Emily Morgan — February 25, 2020 Unsplash.com A successful small business needs constant investments. You should invest your resources, time as well as cash to turn your startup into a prosperous company. However, not every business owner has enough financial savings to support their small venture. Thus, taking out a small business loan can be … Continue reading Costs of Business Borrowing: Simple Interest, APR, Factor Rate & Amortization (Explained)
Kaitlyn Hammond — February 10, 2020 Small business owners trying to grow their businesses need sufficient capital (i.e., money) to pay for inventory, marketing, equipment, and other vendor-related items. But owners must also have enough capital to pay for operational expenses like rent, utilities, and labor. And let’s not forget about the owner’s salary or … Continue reading Finance 101 for Small Biz: Debt vs Equity
Tucker Mathis — December 10, 2019 Follow @https://twitter.com/finsync Most businesses are born from a great product or service and strong leadership. Unfortunately, many fail because of poor finances. Companies that struggle with cash flow, delayed vendor or employee payments, or mismanaged bookkeeping understand the importance of a company’s financial health. Still, six out of ten … Continue reading 3 Ways Your Small Business Can Benefit from Expert Financial Advice
Jeanne Hardy — November 29, 2019 Follow @creativebizinc stevepb / Pixabay At the end of the year, small business owners must take on a complex balancing act with their finances to ensure that they’re well-positioned going into the new year. There are two important factors at play: first, mitigating tax liability while maintaining enough cash … Continue reading Year-End Financial Planning for Small Businesses
Terry Lammers — September 30, 2019 Having a professional business valuation can be eye-opening for both the buyer and the seller of a company. In some cases, a seller might have a magic number in mind of what the business is worth only to eat a big spoonful of humble pie when the true valuation … Continue reading Uncovering Your Company’s True Value With Normalized Financial Statements
Through the power of a credit card, everyone in the organization has become a technology purchaser without strategy or discipline. That needs to change. Anita Brearton on September 5, 2019 Over the last five to 10 years, companies have been spending more and more on technology to acquire, engage and retain customers. Increased pressure to achieve … Continue reading Stack evolution: Cancel those credit cards and put a process in place
Peter Daisyme — September 3, 2019 — September 3, 2019 With recession fears increasing day by day, it won’t be long before companies start looking for new ways to save money. Economic downturns can be make-or-break situations for plenty of businesses. And, costs are a big factor in who makes it out intact. Don’t wait … Continue reading Get Lean: 5 Ways to Save Money in Any Economy
Jeff Rose — August 2, 2019 — August 2, 2019 It may sound old-fashioned in an age of online investing, but everybody needs to have uninvested cash – at least a little. But the problem is interest rates. They’re still at historically low levels in all the usual places, like local banks. That’s why we … Continue reading How to Make the Highest Interest on Your Business Savings Accounts
Robert Gloer — February 21, 2019 Follow @IOUFinancial — February 21, 2019 Many business owners haven’t had the opportunity to attend fancy college programs in business and finance. Nonetheless, there are many terms related to loans and credit that you need to understand, especially if you are about to apply for your first business loan. … Continue reading Lending Terms Business Owners Need to Know
Douglas Pitassi — January 15, 2019 Follow @DouglasPitassi — January 15, 2019 Unless you have a degree in finance, chances are you entered the workforce unprepared for financial growth. As you move through life there are certain considerations you must observe, if you plan to develop a healthy financial status. Learning about the common pitfalls … Continue reading The Most Important Financial Mistakes for Millennials to Avoid
