10-23-2019, 06:14 AM
There is another small business finance forum on, when one can pay tax for their small business and one of the replies says that you should keep a track of your purchase receipts and think about how much you would you would be able to turn in the coming year as the VAT is high. Another forum talks about the pursuit of financing, the small business owners should examine which bank is lending what amounts to whom and when. Since, the banks are getting stricter on credit standards and lending policies. The bank maintains loan portfolios and if a few of bank’s clients in a particular industry have defaulted on their loans, the bank would restrict lending loans to other companies in that particular industry. The small businesses can start their research for loan with state ranking of small business loan providers which is compiled by Small Business Administration (SBA).