If you are looking for financing for your business, you have two major categories of loans to consider: credit-based and asset-based. Each has its benefits and drawbacks. Many people first consider credit-based lending because there is no need to...
For many, getting a solid grasp on a stable financial future seems impossible. Understanding what each and every financial resource and asset is can feel daunting and impossible to start. One important resource for retirement is a 401(k), but...
Working capital loans are often the key to getting your business through an expensive growth phase without depleting your reserves or disrupting the flow of business in your existing accounts and income streams. That makes understanding how to land one essential for...
Organization is vital for the success of your business. Getting organized helps to improve your productivity, allows for more effective planning, and helps you to provide quality service to your customers. If you’re looking for ways to improve your business organization, here’s...
It is the goal of many millennials to start their businesses. However, unknown to many, being a young entrepreneur is quite demanding, as you must put double efforts into your business to make it work. You must act decisively...
It's astounding to realize that more than four-fifths of all small business failures stem from cash flow problems, but recent studies have shown it to be so. That also means a lot of entrepreneurs could have averted their misfortune with the right...
Most types of businesses may require an additional source of capital at some point. While the already established enterprises may not suffer major financial problems, the small startups sometimes experience major financial blowups. Although financial institutions offer many types of loans to entrepreneurs,...
Too often, small business owners encounter challenges in securing business loans. This is because the financial institutions, especially the traditional banks, consider collateral and other assets that the small business owns. Luckily, the small business administration provides viable solutions to help young entrepreneurs...
Buying commercial real estate is usually opted for by investors since the value of property often appreciates well over time. Further, there is a ready market. For these and more other beneficial reasons, more and more people are investing in commercial real...
If you look five years into the future, do you see your business exactly as it is today? With hope, that won't be the case. Goals and aspirations for growth are healthy and expected when you run a small business. What should...