The LSBDC Blog provides tools, tips and news for starting, managing and growing your business.
What’s your password?
By Whitney Lemon Lesson Highlight: Keep your business accounts secure with strong passwords On top of that, many people use the same, easy-to-guess password. According to this CBS news story, the most common passwords of 2013 were: “123456,” “password,” and … Continue reading →
Louisiana SBDC says it’s time to make small biz cyber aware
Far too often a large national company is in the news for having sensitive information hacked through the internet. Of course, those are just the ones that make headlines. Nearly two-thirds of cyber breach victims are small to mid-size businesses. … Continue reading →
IRS issues proposed regulations on new 20 percent deduction for passthrough businesses
WASHINGTON — The Internal Revenue Service issued proposed regulations, on August 8, 2018, for a new provision allowing many owners of sole proprietorships, partnerships, trusts and S corporations to deduct 20 percent of their qualified business income. The new deduction — … Continue reading →
5 Ways Business Credit Cards Can Hurt Your Credit
Credit cards can be an indispensable tool for small businesses. These products offer companies a secure and convenient method of payment, while providing a valuable means of financing and being more readily available than other options like a small business … Continue reading →
What Small Businesses Should Know About Tariffs
By Peter J. Cazamias, SBA Recently the United States Government announced several new tariff increases. The U.S. Department of Commerce implemented tariffs on steel and aluminum imports for national security reasons. Separately, the U.S. Trade Representative (USTR) announced tariffs to … Continue reading →
The Biggest Risk to Your Business: Inadequate Cybersecurity
By Linsey Knerl Most consumers today have been a victim of theft. While not everyone has had the harrowing experience of a home burglary or stolen car, a compromised email password or Social Security number has affected almost everyone. The … Continue reading →