When financing a small business, practicing the art of silence when dealing with bankers is important.
When financing a small business, it’s bad planning to do something just because it’s tax deductible
Tell your accountant before you spend money on major purchases
Tips for financing a small business include: understand that there’s going to be paperwork and hoops to jump through.
NOTE: I wrote this post in 2014, so be aware of its age. The advice is still good though – ROBS transactions are a bad idea. I have passed on working with a few clients through the years who were doing ROBS transactions within their business. Clients using ROBS transactions often have a hard time […]