Posts by Nicole Foley

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…

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…

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…

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…

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…

Has your business been in operation for a while, but you’ve recently realized it could use a boost? You may benefit from seeking additional small business funding to pay for new projects, try new marketing strategies, and expand your staff. You have to spend money to make money, but how do you secure the additional…

Now that you’re on your way to starting your small business, you’re probably thinking about how you’ll spend your start-up capital. There’s rent for your office space, inventory costs, and paying your staff. But what about the small business start-up needs that are commonly overlooked by novice entrepreneurs? Read on to learn about these additional…

Whether you’re just starting out in the small business world or have been around for a few years, the odds are generally stacked against your success. Big-box stores and franchise names have been pushing out their mom-and-pop competition for years. This uneven playing field should concern you, but don’t let it drive you into making…

If you’re looking for start-up capital for your new business, take a peek into your 401(k). Those funds can be used in a variety of ways, though withdrawing money often brings penalties with it. Can you use your 401(k) without penalty before you retire? Let’s look at your options. What Is a Penalty? 401(k) accounts…