Category: Money & Finance
Sequestration – What Is It and How Could It Impact Atlanta Business
“Sequestration”. That’s the word that many Atlanta business owners are hearing more and more these days. But what is Sequestration? How much money is involved? When does it start? And how could it impact you and your business? Here’s What Congress Means When They Talk About ‘Sequestration’ One of the most significant issues coming up [...]
How Health Care Reform Could Impact Atlanta Small Businesses
CNN Money | Jose Pagliery The Supreme Court is due to release their decision regarding the constitutionality of the 2010 Affordable Care Act before the end of the month; possibly within the next few days. How this impacts Atlanta small businesses is of no small concern. There are three main outcomes that the Court could make. Health [...]
23% of Small Business Owners Forgo Pay For At Least A Year
A new nationwide survey by Citibank reports that 23% of small business owners went without pay for at least one year to keep their small business running – with the majority of respondants (54%) reported going without at least one paycheck. “Business owners are wearing more hats, working more hours and taking less profit” to keep [...]
Coca Cola Freestyle Machines: An Atlanta Hit for Five Guys Burgers
Atlanta based beverage giant Coca Cola have announced plans to introduce their unique Freestyle drink vending machines to Five Guys Burgers locations across the country after the fast food chain successfully trialled the machines in a select number of their Atlanta based restaurants throughout 2010 and 2011. The Coca Cola Freestyle vending machines allow customers [...]
An “Amazon Tax” for Georgia. Could It Impact Your Atlanta Business?
Referred to as an "Amazon tax" or the "Internet tax", an Affiliate Nexus tax provide local governments, such as Georgia, with additional streams of revenue. Says New York accounting firm Marks Paneth & Shron: "States are moving to tax online businesses that sell in their territory. The so-called "Amazon Tax" demands that online businesses collect state [...]
Atlanta Small Business Bankruptcies Down
Atlanta Small Business Bankruptcies Down Small business bankruptcies fell 15.3 percent nationally, from Q1 2010 to Q1 2011, according to Atlanta-based Equifax, Inc. While an improvement, this is 30.03 percent higher than the small business bankruptices during the pre-recession period of Q1 2008. How did Atlanta small business fare? Locally, 228 small businesses in the [...]
Business Owners See Bankruptcy as a Fresh Start
Bloomberg Business In a tough economy the number of businesses in financial trouble has increased dramatically, but it doesn't have to mean the end of the road for your business dreams. In a recent study, business owners that filed for bankruptcy were just as likely as new business owners to have a successful business. [...]
How to Approach Lenders Now
Borrowers should be prepared to talk about how they steered through the downturn.
Why You Should Pay Yourself a Dividend Now
The Globe and Mail | John Warrillow Along with his brother Michael, Andrew Warner built Bradford & Reed, an online greeting-card company, into a business generating $39-million (U.S.) in sales. When I recently asked Mr. Warner about the sale of his business, he revealed that “in total, we made more money from regularly pulling profits [...]
Small Businesses Spurring Economy
CNNMoney.com It's not the corporate giants that are refueling the sluggish economy, it's small business owners. A new study shows companies with less than 500 employees are hiring faster than the big boys. A growing number of people are trying to look for work at small companies and they're looking for advice. One market [...]
