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Small business

Does Your Small Business Qualify for a Government Grant?

New or expanding small business owners should always be aware of alternative forms of financing beyond standard bank loans. There are several institutions, organizations and public programs that provide loans or equity raises for small businesses. Government grants allow a business to increase its pool of capital without incurring debt or diluting ownership. Learn more about government grants, and find out why they exist and what it takes to qualify for public funds that might propel your business to the next level. Government grants are not free money.

Category: Small business

Business Plans

A business plan is a vital tool that helps you organize and develop ideas and goals, whether you’re a prospective business owner, the owner of a growing company, or somewhere in between. Some advantages of having a business plan: Provides an organized method for researching your business Drastically increases your chances of success Serves as a game plan for your business to follow Provides insight into your business to facilitate funding and investment Once complete, your business plan should identify the expectations you have for your new or existing business.

Category: Small business

Telstra - Small Business - Website & eCommerce

Reach customers and sell directlyReach customersYour customers are looking online, you need to have information about your products and services available 24x7, even if your business is closed for the day. CredibilityYour online presence represents the brand and service your business provides.   A lack of presence or poor experience may turn customers away. MarketingYour website allows you to promote your business, products and services.   Use your site to grow your business with targeted offers and marketing. Sell directlyAn online presence allows you to cut out the middle man.

Category: Small business

End-of-Sale and End-of-Life Announcement for the Cisco NSS3000 4-Bay Gigabit Storage System

EOL7120 Cisco announces the end-of-sale and end-of life dates for the Cisco NSS3000 4-Bay Gigabit Storage System. The last day to order the affected product(s) is September 20, 2010. Customers will continue to receive phone support from the Cisco Small Business Support Center (SBSC) as shown in Table 1 of the EoL bulletin. Table 1 describes the end-of-life milestones, definitions, and dates for the affected product(s). Table 2 lists the product part numbers affected by this announcement. For customers with active product warranties, support will be available as stated in the product warranty terms and conditions, even if this date exceeds the Last Date of Support shown in Table 1.

Category: Small business Cisco SG200-18 18-port Gigabit Smart Switch: Electronics

The Cisco SG200-18 (SLM2016T-NA) switch is an affordable 18-port Gigabit Ethernet smart switch, including two combination mini-GBIC ports, that delivers the performance needed to support high-bandwidth applications. It delivers the basic security and quality of service (QoS) features needed to share network resources and connect network devices. The switch has native support for IPv6 as well as the previous IPv4 standard ensuring your network is ready for the next generation of technologies. With energy-efficient technology, it optimizes power use to reduce energy costs without compromising performance.

Category: Small business

Paying shareholder employee wages, dividends and draws

If you’re trying to do the accounting for a new small business corporation for the first time, figuring out how to pay a shareholder can be confusing. Fortunately, however, paying shareholders is (in most cases) really easy—and very much like paying anyone else. The trick to making shareholder payment bookkeeping easy is to spot those transactions where the shareholder isn’t really getting paid as a shareholder, but as an employee, vendor, or landlord. But let me explain: Paying a Shareholder as an Employee If you want to pay a shareholder for work the shareholder has performed as an employee, you pay the shareholder just like you pay any other employee.

Category: Small business

Best Web Hosting Providers for 2017

Whether you’re an established small business or have started a blog or other website that’s gaining popularity, the best web hosting company will help you project a professional image and handle increased traffic. The best website hosting companies will also give you enough space and bandwidth for your needs, a range of customizable features, and superior 24/7 customer service — all for a price you can comfortably afford. The web hosting industry is more competitive than ever, and providers have made previously premium features available with base level plans for just a few dollars a month.

Category: Small business

British Columbia Government Funding Programs for Small Businesses

In British Columbia, there are 9 funding grant programs available to help the province's small business owners. These are in addition to the 5 provincial government loans and 3 other types of support opportunities available to aid qualified businesses. Right now, British Columbia provides a maximum of $$75,000 in funding, but not all of it is easy to find or make sense of. Thankfully, we offer a useful tool to help out. By clicking on British Columbia, you can get started with our Grant Finder, which may offer you an advantage in finding business funding you may be eligible to apply for.

Category: Small business

Creating a business plan

The purpose of your business The first part of your business plan should detail the reason for your business – its purpose. Detail your business structure, the number of staff you have, your physical address and region where you’re based. You may have locations spread out across New Zealand or the world if you export. Explain how your business is different from your competition, the products or services you’ve developed, and define your competitive advantage. Consider: Where the opportunities are for your business – are there gaps in the market that you can exploit with a new product or service? Your strengths and weaknesses – what does your business do well and where is there space for improvement? For example, do you have outstanding customer service? Any threats to your business on the horizon – are you aware of any new competitors or marketing campaigns from your rivals that could impact heavily on your bottom line? Formulate a SWOT analysis Have a brainstorming session with your staff to identify your business’s strengths, weaknesses, opportunities and threats.

Category: Small business

Equity Partnership Agreements

by Julie Rook There are two types of partnership agreements. The first is a general partnership, which occurs when each partner is responsible for their own liabilities. Furthermore, each partner is liable for the losses of all other partners and could be held liable for the full amount of the partnership’s liabilities. The second type of partnership is a limited liability partnership, where each partner is only responsible for their own liabilities. Additionally, partners in a limited liability partnership are not responsible for the negligence or wrongdoing of the other partners.

Category: Small business

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