One of the challenges of running a small business is making sure that there is enough money to meet its obligations. On any given day, employees may need to be paid, vendors may need to be paid and tax deposits may also be due. Therefore,…
“If you build it, they will come,” is not a good plan for business expansion. A busy business with an owner who thinks that expansion definitely equals more business is a business that’s headed for disaster. A full-fledged business expansion is a lot of work…
Having access to funds, particularly by small or independently held businesses, is a vital element of company growth. Based on a write-up in Forbes Magazine, which cites information from Pepperdine University’s Capital Markets Report in 2014, almost 89% of company owners reported they did not…
Anyone that has ever started a small business can tell you that you will need a small business loan to operate your business, (even if you are lucky enough to operate in the black by your second year). Most new small businesses will find that…
Indicators in today’s business environment often point to businesses having difficulties obtaining lending from banks. Often times the inability to secure lending can hinder the ability of a business to create jobs while growing. On the other side of the spectrum, business of today can…
Most people think the reasons a small business fails in the first two years involves poor ideas or low-quality products. Those reasons are true. The biggest reason for small business failure is money—or the lack of it. Running a small business take a lot of…
The holiday season is upon us, and the New Year is fast approaching. It’s tempting to leave any decisions around your small business until after the festivities have finished, but there are benefits in putting in some work towards your next year’s goals way before…
Your business needs to participate in Cyber Monday to make sure that it is going to have as much money coming in as possible. The best businesses are using the holiday season to balance their books, and you are going to make a lot of…
It doesn’t matter who you are or what organization you belong to, anyone and everyone needs startup cash. The old saying, “You gotta spend money to make money,” couldn’t be more true. The problem is if you don’t have the money up front, you could…
Credit is something that is a very integral part of this world If you want to really excel in this world you will need to be able to really build your credit. If you own a business you have access to the world of business…