Nov
12
2020
While it’s important to reinvest money into your business, you also want to keep a healthy amount of capital in savings for a rainy day. Spending too much money before you have a solid income stream can make it...
Oct
08
2020
Lines of credit and business loans are both excellent ways
to grow your business. Here are a few differences you should know. They can
help you decide which option to choose for your next purchase.
1. Interest Rates
Long-term loans can have incredible...
Sep
10
2020
When you left school you thought that the days of writing
reports and essays were behind you, but if you're planning on starting a small
business then that couldn't be farther from the truth. Writing things down is
not a waste of...
Aug
13
2020
Invoice factoring is an excellent way to financing your
business needs without taking on debt. You don’t need to worry about down
payments, collateral, credit score or other concerns commonly involved in
lending. Instead, you can exchange unpaid invoices for a large...
Jul
09
2020
The purpose of the Small Business Administration is to help
startups and small businesses to have solid financial footing. The SBA focuses
on keeping small businesses healthy, encouraging excellent cash flow and
helping you get the things needed for operations. This definitely...
Jun
11
2020
When businesses provide services to their clients, they know
that they will receive payment. However, sometimes clients will not pay their
bills until over a month after the services were rendered. For larger companies
with established lines of credit and lots of...
May
14
2020
Accounting is an essential part of any business. As you
start out, you may be handling your own taxes. Consider the right time to hire
an accountant and find out how you can benefit from the professional services
of a qualified accountant.
Writing...
Apr
09
2020
To supplement cash flow or to fund growth, businesses with a
high volume of credit card transactions often turn to unique funding
opportunities like a merchant cash advance.
An MCA can be defined as a discounted purchase of future
credit card transactions. The...
Mar
12
2020
Most business owners need some financial assistance along
the way. You might be starting a new enterprise, expanding your staff, or
growing your client base. Financial markets and business trends could also be
affecting your bottom line. Any or all of these...
Feb
13
2020
Running out of cash is one of the major causes of small business failure. Whether you’re just launching your business or looking for a way to keep it afloat during a tough time, use these cash flow tips to...