Taylor McClenny and the team at ParasitX wanted to take their newly developed digital device for craft brewers to a higher level, he turned to the website Kickstarter.com to help with funding. It was a success. They set a goal to raise $25,000 in 30 days. Their project was so well-...
Monday, December 9, 2013 - 12:48
The smallest businesses generate some of the biggest benefits for the U.S. economy, according to a recent report from the Association for Enterprise Opportunity. Microbusinesses, or those with fewer than five employees, represent 92 percent of all U.S. businesses, say the authors of "...
Sunday, November 24, 2013 - 20:37
For the fourth year in a row, Small Business Saturday will encourage consumers to "shop small" and support local, independent merchants during the busiest retail weekend leading up to Christmas. Conceived by American Express OPEN in 2010, Small Business Saturday 2013 takes place Nov....
Wednesday, November 20, 2013 - 19:05
Starting Jan. 1, veterans have an extra incentive to start their own business. Those who receive a loan of up to $350,000 through the U.S. Small Business Administration’s Express Loan program will be exempt from a borrower upfront fee. “Our nation’s veterans are highly-skilled...