Any Size Business Financial Resources

02/02/2024

Shop Unique Cool Traductor Gifts by RomanticChristian located in Pflugerville, Texas.

05/09/2023

If you are a small business and need funding for growth or looking to reduce operational costs , my partners have been in business for over 35 years. Reach out for more information.
Small businesses often face financial challenges, but there are a variety of grants and tax credits available that can help offset costs and support growth. Here's what you need to know about small business grants and tax credits.

Small Business Grants:
Small business grants are funds awarded to qualifying businesses to help them achieve specific goals. The funding may come from a variety of sources, including the government, non-profit organizations, and private companies.

Government Grants:
The federal government offers a variety of grant programs for small businesses, including the Small Business Innovation Research (SBIR) program, which provides funding for research and development of innovative technologies. The Small Business Administration (SBA) also offers grant programs for specific industries and populations, such as veterans and women-owned businesses.

Private Grants:
Private companies and organizations also offer grant programs for small businesses. These programs may focus on specific industries, locations, or types of businesses. For example, the Amber Grant Foundation provides monthly grants to women-owned businesses, while the FedEx Small Business Grant program awards funds to businesses with unique products or services.

Tax Credits:
Tax credits are another way that small businesses can save money. Tax credits are dollar-for-dollar reductions in the amount of taxes owed. There are several tax credits available for small businesses, including:

Research and Development Tax Credit:
This credit is available to businesses that invest in research and development activities. The credit can be up to 20% of the amount spent on qualifying activities.

Work Opportunity Tax Credit:
This credit is available to businesses that hire employees from specific groups, such as veterans and individuals with disabilities. The credit can be up to $9,600 per qualified employee.

Small Business Health Care Tax Credit:
This credit is available to small businesses that provide health insurance to their employees. The credit can be up to 50% of the amount spent on health insurance premiums.

Conclusion:
Small business grants and tax credits can provide much-needed financial support to small businesses. By taking advantage of these opportunities, small business owners can reduce costs, invest in growth, and achieve their goals. It's important to research and understand the requirements and qualifications for each grant and tax credit program, and to work with a financial advisor or professional to ensure proper filing and compliance.

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03/16/2023

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03/15/2023

The Employee Retention Credit (ERC) is a
refundable payroll tax credit, up to $26,000 per
employee, available through the CARES Act to businesses impacted by COVID-19.
1. WE ARE CONSIDERED AN ESSENTIAL BUSINESS AND DO NOT QUALIFY.
False. An essential business can qualify for the ERC because gross receipts declined by 20% year-over-year or because its operations are fully or partially suspended because of a government order.

2. WE TOOK THE PPP AND DO NOT QUALIFY.
False. The stimulus package passed in December 2020 has always allowed for companies who received PPP funds to also take the ERC!

3. OUR BUSINESS STAYED OPEN THE WHOLE TIME AND DOES NOT QUALIFY.
False. Your company most likely had to perform extra cleaning or sanitizing, installing/utilizing protective equipment, temperature checks, a change in job roles/functions, and more. If your business had to change operations in any way due to governmental orders OR if gross receipts declined by 20% year-over-year, your business qualifies.

4. BECAUSE OUR COMPANY DIDN'T EXPERIENCE A YEAR-OVER-YEAR DECLINE IN SALES BY 20%, WE DO NOT QUALIFY.
False. Your company had to see either a 20% decline in gross receipts OR suspension in operations, not both. Almost every business has been impacted in some way by a national, state, or local governmental order, therefore qualifying the business.

5. WE HAVE BEEN PROFITABLE THROUGH THE PANDEMIC AND THEREFORE DO NOT QUALIFY.
False. Even if you have been profitable, we have helped many companies that were profitable in 2020 receive anywhere from thousands to millions of dollars in credits. This includes grocers, manufacturing, logistics companies, and more. If your business has been impacted in some way by the pandemic, you qualify.

6. WE DO NOT PAY TAXES BECAUSE WE ARE A NONPROFIT, AND DO NOT QUALIFY.
False. Due to recently modified rules, this tax credit applies to tax-exempt organizations if the business operations have been fully or partially suspended due to governmental orders related to COVID-19. Many nonprofit daycares, schools, daycares, counseling centers, ministries, churches, and clubs closed their buildings and/or partially suspended services to comply with government orders and guidelines. This suspension of operations would qualify that organization for the ERC.

03/15/2023

We have rolled out exciting new funding programs.
Some of our other programs include:
● Business Lines of Credit
● SBA Loans
● Working Capital Programs
● Term Loans
● Equipment Financing
● Medical Financing
● Asset Based Lending
● Purchase Order Financing
● Merchant Cash Advances

First , depending on your situation, we will see if you qualify for ERC money since it is free and the fed gov has extended this until Dec 2025 , even if you had a PPP loan or have been denied in the past.

Please contact me if you have been recently turned down by your bank, maybe have tax liens,
or even a low fico score. We work with all credit situations & do not rely on personal credit
alone for approvals.
To apply for any of our financing programs please contact me directly. I will assess your
situation, your goals and needs to secure the best financing program(s) that are available for
your business.
I look forward to speaking with you!

03/15/2023