If you’ve never considered it for your small business, consumer financing is something you should take a hard look at, because it offers some tremendous benefits for retailers. Described below are some of the chief reasons why consumer financing can...
Continue Reading →
How it Works to Keep Your Business Afloat: Cash flow is vital to keeping your business afloat. If you have more cash going out than you have to come in you’re not going to be able to stay “afloat” as...
Continue Reading →
Your business credit score does say a lot about the financial health of your company, and it’s one of the first things that any lender will look at to assess your eligibility for loans. Practically all of the important information...
Continue Reading →
Managing working capital effectively is an integral factor in small business success. To calculate your company’s working capital, subtract the current liabilities with payment due in under a year from current assets that can be converted into cash in under...
Continue Reading →
Debt can be a frustrating or intimidating aspect of business operations. Not only is is stressful to owe money but managing debt repayments along with other operational costs can cause problems for financial leaders in the organization. For this reason,...
Continue Reading →
Business credit scores are important: They reflect the financial reputation of your business and can directly impact your options when it comes to purchasing insurance or obtaining financing. For instance, 20% of “small business loans are denied due to business...
Continue Reading →
Starting your own business means you’re not only the owner but also the salesperson, marketer, accountant, and production manager. As your business grows, sharing responsibilities with a partner can build your business momentum. Places to Look for Business Partners You...
Continue Reading →
Writing a business plan might seem daunting at first, but it’s really just an outline of your vision. Although you can find hundreds of writers who can write business plans, there’s no one who knows your ideas better than you...
Continue Reading →
When attempting to finance a franchise acquisition, it can be difficult to know the best way to get funding. There are many options in banking to secure financing, each with their own benefits and drawbacks when used. SBA (Small Business...
Continue Reading →
Alternative financing comes from lenders other than traditional banks. Today’s traditional banking giants often don’t consider it worth their while (or worth the risk) to lend to smaller businesses. Because they have been turning away, alternative lending has grown and...
Continue Reading →