Small Business Blog

Floods and other unexpected disasters can devastate a business. The Iowa Western SBDC is here for all businesses affected and can help in...

As soon as you start accepting or spending money as your business, you should open a business bank account. Common business accounts...

If your business is booming, but you are struggling to keep up, perhaps it’s time to hire some help. The eight steps below can help you...

Establishing and managing business credit can help your company secure financing when you need it, and with better terms. Business credit...

The balance sheet is the foundation of managing your finances. It operates as a snapshot of your business financials. It helps you keep...

Before you decide if one of these options is right for you, make sure you know the basics of franchising and buying an existing business....

Start with a balance sheet The balance sheet is the foundation of managing your finances. It operates as a snapshot of your business...

Attend our Lunch and Learn on March 28th with Chad Brown, CPA and see how the new tax reform will affect your small business. 90 percent...

The passage of the Tax Cuts and Jobs Act, proponents and opponents are offering different versions of the “winners and losers.” One type...

Accounting for revenue and expenses can help keep your small business finances running smoothly. Make sure you maintain proper...

The form of small business you operate determines what taxes you must pay and how you pay them. The following are the five general types...

Your Employer Identification Number (EIN) is your federal tax ID. You need it to pay federal taxes, hire employees, open a bank account,...

Once you’ve determined all the assets you need for your business, you can decide whether you should buy or lease them. Lease Leasing can...

A surety bond There are four types of surety bonds: Bid Bond: Ensures the bidder on a contract will enter into the contract and furnish...

The SBA is not your only source for a small business loan. State and local economic development agencies, as well as numerous non-profit...

Working capital is defined as the difference between current assets and current liabilities. Current assets are the most liquid of your...

Small Business loan How the Debt-to-Worth Ratio Affects Your Loan Application Strong equity with a manageable debt level provides...

Cash is the most commonly accepted and reliable form of payment for a business. Many small businesses operate as “cash only” merchants....

Five Tips for Buying Business Insurance Use these steps to assess what types of insurance are best for your business, and how to secure...

By extending credit to your customers, you give them the option to purchase products or services today and pay for them at a later date....