SMALL BUSINESS

We’re Helping Small Businesses Affected By Hurricane Sandy

By The BIDaWIZ Team on November 4th, 2012 at 10:00 am

We recently announced a partnership with the ASBDC to provide over 1 million entrepreneurs with on-demand access to professional tax and financial services online. Many of these small businesses are now struggling because of the unprecedented damage caused by Hurricane Sandy. As such we’re going to be allocating resources to help those small businesses impacted by the storm. Read More.

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SMALL BUSINESS

Are You Prepared For The Health Care Changes In 2013?

By The BIDaWIZ Team on October 24th, 2012 at 10:00 pm

Most of the big health care changes won't take effect until 2014. Still, many other important changes will start to impact employers and employees in 2013. If you're thinking that a Mitt Romney victory will overturn the health care ruling, don't hold your breath. There won't be enough time and the Senate is likely to be controlled by the Democrats. Are you prepared? .

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FINANCIAL ADVICE

Factors To Consider When Choosing a Credit Card Processor

By The BIDaWIZ Team on October 17th, 2012 at 5:00 pm

There are many options available in the market for choosing a credit card processor. While having choices is helpful for comparison shopping, it also can get quite overwhelming. To select a processor, you really want to focus on the factors that are most pertinent to your company. .

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INVESTING, TAX REPORTING

Do You Know What the Fees Are For Your 401(K) Plan Now?

By The BIDaWIZ Team on October 11th, 2012 at 8:00 pm

Back in May, we noted that the new 401(k) disclosure rules would be in effect by the end of the summer. The intent of these rules was to provide greater transparency to both employers and employees. Did it work and have you noticed a difference in the reporting? Read More.

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FINANCING

Should You Consider Revenue-Based Financing For Your Business?

By The BIDaWIZ Team on October 4th, 2012 at 5:30 pm

The small business lending environment continues to be tight with banks holding potential borrowers to strict criteria. As a result, businesses have begun to explore new ways to gain financing. One such method is called revenue-based financing (RBF). Is this an option for your business? .

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TAX BREAKS

What Expenses Can I Deduct For My Home Based Business?

By The BIDaWIZ Team on October 2nd, 2012 at 8:00 pm

A growing number of entrepreneurs manage their business from home for the convenience and the cost savings. As such, the IRS has taken note of this and has scrutinized home office deductions. Still, for those that have legitimate expenses and maintain proper documentation, there are several deductions that you may be eligible to claim on your tax return. .

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FINANCIAL ADVICE

Key Tactics When Negotiating With a Vendor or Partner

By The BIDaWIZ Team on August 30th, 2012 at 11:00 pm

Whether you're negotiating a new vendor agreement, raising capital, or selling your business, there are certain steps that you should follow. .

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MARKETING

What Can I Do To Get More Press For My Business?

By The BIDaWIZ Team on August 30th, 2012 at 5:00 pm

Getting the press your company deserves comes down to building relationships with writers and having a compelling product or service. Here are three main methods for generating traction without breaking the bank. .

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FINANCIAL ADVICE

Are Your Customers Paying You On Time?

By The BIDaWIZ Team on August 23rd, 2012 at 8:00 pm

Cash is king as they say. Yet, some businesses don't have an effective cash collection process in place to make sure that their clients pay them on time. It's very easy for businesses to become relaxed after the sales agreement is signed. However, when they aren't collecting cash for goods or services rendered on time, they are essentially extending credit to their customers. Find out how to get paid quickly. .

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FINANCING

A Tax Free Way To Use An IRA or 401K to Start Your Own Business

By The BIDaWIZ Team on August 9th, 2012 at 9:00 pm

The traditional lending market continues to provide little, if any, leniency when it comes to newbie entrepreneurs. In the past, we’ve discussed this issue and have recommended several alternative financing options to help fund new businesses. However, we’ve yet to discuss how funds in an IRA or 401K can be used as an effective way of getting started. Recently, we sat down with Jeremy Ames, the CEO and Co-founder of Guidant Financial, to discuss this attractive option. Read More.

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