One difficulty that most startup founders and small business owners are all too familiar with is . . . fund-raising. In fact, a recent survey found that 27 percent of businesses responding reported being unable to access the funding they needed.
Startups should always strive to be innovative and affordable. Unfortunately, they don’t always succeed, as a CB Insights survey notes that 29 percent of startups fail because of cash-flow issues. For tech entrepreneurs who want to break into an established industry — or just start a business — research and development (R&D) tax credits are a great way to decrease taxes and increase cash flow.
What’s a well-known piece of business advice some first-time founders might misinterpret or struggle to implement properly?
No matter what industry you are in, including these items in your end-of-the-year rundown keeps your books in order and a CEO’s mind at ease.
The ballots have been cast, the votes counted, and we now know who will be our next president: Donald Trump. While talk of actual policy wasn’t always the emphasis of this tiresome election cycle, we’re now getting a clearer picture of his plans: a traditionally conservative proposal of tax cuts to spur economic growth.
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