Finance

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Latest: Advice, Tips and Resources in Finance

Advice
How do I create a monthly budget for my website network when I have companies paying me net 30-90 days? How can I plan?
QUESTION | BY Brian Weiss | 23 ANSWERS | LAST ACTIVITY ON 05/10/14

My company is currently making a return of a roughly $1,000 per day when I invest all my money back into traffic. We are operating at at about 330% ROI. The downside is that I am not getting paid for...

Advice
A Legal/Bookkeeping/Tax Question... Anyone?? :)
QUESTION | BY Amy McMahon | 7 ANSWERS | LAST ACTIVITY ON 05/08/14

Hi Room! :) I am hoping one of you can help me with a situation that is new to me. I have a client that is 100% owner of his S-Corp. He got divorced, and although his wife was not a shareholder, she...

Advice
What is the difference between making money and creating wealth?
QUESTION | BY Charles Kaluwasha | 13 ANSWERS | LAST ACTIVITY ON 05/06/14

It is believed that people who chase money do not prosper and those who create wealth live a better lifestyle, work smarter and retire early.

Advice
How do I attract venture capitalists or funding?
QUESTION | BY Theuri Maina | 23 ANSWERS | LAST ACTIVITY ON 05/05/14

I have a business idea that I would like to explore. My only draw back is that its a little capital intensive. Therefore the need to find a venture capitalist or some funding. Kindly assist me in...

Advice
Client paid via check in late 2013, but I did not deposit it until 2014 ? does it go in 2013 income or 2014 income?
QUESTION | BY Julian Rogers | 25 ANSWERS | LAST ACTIVITY ON 05/02/14

Please advise the correct tax filing practice. Thanks!

Advice
How do you value a startup?
QUESTION | BY Pablo Gagliardi | 19 ANSWERS | LAST ACTIVITY ON 04/16/14

From your point of view: Which valuation method is the most accurate for startup valuation?Which would you consider are the key drivers to value determination in a startup?

Advice
What is the difference between generating active income versus passive income?
QUESTION | BY Anita D Russell | 12 ANSWERS | LAST ACTIVITY ON 04/10/14

This topic relates to the question about creating wealth versus making money.

Advice
What type of business plan do I need for today's financial resources etc.?
QUESTION | BY Kathy Reed | 12 ANSWERS | LAST ACTIVITY ON 04/09/14

What projections would I need?

Advice
What is the best way to calculate and measure your DSO?
QUESTION | BY Anonymous User | 9 ANSWERS | LAST ACTIVITY ON 04/05/14

The classic formula of dividing your periodical receivables by your periodic sales/revenue is in my opinion backdated. What do you think and what alternatives did you implement?

Advice
How safe and secure are "Inland Letter of Credit". Can people please share their experiences?
QUESTION | BY Capt Sanket Kumar Suri | 3 ANSWERS | LAST ACTIVITY ON 03/13/14

I have a client which is an Indian company that wishes to place an order on me and want to transact thru a Letter of Credit! How safe are these and what would friends on the hub suggest?

Advice
How much does the western union charge to transfer $100 from usa to india?
QUESTION | BY Excellous Technology | 4 ANSWERS | LAST ACTIVITY ON 03/04/14
Advice
Moving from UK to US and advice needed on setting up a new business please?
QUESTION | BY Paul Maplesden | 7 ANSWERS | LAST ACTIVITY ON 02/22/14

Hi there; I have recently moved form the UK to the US. In the UK, I ran a successful business, setup as a limited company that generated a reasonable income for myself and my wife. Because of the...

Advice
Is performance based equity for CFO is a good idea for a start-up?
QUESTION | BY Dan J Mustefa | 9 ANSWERS | LAST ACTIVITY ON 02/17/14

We are a very early stage start-up,we are thinking about fundraising.

Advice
Do I build a team by giving equity away? If so, how does one know what percentage to give?
QUESTION | BY Teresa Mui | 22 ANSWERS | LAST ACTIVITY ON 02/14/14
Advice
How can I find someone cheap and reliable to help me set up my accounting properly?
QUESTION | BY Matt Gilman | 17 ANSWERS | LAST ACTIVITY ON 02/05/14

We are in full start up mode and the receipts and expenses are starting to pile up. I keep saying I will get to it this weekend, but it is becoming obvious that it isn't happening. I need help, but I...

Advice
What is a fair percentage for 5 silent partners?
QUESTION | BY Harry Watson | 7 ANSWERS | LAST ACTIVITY ON 12/16/13
Advice
What is the best way to manage your own income and expenses?
QUESTION | BY sarah johs | 11 ANSWERS | LAST ACTIVITY ON 11/25/13

If you are a small business owner or a freelancer, what do you think is the best way to manage your own expenses, invoicing without spending too much on it?

Advice
Where do we find funding for a REAL empowerment project?
QUESTION | BY EDWINA HAWLEY | 4 ANSWERS | LAST ACTIVITY ON 11/08/13

Have detailed business plans - after thorough research - now trying to land funding. Am very disillusioned with government based individuals - who just don't seem to care about empowerment. Where...

Advice
Is Kickstarter better than Indiegogo?
QUESTION | BY Joe Dickens | 12 ANSWERS | LAST ACTIVITY ON 09/04/13
Advice
What Do You Feel Is The Most Common Misconception When Raising Capital?
QUESTION | BY Ryan Dwyer | 7 ANSWERS | LAST ACTIVITY ON 02/07/13

Have investors given you feedback that seemed shocking but made sense later?

Advice
Do angel investors usually get a board seat?
QUESTION | BY Carrie Dunham | 10 ANSWERS | LAST ACTIVITY ON 01/13/13

At what point do I need to give up a board seat? Or can I just grant an investor board observer rights?

Article
16 Tips to Avoid a Tax Audit of Your Small Business Return
BY business.com editorial staff

IRS audits of small business tax returns are up - way up, and headed even higher. The Internal Revenue Service has said loud-and-clear...