Personal Finance Buzz

Why do small businesses fail? Let's look at the oldest company in the world, Kongo Gumi, which recently went out of business to try and understand why small businesses fail.

The Internal Revenue Service published a press release on September 7th that provides some relief to small businesses who are adjusting to the new health care tax credit. The IRS provided rough versions of the forms that will be used to help both small businesses and tax-exempt associations calculate and claim tax credits for the 2011 tax season.

This is a guest contribution by Steve Sildon. American small businesses have suffered dramatically since the 2008 economic downturn. Discretionary spending

In an effort to broaden the availability and variety of credit for small businesses, the U.S. House of Representatives proposed legislation this week that would allow for credit unions to work with small business owners in choosing a loan package.

With a tough economy, numerous small businesses have been struggling with many having to close their doors. In 2009, there was a net loss of 108,300 businesses according to the Small Business Administration.

Each year hundreds of thousands of small business are started. Also each year, hundreds of thousands of small businesses fail. Being a successful entrepreneur takes more than simple having a good idea or the desire to get out of the rat race.

Each year hundreds of thousands of small business are started. Also each year, hundreds of thousands of small businesses fail. Being a successful entrepreneur takes more than simple having a good idea or the desire to get out of the rat race.