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Another advantage: small business operators do not have to pay unemployment and pension insurance contributions. However, health insurance remains mandatory. The first payments to the relevant Chamber of Commerce and Industry (IHK) or Chamber of Crafts (HWK) can also be suspended in full for two...
Taxes come in many shapes and sizes, depending on what kind of business you run. The federal government collects excise taxes on items like gas, cigarettes and alcohol. Businesses pay sales taxes at the state level, while local governments collect property taxes, often based on the value of r...
What kind of business loan should you get? The best small-business loan to get is generally the one with the lowest rates and most ideal terms. But other factors — like time to fund, the loan's purpose and your business’s qualifications — play a role in determining the right type of...
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While it is recommended to avoid taking business loans where possible, if you have done enough financial planning and are sure that business loans can help grow your business, check our guide on how to get a business loan to get started. To help you avoid these same pitfalls, we ...
government agencies do not give these loans directly to owners of businesses, but provide a guarantee to banks that in case of a default in payment due to the failure of the small business, it will pay a portion of the loan to the lending institution, be it a bank or any other ...
6. Business interest and bank fees If you have a business credit card or a small business loan, anything you pay in interest during the course of the financial year is tax deductible. The same applies to fees charged by your bank for maintaining or using your business checking account. 7....
Choose Wells Fargo if: You're looking for a full-service bank and if you may need a small business loan. Other Business Checking Offers You May Like Spend $1500 with your Novo card within 90 days, and get $75 Click Here to Get Deal Expires 12/31/2024 Details 11. CAPITAL ONE: BEST...