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Saturday, March 10, 2012

Small Business News You Can Use (3/10)

More Owners Help Finance Sales of Their Firms

Throw the keys to the buyer, grab a check and hit the exit. That's the expectation of many owners selling their businesses. But it's also an increasingly rare scenario.

More sellers are being asked to help finance sales of businesses for buyers, so that sellers are paid in installments over time. More...


The best credit card for your small business

If you're a small business owner and thinking about using credit cards to cover expenses, it pays to choose the right one.
(MONEY Magazine) -- About 37% of business owners are using credit to cover some of their costs, reports the National Small Business Association. The optimal card for your operation depends on how you'll use it. More...


Let us help you find funding solutions for your small business or ag operation. CP Capital Solutions.


Foreclosures made up one in four home sales

NEW YORK (CNNMoney) -- Homes in some stage of foreclosure accounted for nearly one in four homes sales during the fourth quarter, according to RealtyTrac.

During the three months that ended December 31, homes that were either bank-owned or going through the foreclosure process accounted for 24% of all home sales, up from 20% in the previous quarter and down only slightly from a year earlier when foreclosures accounted for 26% of sales, RealtyTrac said. More...


Congress Mulls Tax Changes on Closely Held Businesses

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Wednesday’s hearing was the latest in a series of hearings that the Ways and Means Committee and the Senate Finance Committee have been holding on tax reform. Ways and Means Chairman Dave Camp, R-Mich., noted that closely held businesses can range from midsized manufacturers to local law firms to Main Street restaurants that sponsor the local Little League team. More...


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