Category Archives: Small Business

Coca Cola need not read this

I’ll Pay Cash

Expanding on Lack of Capital from an earlier post, the question remains “Why pay cash?” The truth is, while money is “cheap”, paying cash is like digging an early grave. From the bank’s perspective, if a customer has a low 4 figure bank balance and is asking to borrow a moderate 5 figure sum, the applicant will either… Read More »

Financing a Small Business Start-up

With stats ranging from 50% to 80% of new businesses failing in the first 5 years, how can you increase your chance of survival? Having worked in commercial equipment finance for many years, I have sorted through my fair share of start-up applications. Imagine, if you will, a mountainous eyesore of unprepared hobbyists who are willing to risk… Read More »

Section 179

Hello there! Let’s make your day a bit brighter by discussing a very special part of the US IRS Tax Code, Section 179. Yes, you read that right – tax code can be exciting, especially when it benefits your business! No need to go hunting for sections 1 through 178, we’ve got what you need right here. Welcome… Read More »