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  • Intuit Makes Mobile Credit Card Acceptance Easier Intuit Makes Mobile Credit Card Acceptance Easier

    In all the years I have followed IntuitTM, I have never seen a clunker product. Recently Intuit and a hardware partner introduced an iPhoneTM application/hardware combination that allows easy credit card swiping and processing anywhere the iPhone works.[full post] ...

  • Federal Government Spent More with SMB in 2009 Federal Government Spent More with SMB in 2009

    According to a study performed by the SBA, the U.S. government significantly increased the amount of purchasing it made with small business owners in 2009 across 5 classes of small business.[Full Post] ...

  • Guaranteed Sales, Contingent Sales Present Financing Challenges Guaranteed Sales, Contingent Sales Present Financing Challenges

    Small businesses often get very excited when they are “accepted” to sell their products on QVC or similar shopping network; they see an immediate opportunity to sell potentially thousands of units in a very short time frame. Equally when a small manufacturer or distributor lands Wal-Mart, they b...

  • Will the U.S. Senate Vote to Repeal New 1099 Requirement? Will the U.S. Senate Vote to Repeal New 1099 Requirement?

    Among the most onerous provisions of the recent health care legislation is a provision to require businesses to issue 1099s any business they spend over 0 with. The provision has nothing to do with healthcare and was tagged on at the 11th hour of negotiations as a way to increase revenue for the fed...

  • The Latest on SBA Loans -- Going From Bad to Worse The Latest on SBA Loans — Going From Bad to Worse

    Most SBA lenders are putting off borrowers until Congress decides to act. [Full Post] ...

  • The Latest on SBA Loans – From Bad to Worse The Latest on SBA Loans – From Bad to Worse

    One of the more valuable pieces to President Obama’s American Recovery and Reinvestment Act (ARRA) of 2009 was enhancements to the SBA’s main lending program the 7a loan program. Now it seems as congress has forgotten it.[Full Post} ...

  • The Story of One Underemployed Worker in America The Story of One Underemployed Worker in America

    Across the nation there are possibly millions of workers who have taken jobs they were overqualified for in order to partially close the gap between full unemployment and no employment. There are multiple effects on our economy when a highly qualified person accepts a position making slightly more t...

  • Lenders Enforcing Financial Reporting Requirements Lenders Enforcing Financial Reporting Requirements

    Nearly all banks that make commercial loans and many commercial finance companies require a business borrower to submit quarterly financial statements. Historically many lenders haven’t enforced this rule, until now. [Full Post] ...

  • While Many Luxury Item Sales Hurt – Fine Art Sales are Soaring While Many Luxury Item Sales Hurt – Fine Art Sales are Soaring

    While many wealthy consumers are shying away from luxury items to buy, Museum quality fine art galleries can’t keep their inventories in stock. Lisa Russell of Russell Collection Fine Art tells her story. [Full Post] ...

  • Lenders Enforcing Borrower Financial Reporting Requirements Lenders Enforcing Borrower Financial Reporting Requirements

    Nearly all banks that make commercial loans and many commercial finance companies require a business borrower to submit quarterly financial statements. Historically many lenders haven’t enforced this rule, until now. [Full Post] ...

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