Among the many uses of business lines of credit is being able to improve your business’s cash flow. Doing this can take great care of your company’s financial health and make it easier to respond to unexpected emergencies. How...
Being a small business owner can be deeply rewarding — and challenging. Getting to be your own boss has many upsides; the creative freedom and vocational flexibility are a big plus in today's rapidly changing economy. A major challenge...
The attributes of a leader are not something everyone has or understands. The problem with that is that poor leadership can destroy a business or team. You have to develop the skill of a leader if you wish to...
Your working capital is the money that you use every day to cover expenses such as payroll and supplies. This funding is extremely important to your company’s operations, but sometimes the money you make does not fully replace the...
Virtually every business depends on its equipment every day to generate profits. It’s impossible to over-stress the importance of investing in high-quality equipment for your company. How can you obtain the capital needed to purchase things such as heavy...
If you're not applying for business loans or new credit, you might be tempted to overlook your business credit score for the time being. That's not a great idea, though. Your credit report is a useful tool for managing...
There are many ways to get funding for your company and a popular one for companies dealing in large invoices is accounts receivable financing. In AR financing, or factoring, you can use those invoices to get up to ninety...
When your customers are late on their payments and your vendors want you to pay them immediately, your finances can become a mess. One method for meeting your financial obligations is to sell your accounts receivable. By selling your...
Running a business can be an enriching experience, however, it can be a stressful one at times, too. This can be particularly true when it comes to finding the right kind of financing for your business and its particular...
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...