Up and Running

AUGUST 29, 2014

Many people who want to start a business believe they will be able to get grants or loans to help them finance the venture. Do I need to hire a Certified Public Accountant (CPA) for my small business? As a licensed professional, a CPA has to adhere to a code of professional ethics. If not, the business idea is not feasible.

Small Business 87

Small Business CPA Government North America 87

YoungUpstarts

MAY 5, 2016

by Tim Steffen , CPA/PFS, CFP ® , CPWA ® , Director of Financial Planning for Baird. Yet too many people put their personal finances at risk to launch a business, but I believe it can be done without sabotaging your financial future. Don’t rely on credit cards if you need to finance the business. Don’t forego insurance.

Finance 100

Finance CPA SBA Bankruptcy 100

Up and Running

MAY 1, 2018

I did my research, prepared my business plan, and sent it to several financial companies for financing. I got an SBA loan and purchased my business within months of beginning my search. Have a bookkeeper and a CPA. Use an accounting software application so that you can provide your CPA with your financials as often as needed.

Florida 102

Florida CPA Dallas America 102

Up and Running

APRIL 2, 2015

I was really disappointed when I needed my company’s first commercial bank loan to finance receivables of more than $1 million—from well-known distributors no less—and we ended up having to sign a lien on our family home to get the loan. See Also The Complete Guide to SBA Loans. CPAs get sued over bad audits. Collateral.

Balance Sheet 60

Balance Sheet SBA Covenant Technical Review 60

The Startup Magazine

JANUARY 11, 2022

If you’re not up to the financial aspects of writing a formal plan, hire professional help from a CPA (certified public accountant) who specializes in creating two-year financial plans for new companies. Later, you can use the plan to obtain bank loans, measure results against proposed benchmarks, and adjust profit goals.

Entrepreneur 185

Entrepreneur Startup CPA Networking 185

Up and Running

JUNE 2, 2011

There comes a time when every business must secure financing to cover their growing needs. Unfortunately the world of finance can be a bit tricky, especially when it comes to business loans. The SBA considers additional character points when reviewing a loan request: criminal background, citizenship and legal status within the US.

Vesting 82

Vesting CPA SBA Bankruptcy 82

Up and Running

APRIL 18, 2012

I posted 5 Things Every Manager Should Know About Financial Forecasts recently on the Industry Word blog on the SBA (Small Business Administration) community site. 2. Forecasts don’t take an MBA, CPA, or PhD. I received an email overnight that reminds me that people still need a lot of reassurance about financials.

Forecast 63

Forecast SBA Aggregator CPA 63