Crash Survival Zone

Surviving the Economic Crisis

Archive for the 'Small Business' Category

23 Feb

101 Tax deductions for bloggers and freelancers

Anyone here like doing taxes? Didn’t think so. We all have to do them; we all have to pay money to Uncle Sam (although some get away with paying much less than others).  But as a freelancer and/or a blogger, are you overlooking dozens of legitimate deductions that could save you a whole lot of [...]

10 Feb

For Some Small Businesses, Recession Is Good News

From thrift stores to repair shops to auto garages, the recession brings new opportunities to plenty of small businesses

The current economic picture is certainly a gloomy one, with massive layoffs, bankruptcies, the collapse of financial institutions, and a severe credit crunch. But the recession has also injected life into a slew of small businesses that [...]

13 Jan

Entrepreneurs’ optimism at record lows

Anticipating weak sales, small business owners are scaling back on hiring and expansion plans for 2009.
Small business owners hit hard by the recession have little confidence that things will get better in the coming months, according to two surveys released on Tuesday.

For December, the National Federation of Independent Business (NFIB) saw some of its lowest [...]

10 Jan

Small business woes have big impact on economy

Times are tough for small business owners, those whom politicians tout as the backbone of America. As the recession marches on, it’s those businesses - which employ about half of the country’s private-sector workers - that are particularly vulnerable to the squeeze.

To cope, small business owners - from neighborhood plumbers to graphic design firms - [...]

08 Jan

“Tsunami” Wave of Foreclosures in 2009 Will Take Small Businesses

An NASE survey was the first to provide compelling evidence of small business involvement in the “toxic” mortgage crisis. The survey was created by Prof. Samuel D. Bornstein and Jung I. Song, CPA of Bornstein & Song, CPAs and Consultants in Oakhurst, NJ, and was conducted by the National Association for the Self-Employed (NASE) which [...]

08 Jan

50 Businesses You Can Start In Your Spare Time

Most people want a few more dollars in their wallets. But between an employer and family, the time most of us can devote to a second job is severely limited. Running a small side business can provide a few more options: you don’t have to show up at a set time and you can use [...]

06 Jan

What Obama’s Proposed Tax Cuts Mean for Small Businesses

Here’s a welcome report for entrepreneurs this new year: President-elect Barack Obama’s massive stimulus plan is expected to include three key tax breaks for small-business owners.

Details are still emerging, but the plan could include a longer window for businesses to “carry back” losses; an incentive to invest in machinery, equipment and other capital improvements; and [...]

26 Dec

Slump Batters Small Business, Threatening Owners’ Dreams

For many small businesses across the country, these are scary times. The dramatic pullback in consumer spending is only the latest blow threatening to push some strapped small businesses out of existence. Customers are paying their bills late, cutting off cash flow, the lifeblood of a small business. Even healthy companies are being choked by [...]

11 Dec

Have a Business Idea? Apply for a Small Business Stimulus Package

Moneysmartlife.com is offering a “stimulus package” for your current business or potential business idea:
As a small business owner, you don’t have time for lame duck delays during rocky economic times. What you need is cash in you pocket and an action plan for success…. so that’s what we’re going to try and give you.
The Small [...]

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