If you have a high level of interest in buying the business, then you’ll typically request additional information to help you make a decision. This includes documentation like its historical financial statements.
If the interest you are paying is too low, the IRS will tax them at this imputed level. Most HELOCs have a draw period of up …
For example, I recently heard an insurance agent say, “We insure your auto, car, home, life, …” Well, I heard part of it. She listed a dozen more things – the kitchen sink may have been in there – and I bet some of those services haven’t been sold in years. An elevator speech is that short and sweet 30-second answer to the …
The more research I did with banks, the more I realized that it was their legacy technology that led to their cost structures. Cost structures that prohibit them from banking some people. In essence, there are folks that banks don’t market to and avoid banking because the banks’ business models makes those people unprofitable …
Understand what’s profitable and monitor your business performance with the revenue streams dashboard. Custom charts show you what’s working and what’s not, so you can make quick decisions for your business. QuickBooks makes it easy for me to customize reports and see where my money is coming from and where it’s …