A local theater’s crowdfunding campaign had a Hollywood ending. The owners of Screenland Armour, a movie theater in North Kansas City, credit crowdfunding with helping save their business. This spring, Adam Roberts and Brent Miller were able to raise $30,231 through a Kickstarter campaign, well over their goal of $20,000. The money has helped the theater buy new digital projectors and audio equipment. Roberts and Miller offered donors an array…
Why one local startup is turning to crowdfunding for early money. Joel Brummel and Jim Downey have a fresh new business idea that is so fresh and new that funders aren’t entirely sure what to make of it. Their company, Show Me Green Coal Management, wants to take wood, hay and other biomass and, through a process called torrefaction, turn it into environmentally friendly pellets that power plants can burn…
Is your business ready to overcome an unexpected disaster? It was a snow day that turned Cheryl Obermiller’s life upside down. The owner of Obermiller Construction went into the office as usual that morning and, by the next day, found that her company had been robbed of hundreds of thousands of dollars. The accountant who had been working for her for almost a decade had been forging checks and stealing…
How a cost segregation study can help reduce your company’s tax liability. Any business that owns real estate could benefit from a cost segregation study, a tax methodology that allows you to accelerate depreciation on your property, which can result in significant tax savings. Cost segregation is an engineering-based approach to identifying assets within a building that can be reclassified into a much shorter depreciation recovery period than the building…
Learn how to apply for government-backed business loans.In the market for a business loan? Heard about SBA loans but not really sure how they work or how to go about applying for one? The following are common questions that small business owners have about SBA loan programs and the loan application process. 1. How do SBA loans work? While the SBA does offer numerous loan programs to help small business…