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This article is a collaboration of the Puerto Rico Society of Certified Public Accountants By CPA Cecilia C. Colón Ouslán, CGMA, Esq. Past Chairman of the Board of Directors - Puerto Rico Society of Certified Public Accountants If you are self-employed and provide
We must be prepared to face natural disasters like hurricanes Irma and Maria. Every business is at risk, and to ensure the continuity of your business when disaster strikes, it is essential that you mitigate that risk. Developing a business continuity plan is one of the
In the event of a natural disaster, having business interruption coverage¹ will help you replace your business’ lost income. It also covers operational expenses such as incurred payments for contracted services even if the business is temporarily closed. For business
Financial fundamentals that will make your business thrive Whether you’re starting a small or medium-sized business or an online operation, the key to success is the same: knowing how to responsibly manage your finances. Let’s say you’ve got a great idea for a
As part of the relief efforts to help mitigate the devastation caused by Hurricane María, the Small Business Administration (SBA) is providing loans business owners—regardless of the size of their operation—, as well as loans for individuals, property owners, and tenants.
Differences between a line of credit and a term loan. Are you thinking about choosing a credit product for your business? If so, let us provide you with some orientation on the differences between a business term loan and a line of credit. Each product will help you in
As part of its focus on supporting local development, Banco Popular has announced that it will open a third call for entrepreneurs who want to participate in the StartUp Popular program. Applications will be taken from March 15 to May 31, 2017. StartUp Popular is designed to
Learn about 5 tools that make life easier by handling your business' finances. If you recently began working for yourself or are developing a business, it is possible that you've wondered why you should open a business account, instead of managing your business' finances
Solid companies have business accounts and any business owner who aspires to success should also consider opening one. First impressions mean a lot and a business with its own business account project professionalism, solidity and commercial legitimacy. Additionally, a
Have you decided to take the step of looking for financing for your small or medium-size business? Here are some strategies for applying for commercial credit1. Finding financing for a small business is easier than you think. If you prepare and get organized to show that you
