Financial Resolutions for Your Business in the New Year

Financial Resolutions for Your Business in the New Year

Now that the new year is upon us, it’s time to brainstorm a fresh set of goals for your small business. Whether you want to pay off debts or expand your business to a new location, set some achievable financial resolutions for your business this new year. Pango Financial is here to help you get…

Read More

How To Prepare Your 401(k) for Business Financing

How To Prepare Your 401(k) for Business Financing

Funding your small business with your 401(k) fund is a great way to get your startup off the ground without going into debt. After all, the money’s already yours—you spent years accumulating those funds with your hard work. Now it’s time for all that hard work to pay off on your terms! Some entrepreneurs choose…

Read More

Setting Manageable Goals for Your Small Business

Setting Manageable Goals for Your Small Business

How do you want to grow your small business in the new year? Learning to set manageable small business goals requires knowing what you want to achieve before you reach for the stars. Once you have a direction in mind, you can break down those goals into smaller steps. To help you sort out your…

Read More

What Effect Does 401(k) Business Financing Have on Taxes?

What Effect Does 401(k) Business Financing Have on Taxes?

If you’re looking at your 401(k) retirement account as a possible source of funding for your business, you need to think ahead. What effect does 401(k) business financing have on your taxes? Pango Financial has compiled a quick guide to highlight the effects of this financing method on your future tax filings. 401(k) Loans vs.…

Read More

How ROBS Financing Is Investing in Your Future

How ROBS Financing Is Investing in Your Future

How can you invest in your future with ROBS financing? If you’re considering going into business for yourself, your retirement account can be an effective source of startup funding. With a Rollover for Business Startups (ROBS), you create a 401(k) program in your business’s name and roll your existing funds into the new program. This…

Read More

An End-of-Year Checklist for Your Business

An End-of-Year Checklist for Your Business

As a small business owner, you probably have more on your mind right now than just the holidays. Many businesses experience crunch time during December to make sure everything on their end-of-year checklists is crossed off. By taking the time to complete these items by year’s end, you’ll be off to a strong start come…

Read More

6 Smart Small Business Ideas To Start in 2023

6 Smart Small Business Ideas To Start in 2023

If starting your own business is at the top of your New Year’s resolution list, get a head start on the process now. Think about the communities you want to serve and how your unique skills can benefit a new small business. Stumped for ideas? Consider one of these smart small business ideas, and start…

Read More

How the Economy Affects Small Business Loans

How the Economy Affects Small Business Loans

If you’re new to the world of small businesses, you may not know how the economy can affect small business loans. However, keeping an eye on the health of the economy will benefit you in making business decisions. Learn more about the economy’s impact on small businesses and how those fluctuations can apply directly to…

Read More

Why a C-Corporation Is Great for a Small Business

Why a C-Corporation Is Great for a Small Business

What is a C-corporation, and why is it great for a small business? A C-corporation, or C-corp, separates your business from your personal finances and assets. It’s the same legal structure used by Fortune 500 companies, allowing owners to seek various funding solutions while sheltering them from liability. Let’s look at a few reasons why…

Read More

How To Protect Yourself When Starting a Small Business

How To Protect Yourself When Starting a Small Business

How do you protect yourself when you start a small business? To stay protected, you have to know what you’re protecting yourself from. There are many financial risks involved in starting a business, and you want to keep your assets safe. As you get your business off the ground, talk to financial advisors and attorneys…

Read More

Does Your Small Business Need a Physical Office?

Does Your Small Business Need a Physical Office?

As you prepare to start your small business in earnest, you’re probably thinking about all the things you need to spend your startup capital on. Hiring employees and buying equipment and inventory are common expenses for startups. But what about office space? Does your small business really need a physical office? It depends on the…

Read More

What Retirement Plans Work With Rollover Business Financing?

What Retirement Plans Work With Rollover Business Financing?

If you’d like to use your own funds to give your small business a boost, you may be in luck—several common retirement plans work with rollover business financing, or ROBS (Rollover for Business Startups). Stand on your own two feet by using one of these retirement accounts to fund exciting new business ventures. 401(k) Do…

Read More