Tag Archives: business

How to Find the Right Business Credit Card

Even in a volatile economy, business can still flourish with the right attitude and the proper financial discipline. Liquidity and cash flow is essential to the continued operations of a business in the short term and in the long-term. With many of the traditional financing options unavailable to small businesses, the only course of action for many business owners is to find the right business credit card.

The right business credit card can provide a business owner with liquidity in emergency situations. It can also be a lifesaver in that the business owner will not have to wait on any bureaucracy or paperwork in order to get the money that he or she needs to fix a short-term situation. (more…)

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Uncollected Internet Sales Taxes Cost Missouri $468 Million Annually, MU Study Shows

MU researchers recommend legislative action to help local economy, state revenue

COLUMBIA, Mo. – Internet, or e-commerce, sales have increased over the past two decades, comprising nearly 17 percent of the total U.S. sales in 2009. However, many states, including Missouri, have no effective means of collecting taxes on those sales. Researchers at the University of Missouri Truman School of Public Affairs found that the state lost approximately $468 million annually in sales tax revenue during the past decade.

Federal law and U.S. Supreme Court rulings only allow states to levy sales taxes on a business with a physical presence in the state. For example, Amazon.com does not charge sales tax in Missouri because it is physically located in California. However, Wal-Mart charges sales tax, since it has stores in Missouri. In the study, researchers analyzed historical data on e-commerce activity and estimated that the state will miss out on $1.4 billion in potential revenue from 2011 to 2014. (more…)

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In India, Traffic to Business and Finance Web Sites Surged 45 Percent in Past Year

*Banking Sites See Strong Growth as More Indians Turn to the Web for their Personal Financial Needs*  

Mumbai, India, August 18, 2010 – comScore, Inc. (NASDAQ: SCOR), a leader in measuring the digital world, today released its June 2010 ranking of the top Business/Finance sites in India based on data from its comScore Media Metrix service.

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