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Added Tax Costs for Successful Business Owners

Added Tax Costs for Successful Business Owners

business owners, Homepage, Medicare, pass-through entities, Small Business, SMB Taxes, tax rate Thursday, August 31, 2023 5:52 am

Does it pay to be highly successful? From a personal and professional viewpoint, sure. You get satisfaction from helping your clients and customers and achieving milestones, as well as financial rewards. But from a tax viewpoint, success has its downside. Federal tax rules may penalize your efforts. Higher income tax rates aren’t the only things applied to owners who are very profitable. There are additional tax costs, all of which contribute to a significant tax bill. While taxes won’t dampen the drive for success, they do cut into what can be pocketed. Understand how these additional tax costs work. Added […]
The post Added Tax Costs for Successful Business Owners appeared first on Barbara Weltman.

Considering Retirement? Don’t Just Shut Down Your Business, Sell It!

Considering Retirement? Don’t Just Shut Down Your Business, Sell It!

business owners, exit planning, General Business, Guest Blog, Homepage, Retirement, selling your company, Small Business Tuesday, August 29, 2023 4:22 pm

It’s a well-known fact that most business owners pour their heart and soul into their business ventures. When the time comes to retire, closing down the business may seem like the easiest way out. However, shuttering your business might not be the most profitable decision that you can make. Selling your business is a probably better option. Here’s how to prepare for a successful business sale when you feel it’s time to move on. Should You Close Your Business? Before delving into the details of selling a business, there’s a fundamental question: should you close your business? The answer is […]
The post Considering Retirement? Don’t Just Shut Down Your Business, Sell It! appeared first on Barbara Weltman.

Recession Proof Your Business Using AI

Recession Proof Your Business Using AI

AI, AI ethics, AI tools, General Business, Homepage, recession proof your business, Small Business Tuesday, August 29, 2023 5:24 am

Are we going to have a recession or not? Ask 3 economists and you get 3 different answers. The best course of action is to prepare and if we don’t have a recession, the business is in a better position anyway. One way to prepare is to deploy generative artificial intelligence (AI). It’s been reported that over half of businesses have already experimented with AI. If you haven’t tried, you may well do so soon. Here’s what using AI can mean to you and how it can help you if a recession occurs. Generative AI Generative AI is defined as a […]
The post Recession Proof Your Business Using AI appeared first on Barbara Weltman.

Can Real Estate Marketing Be Effective and Affordable?

Can Real Estate Marketing Be Effective and Affordable?

Article, Digital Marketing, Marketing, Operations Monday, August 28, 2023 1:44 pm

The post Can Real Estate Marketing Be Effective and Affordable? appeared first on Think Realty.
Here’s how digital tactics help you use your budget wisely and reach your audience. The exclusive new luxury community you’ve been working on is finally pre-leasing, and it’s time to find residents to fill available units. You hope that people have driven by and seen the impressive construction for the last few months and that […]
The post Can Real Estate Marketing Be Effective and Affordable? appeared first on Think Realty.

Default Servicing Industry Leaders Expect Slight Increase in Foreclosure Volume and Falling Home Prices to End 2023

Default Servicing Industry Leaders Expect Slight Increase in Foreclosure Volume and Falling Home Prices to End 2023

Article, Foreclosures, Housing Market, Market & Trends, Market Update Friday, August 25, 2023 12:00 pm

The post Default Servicing Industry Leaders Expect Slight Increase in Foreclosure Volume and Falling Home Prices to End 2023 appeared first on Think Realty.
92% surveyed expect foreclosure volume to increase as roll rates from delinquency rise 85% surveyed expect home prices to decrease, eroding equity for distressed homeowners Respondents estimate seriously delinquent loans have less than 20% equity on average Nearly half of seriously delinquent FHA loans have enough partial claim capacity to fund proposed Payment Supplement Account, […]
The post Default Servicing Industry Leaders Expect Slight Increase in Foreclosure Volume and Falling Home Prices to End 2023 appeared first on Think Realty.

10 Ways to Borrow Money for Your Business Now

10 Ways to Borrow Money for Your Business Now

borrowing, business financing, business loans, Crowdfunding, General Business, Homepage, Small Business, Small Business Loans, SMB Financial Thursday, August 24, 2023 5:25 am

You may need money for your business, but interest rates are high right now. It’s been reported that small businesses are paying the most for loans in 16 years, with the average rate on a short-term loan at 9.2% Still, you may need money to renovate your facilities, hire additional employees, invest in technology or expand to another location. If you need capital to make your vision a reality and you don’t have cash on hand, borrowing may be your only option. Here are 10 places to look for loans, and the upside and downside of each type of borrowing: 10 […]
The post 10 Ways to Borrow Money for Your Business Now appeared first on Barbara Weltman.