[ad_1] Melissa Bradley has helped guide thousands of business founders through challenges. The founder of 1863 Ventures, and a serial entrepreneur and investor, says if a recession becomes economic reality and customers cut back more due to inflation, it won’t be anything new for minority entrepreneurs. “They are concerned because …
Read More »Fed rate hike pushes business loans over 10% for first time since 2007
[ad_1] With the Federal Reserve’s latest rate hike adding half a percentage point to the cost of debt capital and reaching its highest level in 15 years, the majority of small business loans will hit the double-digit interest level for the first time since 2007. The cost of taking out …
Read More »Business owners have a big tax deadline coming up well before April
[ad_1] New business formation has boomed, and that means more new business owners than ever are dealing with tax season and potential tax nightmares. While there aren’t that many tax changes that will affect small businesses in the upcoming tax season, what is new — coupled with evergreen tax issues …
Read More »How much small business owners should pay themselves
[ad_1] Many small business owners have trouble figuring out an appropriate take-home pay as the company expands, and some don’t pay themselves at all. These mistakes can easily come back to bite the founder and the business. Understanding how to pay yourself appropriately — even if it’s only a small …
Read More »How the Fed’s increasing rate hikes will hit most American businesses
[ad_1] Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a two-day meeting of the Federal Open Market Committee (FOMC) in Washington, July 27, 2022. Elizabeth Frantz | Reuters The Federal Reserve’s decision to raise interest rates by 0.75%, or 75 basis points, for the third-consecutive time …
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