Revenue and capital are the lifeblood of your business. With sufficient business capital, your company can purchase needed equipment, take advantage of better pricing tiers when buying inventory or hire additional workers to boost productivity. Where can you get...
One of the most unexpected challenges new businesses face is unpaid - or slowly paid - invoices. This often negatively affects a company’s cash flow, which in turn can exacerbate an organization’s accounts payable department. In other words, when...
As you begin managing your small business, you will find finance management is a huge challenge. Although you have made a significant investment in location, products, training or marketing tools, daily operations continue to dwindle your supply of working...
One universal challenge faced by many small business owners is cash flow management. There are times the business needs more cash than is readily available. More businesses are choosing alternative financing to meet their funding needs rather than working...
Your business credit score is crucial to your company’s success. Lenders use it to determine your credit worthiness, which is largely based on your bill payment history. The higher this number the better chance you have of obtaining financial...
Cash flow shortages can hinder any business, which is why many turn to accounts receivables financing. Also known as factoring, businesses sell their outstanding invoices for a small percentage of the amount of the receivable. The factor advances a...
As with any new business venture, there are a number of things about commercial real estate that can only be learned the hard way or taken into account as advice. If you’re in the beginning stages of the investment...
Industries like construction and manufacturing usually require the frequent use of all kinds of equipment, many of it on the expensive side. If your business is looking for ways to save money and resources, you may want to consider...
Employees spend a significant portion of their lives in an office. The way they feel during those long hours impacts productivity. Positive, energetic workers create an atmosphere that’s conducive for success. Meanwhile an unhappy, fatigued staff can result in...
Small business owners who are trying to grow their operations often need financing so their businesses are not limited by the amount of cash-on-hand. As an alternative to taking out a line of credit or installment loan, many consider...