Reserve raised interest Federal rates for short-term borrowing by a quarter of a percent (0.25%). This is called the fed funds rate, which is the rate banks charge each other on overnight borrowing. As a result of the increase, the new ...

 The vast majority of small business owners—most of whom report their share of business income on their personal returns—use paid preparers to complete and file their tax returns. But this doesn’t mean owners have no wo...

 Large businesses rely on the credit ratings of their companies. Small businesses usually have to rely — in whole or in part — on the credit scores of their owners. Consequently, having a good personal credit rating is essent...

 Selling is one thing, but getting paid is quite another. The aim for small businesses is to collect payments as quickly as possible with as little cost to do so. You do not want to become a banker for your customers, extending them cred...