... your helpful small business start up loan resource

 ONE-2: Helping You Succeed

Certainly small business start up loan information is important to helping you succeed in your business. Here are some resources to help you along the way:

Hurricane Katrina - Businesses Can Claim Casualty Tax Losses
By Richard Chapo
Hurricane Katrina has left a wide and long path of destruction. Besides the human toll, businesses on the Gulf Coast have taken a beating. If yours is one, here is how you can write off casualty losses on your taxes.

Casualty Losses – Katrina

If your suffered losses because of Hurricane Katrina, you can at least write-off much of the loss. In doing so, you may be able to get a refund of taxes paid earlier in the year.

Tax law allows businesses to write-off property that is damaged or destroyed because of a storm. To claim the deduction, you must show the following:

1. A specific casualty occurred and when it occurred,

2. The casualty was the direct cause of Katrina, and

3. You are the owner of the property.

In the case of Katrina, this shouldn’t be difficult to do. Take pictures of anything that is a loss and try to compile a list of everything destroyed or damaged. Obviously, this should occur after taking care of your personal situation.

Importantly, owners should make sure they claim everything damaged. With the horrific flooding, damaged property may

Franchise Direct's Embedded Videos are Creating a Wealth of New Opportunities for Franchise Businesses in the UK and Beyond
Franchise Direct's recent introduction of embedded videos and podcasts has opened up an entirely new field of promotion for web-based businesses. The franchising industry has found video to be a radically effective path towards profile expansion and increased profitability. As one of the world's leading portals for franchise and business opportunities, Franchise Direct is helping franchises maximise their potential. (PRWeb Nov 21, 2008)

Read the full story at http://www.prweb.com/releases/franchise-direct/video/prweb1640884.htm

]]>

Veterans Program Assists Transition to New Careers
Engrave-A-Crete Inc. the manufacturer and distributor of decorative concrete engraving equipment has announced that it will offer military veterans of the Iraq, Afghanistan and Persion Gulf conflicts a special program to assist in their transition to new careers. (PRWeb Nov 21, 2008)

Read the full story at http://www.prweb.com/releases/2008/11/prweb1648314.htm

]]>

My Bank Tracker Launches Interactive Financial Tools
MY BANK TRACKER releases new interactive financial tools to compare the best bank rates (PRWeb Nov 21, 2008)

Read the full story at http://www.prweb.com/releases/2008/11/prweb1650274.htm

]]>

At Trump National Golf Club, Personal Greetings from Donald Trump Capped A Deal between Tri Tax Franchises and Power Media Group, Inc.
"Tri Tax will award a franchise to 10 select individuals at a reduced cost and offer in-house financing," commented Carlos Marquez- Founder & CEO. (PRWeb Nov 19, 2008)

Read the full story at http://www.prweb.com/releases/2008/11/prweb1620974.htm

]]>

How To Protect Your Small Business From Bad Real Estate Decisions In Good Times Or Bad
Industry Veterans Launch One of a Kind Tool for Small Business and Franchise owners.Self-help manual "How To Find and Secure a Location for your Business" now available online (PRWeb Nov 19, 2008)

Read the full story at http://www.prweb.com/releases/2008/11/prweb1630304.htm

]]>

As Nation is Flooded by Layoffs -- A Tsunami of Severance Packages Hits Career Protection®
We hate to say "we told you so," but Career Protection's Annual 2008 Layoffs Forecast was correct in its prediction of massive layoffs for this year. Over 1,375 corporate executives nationwide completed the confidential annual survey regarding reduction-in-force plans conducted by the employment law and human resources experts of CareerProtection®.com. (PRWeb Nov 19, 2008)

Read the full story at http://www.prweb.com/releases/layoff/Career_Protection/prweb1637544.htm

]]>

include not only products but also anything that rusts. If your location is under water, make sure you investigate the impact on the property itself.

Theft Losses – Katrina

With the federal governments delay in rescue operations, your may have suffered losses related to theft. New Orleans, in particular, seems to have suffered an outbreak of theft problems. While I can understand a person taking water and food, I must admit I have little empathy for people stealing television sets. For owners, the distinction is irrelevant.

To claim a theft loss for your business, you must show:

1. When the property went missing,

2. A theft took place pursuant to your state law, and

3. You were the owner of the property.

The inevitable question that will arise for owners is, “How do I know what was stolen versus destroyed?” Technicalities aside, you should claim losses as casualties unless you have specific proof and a police report related to a theft. I seriously doubt the IRS is going to give you much trouble. If it does, a judge will laugh the IRS out of the courtroom.

Insurance Proceeds

If you receive insurance proceeds for your casualty losses, you must apply the proceeds amount to the loss you are claiming. Sorry, but not double dipping is allowed.

In Closing

First and foremost, get your family and personal situation in order. Your can wait and you will have options once you get to it.
Richard A. Chapo is with BusinessTaxRecovery.com - obtaining tax refund recovery for overpaid small business taxes. Visit BusinessTaxRecovery.com to read more business tax articles or our new tax credits


We hope you found this small business start up loan information to be helpful.

The Small Business Interest Rate Trap
By Brent Finlay
Many owners and managers struggle to get the small business financing necessary to operate and grow.And while most people would universally agree that lower cost debt is better than Read more...

Affiliate Marketing for Home Business Opportunities
By Richard Henderson
Affiliate Marketing for Home Business Opportunities If you desire to work at home, but are sketchy as to whether your business skills are enough to succeed, try affiliate marketing Read more...
Turnover is the number of times that an average inventory of goods is sold during a fiscal year or some designated period. Care must be taken to ensure that the average inventory and net sales are both reduced to the same denominator; that is, divide inventory at cost into sales at cost or divide inventory at selling price into sales at selling price. Do not mix cost price with selling price. The turnover, when accurately computed, is one measure of the efficiency of a business.
 

small business start up loan
topics

Government Small Business Loan
Small Business Loan Bad Credit
Small Business Loan For Woman
Minority Small Business Loan
Small Business Start Up Loan
Unsecured Small Business Loan
Online Small Business Loan
Small Business Administration Loan
Small Business Startup Loan
Va Small Business Loan
How To Get A Small Business Loan
Veteran Small Business Loan
Small Business Association Loan
Federal Small Business Loan
Small Business Bank Loan
Small Business Loan Canada

Business Resources
Boost Your Business With Free Web Promotion
By Aurel Radulescu
Whether you are starting a new business or operating on a budget, you cannot go wrong with free web promotion. The truth is that not everyone has an expense account to justify an aggressive Read more...
More Business Information
3 Quick Ways To Start Your Own Online Business In Less Than 24 Hours
By Cory Threlfall
The Internet and online business especially are becoming more and more popular by the day in todays world simply because people are starting to see the true benefits of the web, consumers are Read more...

one-2.org is not responsible for the accuracy of the content posted
on this site or any decisions made based the content presented here.