Each month, we send an email blast to students enrolled in the program with a list of funding opportunities and business resources. In between the monthly email blasts, we keep this spreadsheet updated daily with new opportunities that we find (the last column indicates the date when the item was added to the spreadsheet)
Here is a link to spreadheet:
Small business owners should prepare for significant changes in 2025, including a potentially more business-friendly federal administration, state-level overtime and minimum wage adjustments, the phased implementation of new FinCEN registration requirements, and expanded tax regulations on third-party payment platforms like Venmo. Inflation remains a key concern, with conflicting policies from the incoming administration potentially impacting costs, while the Small Business Administration transitions to new leadership under Kelly Loeffler. To read more about these items, see this article in the AP News.
This recent article in Entrepreneur shares one woman’s three takeaways from building businesses in male-dominated industries: the power of diverse teams to foster innovation, the importance of filling market gaps with unique solutions, and the necessity of managing growth and cash flow with discipline. Her journey highlights how resilience and strategic thinking can drive success, even in the toughest markets. Check out the article to read more!
This article posted in Key Health highlights 10 smart tax planning tips for business owners to tackle before the end of 2024. It suggests revisiting your business structure, retirement plans, and wealth transfer strategies to save on taxes and prepare for the future. You can take advantage of options like bonus depreciation, expensing rules, and the qualified business income deduction to lower your tax bill.
It also reminds online sellers to prepare for updated 1099-K reporting requirements and encourages compliance with the new Corporate Transparency Act to avoid penalties. Plus, there are opportunities to explore energy-related and R&D tax credits for added savings. Whether you’re planning a business transition or just looking to stay ahead of tax changes, now’s the time to consult with your tax advisor and set yourself up for a strong start in 2025.
This article from CNBC reviews five top LLC formation services, highlighting their features and suitability for different business needs. Their review found:
– FileNow: Best for fast processing, offers 24-hour service and a free registered agent for a year.
-LegalZoom: Ideal for access to attorneys, provides extensive legal support and additional features like contract reviews and compliance guidance.
-ZenBusiness: Great for those needing a website, offering LLC formation and website-building tools.
-Northwest Registered Agent: Recommended for registered agent services with added privacy protections.
-Bizee: Best basic package, offering free registered agent service for a year and lifetime compliance alerts.
Check out the article for links to those sites and to read more details about thier findings.