A business loan is not income. It’s a liability that you’ll repay over time. Here’s how to record it correctly: Create a loan liability account. Set up a Long Term Liability or Other Current Liability account (depending on the loan […]
Author Archives: WCC Chamber
Discover Western Chester County Directory
WCCCC is happy to bring you the publication, Discover Western Chester County. This Regional Guide and Directory is a resource designed to highlight, inform, and connect the ChescoWest region. Discover Western Chester County is an invitation to explore, to engage, […]
A Guide to Starting Your Business With Little Capital
edit Starting a business is a dream for many, but the lack of startup capital can be a significant hurdle. However, with strategic planning and effective management, you can turn this dream into reality. Here’s a comprehensive guide on how […]
Adapt Your Website Quickly and Efficiently with These Tips
With the emergence of the digital age, having a website for your small business is crucial to success. Websites serve as the virtual storefront, a showcase of products and services offered, and a platform for customer engagement. Websites require constant […]
Starting Your Business
Everything you’ll need to know can be found at PA Business One Stop Shop! CLICK HERE FOR A BUSINESS PLAN TEMPLATE
Farm Vitality Planning Grant
Farm Vitality Planning Grant The Farm Vitality Planning Grant Program will help fund professional services for those planning for the future of a farm. The program will enhance the long-term vitality of Pennsylvania’s farms through sound business planning, efficient transitions […]
Work Opportunity Tax Credit
Work Opportunity Tax Credit (WOTC) The Work Opportunity Tax Credit (WOTC) is a federal tax credit available to employers who invest in American job seekers who have consistently faced barriers to employment. Employers may meet their business needs and […]
The Power of Networking
NETWORKING – Business networking can mean a lot of things to different people. Just depends on who you ask. Often times the first thing many think of is a room for a stuffy professionals, all wearing name tags, trying to […]
To the Self-Employed: Know your Retirement Options Beyond the Value of your Business.
Submitted by Karl Klingmann, Penn Rise Advisors Your business provides income today but what is your plan for generating income during retirement? Planning now is important: you most likely do not want to work until your last breath, rely on […]
Pricing Strategies to Maximize Profits
Pricing Strategies to Maximize Profits.OCT 2022.final (2)