Business Resources Library

4 Reasons for Small Businesses to Give Back

Year-round, small businesses rely on customer and community support to prosper. As essential members of their communities, it’s important for small businesses to give back to show their appreciation and dedication to those that have helped them succeed. Since the holiday season is a time to show gratitude to our friends and loved ones, it’s also a great time for small businesses to say “thank you” by giving back. Contributing to the people and communities that support [...]

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Small business tax reporting questions

A sound tax strategy is a vital component of any successful small business. Developing one for your business will require you to make numerous important decisions on how your taxes are reported. Taxpayers and their tax professionals work hard to develop strategies to minimize the tax obligation while staying in compliance with all applicable laws and regulations. To help you navigate these decisions and better guide you as you work with your business’s tax professional, we’ve [...]

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Top Resources for Veteran Business Owners

At Excelsior Growth Fund (EGF), our Business Advisory Services team has helped veterans gain access to services and loans that help them build the businesses of their dreams. Through our experience, we also know that some of the major challenges veterans face are finding loans with good interest rates and repayment terms; finding ways to transition military skills to civilian life; and getting useful information needed to open, run and grow successful businesses. As National Veterans Small [...]

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Common small business financing mistakes

Having enough working capital on hand can be a challenge for a business at any stage. Whether you’re a start-up getting ready to launch, an existing business looking to expand, or a seasonal business managing cash flow, there may come a time when your business needs a boost to fund your day-to-day operations. Often, business owners assume that a line of credit is the correct type of financing to meet their working capital needs, but that may not be the case.  In this article, [...]

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