Congress is reviewing the The Small Business Tax Act of 2010 this week, which is likely be good news for entrepreneurs and small business owners across the country who have been struggling to prosper in a sluggish economic recovery. The Act proposes a series of tax credits and extended tax breaks for small business owners.…
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Tag Archives | Credit Cards
Without Bank Loans, Small Businesses Have a Heller of a Time Hiring
Small businesses seeking access to loans and credit are caught in a Catch 22. The Wall Street Journal writes that prior to the recession a mixed basket of collateral—property, equipment assets, personal guarantees, and cash—satisfied bank loan requirements. Now that property and equipment assets have fallen in value, small businesses are being asked to front…
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