Great news coming out of a Citibank small business survey. The bank asked 188 small businesses in the Miami area and found that 55% of small businesses were optimistic that 2011 would be better for their business than 2010. 30% believed that this year would be the same as last, while a few small businesses…

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Ah, corporate credit. I’ve been trying to help a few clients get loans for expansion and inventory needs. It’s been pretty tough. Banks have been very reluctant to lend any type of money, let alone a business loan. I don’t want to discourage anyone from applying for a loan, because it really depends on the…

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While a few years ago peer-to-peer lending seemed like a great way to find financing for your small business or start-up, it has yet to replace the banks as the small business’s choice of lender. Peer to peer lending isn’t achieving the growth it attained at its inception, and is still facing much scrutiny from…

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Incorporate your Business.  File articles of incorporation with the State. Apply for an Employment Identification Number (EIN) for the Corporation Prepare Corporate Bylaws Name at least three corporate directors Hold a Meeting of the Board of Directors Draft a Conflict of Interest Policy Apply for Nonprofit status by filling out IRS Form 1023 (there is…

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