Category: Business Finance

A Guide to Establishing a Retirement Plan

Entrepreneurs who have started an LLC, S-Corporation, C-Corporation or sole proprietorship can find retirement plan guidance on a website recently launched by the U.S. Department of Labor and the American Institute of Certified Public Accounts. The website, “Choosing A Retirement Solution for Your Small Business,” introduces several retirement plan options, describing their various features and […]

Become more appealing to lenders with business incorporation

Even with President Barack Obama’s recent allocation of $30 billion to banks that make loans to small businesses, many entrepreneurs reportedly struggle to find sufficient funds. Additionally, recent legislation proposed by Senator Dodd might render a number of angel investors no longer credible. A report from Fox Business offers some insight on how business owners might become […]

Citigroup teams with nonprofits to spur small business lending

Citigroup is investing nearly $200 million in community development financial institutions – CDFIs – that make small business loans in low-income areas. The third-largest bank in the country has teamed up with the Calvert Foundation and the Opportunity Finance Network to run the Communities at Work Fund. The fund will make loans to CDFIs across […]

How to convince venture capitalists to invest

When preparing to file an LLC, entrepreneurs are also looking for funding, often from venture capitalists. Here is some insight into what investors are looking for in a business. Mark Sutter of Entrepreneur magazine finds that management, market, money and momentum are key. Sutter notes that almost all investors will only contribute funds to a business […]