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Start-Up Series: Debt vs. Equity

When does (and when doesn't) a business loan make sense for your small company?

By Reed Richardson

Whether you're a budding entrepreneur looking for seed money or an experienced owner of an established small company seeking to fund an expansion, capital is the fuel that makes small businesses go. When choosing between the two main types of funding-debt vs. equity - there are advantages and disadvantages to each. And, particularly in the current economic cl...

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Start-Up Series: Hiring a Bookkeeper or Accountant

When should my small business hire a bookkeeper or accountant?

By Reed Richardson

Every company, whether it's a part-time, home-based sole proprietorship or a multinational Fortune 500 corporation, shares something with all the others: a need to manage the money coming in and out of its coffers. For entrepreneurs, this responsibility, like many others, often falls upon their own shoulders. But being one's own bookkeeper or tax preparer is, at best, a tempor...

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When to Hire a Lawyer

When to Hire a Lawyer

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Within: Legal and Insurance

Posted by: SBOCTeam, Feb 19, 2010

Though their profession isn't always the most popular, business attorneys offer a range of critical services for small business


By Morin Bishop


There are a host of reasons why small business owners might be averse to consulting an attorney. First, of course, there is the sometimes negative view the American public holds of the legal profession in general. Fairly or not, many Americans just don't trust lawyers. Second, there is the natural...

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Health Care Forecast

Why 2010 will likely bring higher costs for your small business and what you can do about it

By Reed Richardson


While Congress and the White House are still struggling to craft a health care insurance reform bill that, if it passes, will mostly take effect in 2011 or later, many small business owners may wonder where health care costs are headed in the short term. The answer, perhaps unsurprisingly, is up, but not quite as much as in years past. Neve...

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