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    Gross Or Net Income: What Is The Difference?

    Gross Or Net Income: What Is The Difference?

    Moving to the United States offers incredible professional opportunities, yet it often comes with a steep learning curve—especially when navigating the complex world of American personal finance. For many South Asians in the US, this challenge is compounded by the responsibility of managing financial obligations here while also supporting family and remitting funds back home. You are juggling US rent, student loans, or credit card bills alongside the commitment to your loved ones overseas. In this high-stakes financial environment, the single most critical distinction you must master is the difference between Gross Income…continue reading →
    Is A Merchant Cash Advance The Right Solution For Your Business?

    Is A Merchant Cash Advance The Right Solution For Your Business?

    Running a small business in the USA is challenging, requiring resilience, hard work, and, often, a rapid influx of capital. For many South Asian proprietors—who frequently manage high-growth enterprises in competitive sectors like hospitality, retail, or healthcare—the pressure to secure immediate financing for inventory, payroll, or unexpected repairs can be immense. When a bank loan takes weeks or months to approve, the speed and accessibility of alternative funding sources become incredibly attractive. This urgency often leads business owners to consider a Merchant Cash Advance (MCA). But what exactly is an MCA? It is…continue reading →
    What Is A Personal Guarantee? What You Need To Know Before Signing

    What Is A Personal Guarantee? What You Need To Know Before Signing

    For first and second-generation South Asian immigrants in the United States, owning a business is often the culmination of a lifelong dream—a profound investment of not just capital, but also deep family ambition and sacrifice. This venture often serves as the cornerstone of generational wealth and stability. However, the path to launching and growing these enterprises inevitably involves securing financing, a process that frequently introduces a complex and high-stakes legal document: the Personal Guarantee. Signing a loan for a new venture feels like a moment of triumph, yet the personal guarantee embedded in…continue reading →
    What Percent Of Revenue Should Go To Payroll? A Comprehensive Guide

    What Percent Of Revenue Should Go To Payroll? A Comprehensive Guide

    Every thriving small business owner in the US, particularly those entrepreneurs known for their ambition and sharp decision-making, understands a fundamental truth: employees are your greatest asset, but their cost is your greatest operational expense. If you've asked, "What percent of revenue should go to payroll?" you've pinpointed the single most important ratio for judging your business's financial health, efficiency, and long-term viability. This calculation—your Payroll-to-Revenue Ratio—is more than just a number; it’s a direct indicator of your operational stability and capacity for profitability. Get this ratio right, and your business operates as…continue reading →
    Tax Relief And Resolution: 5 Ways To Deal With Tax Debt

    Tax Relief And Resolution: 5 Ways To Deal With Tax Debt

    The burden of federal tax debt, compounded by mounting penalties and interest, can feel crippling. When notices from the IRS start arriving—threatening a bank levy, a wage garnishment, or a tax lien on your property—the anxiety is immense.1 For many individuals and business owners, especially those navigating life in the U.S. while managing assets, income, or family obligations overseas, the complexity of the tax code means that small issues quickly escalate into severe financial crises. Ignoring these notices is the single most costly mistake you can make. The IRS has extensive power to…continue reading →
    What to Do If You’re Unemployed and Can’t Pay Bills?

    What to Do If You’re Unemployed and Can’t Pay Bills?

    Losing a job is one of life’s most profound stressors, immediately replacing stability with a gnawing uncertainty. If you are an unemployed individual in the United States and find yourself unable to pay your bills, that stress is often magnified. For members of the South Asian community in the USA, this burden carries additional weight. The pressure to maintain Izzat (honor/reputation), the financial responsibility of multi-generational households, and the critical obligation of sending remittances (money back home) can make a temporary setback feel like a personal and familial crisis. We understand that fear,…continue reading →
    IRS Payment Plans: Which Option Fits Your Budget?

    IRS Payment Plans: Which Option Fits Your Budget?

    When the weight of tax debt feels overwhelming, it's easy to feel isolated and unsure of where to turn. The stress can impact every aspect of your life, from family finances to peace of mind. But it's crucial to know that you're not alone, and the IRS has a number of flexible payment options designed to help taxpayers in your exact situation. This guide is here to help you navigate these options with confidence and clarity. At Ooraa, we understand the unique financial challenges that individuals and families face. As a trusted leader…continue reading →