Starfield’s SBA Articles — Resource of the Week

The Pennsylvania-based law firm Starfield & Smith does a lot of SBA loan closings around the country. They share their knowledge and experience in articles posted on their website. In this post I describe a few of the articles on loan topics to give you a flavor of what’s available. But you should check out the Starfield archives.

Best Practices: Technical Corrections to SOP 50 10 5(F). This piece is representative of Starfield’s articles that keep readers abreast of developments in SBA loan rules. The article highlights important changes and contains a link to the updated SOP.

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NRAI Filing Charts — Resource of the Week

small business resources

I wrote recently about why business buyers should perform lien searches as part of their due diligence process. This week’s featured resource is a series of charts published by third-party search company National Registered Agents, Inc. These charts summarize information relating to filing requirements for each of the 50 states in one handy place.

For example, the incorporation chart summarizes the corporation law in each state about such matters as cumulative voting, preemptive rights, general purpose clauses, required forms, and fees. NRAI has similar charts for limited liability companies and limited partnerships.

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LinkedIn — Resource of the Week


LinkedIn is the social media platform for professionals. A lot of people use the service to connect with business contacts, keep in touch, and research prospects. But this post is about utilizing LinkedIn’s social media features, especially the news feed.

As with social media platforms such as Facebook, LinkedIn (for the most part) requires a reciprocal connection between users. Unlike Twitter, where people can follow you without your permission, LinkedIn requires you to accept an invitation to connect before a potential connection can see your LinkedIn activity.

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Docracy — Resource of the Week


Do you need access to form contracts? Have you checked out Docracy?

What are you waiting for?

Docracy is an online resource for crowd-sourced contract templates. I’ve used documents that I found on Docracy in my own law practice, and I’ve also contributed to the cause by uploading a couple of my own contracts for others to use. The quality of documents that have been uploaded to Docracy ranges from good to not so great, but I’ve found it to be a great resource.

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Hootsuite — Resource of the Week

Hootsuite home page

Do you run your business’s social media operation by yourself? So do I. Folks like us need quality tools to help us out.

Hootsuite is a social media management application. It can serve as your control panel for consuming content from — and interacting with — a number of different social media applications such as Twitter and LinkedIn (my two favorites). Through Hootsuite you can access all your social media accounts from one place to save you from having to log into each one separately.

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Instapaper — Resource of the Week


There’s an incredible amount of interesting and entertaining information on the Internet. There’s so much, in fact, that it’s a good idea to develop a usable workflow so you don’t drown in a sea of information.

In past Resource posts I’ve talked about using tools like Twitter and Feedly to set up a system for automatically bringing information from the web to you. Today’s post is about Instapaper, a tool that helps you easily save links to content so you can read the articles when and where it’s convenient for you.

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Feedly — Resource of the Week

RSS feed aggregator

The best thing about web 2.0 — that is, social media, blogs, and the rest of the interactive Internet — is that you can have interesting information come to you. Using the right tools, you can set things up so great content comes to you while you’re doing something else. Then you can interact with it and with the content’s creators on your own schedule.

My last two Resource of the Week posts were about Twitter, as a tool for listening as well as a tool for connecting. Today’s post talks about RSS feeds and specifically Feedly, one of the most popular tools for harnessing the power of RSS.

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Twitter As a Tool for Connecting — Resource of the Week


Last week I wrote about using Twitter as a tool for discovering interesting and relevant information. This week I’m writing about connecting with others through Twitter.

When you use Twitter as a tool for discovery, you’ll follow people who tweet about information that’s interesting to you. And their tweets will populate your timeline, where you’ll find links to interesting articles in your industry or other fields of interest, as well as videos, photos, and more.

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Twitter as a Tool for Listening — Resource of the Week


Twitter is a great tool for easily finding new information about topics that interest you.

When I was first introduced to Twitter, I didn’t have any use for it. I didn’t see the point of trying to get people to follow me just so I could broadcast whatever was on my mind. Plus, why would I want to follow people to hear about what they had for breakfast?

But I was looking at Twitter backwards. Twitter isn’t about broadcasting inanities. It’s about creating a simple system for allowing interesting information to come to you. Set things up right and you’ll have easy access to breaking news, items of personal interest, current happenings in your industry, interesting events in your town, and — if you choose — personal trivia like what people are eating or their recent workouts.

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Small Business and Self-Employed Tax Center — Resource of the Week

small business resources

Government agencies often provide a wealth of information for small business owners. That’s true of the Small Business and Self-Employed Tax Center, which is published by the IRS. According to the website, it serves taxpayers who file Form 1040, Schedules C, E, F or Form 2106, as well as small businesses with assets under $10 million — in other words just about all small business owners.

SB/SE contains a collection of tax forms and publications that are relevant to small businesses, but it has much more. For example, the Starting, Operating, or Closing a Business page contains links and information about starting and operating a business. It even has resources for helping a small business owner close a business — a common occurrence that doesn’t seem to get a lot of press. If you click on the “Operating a Business” link on the page, you’ll find information about such topics as independent contractors, tax recordkeeping, changing your business name, and paying estimated taxes.

Check out the SB/SE page, click on a few links, and explore the wealth of information that’s available.

Image credit: Jim Antonio via stock.xchng.