Nov
07
2023
Accounts receivable financing is a funding agreement that enables businesses to receive early payments on outstanding invoices. Essentially, companies use their clients' unpaid invoices as collateral to back an immediate cash injection from a lender. The lender gets a...
Oct
10
2023
As a small business owner, you understand the importance of accurate financing and proactive financial professionals. When your business was new, you may have handled some of these and other administrative tasks, including human resources, sales and marketing, yourself....
Sep
07
2023
Regardless of industry, most businesses require various pieces of equipment to function. As a startup, you might not earn enough profit to afford the equipment to get your company off the ground. Startups sometimes find themselves in a dilemma...
Aug
08
2023
A small business loan guaranteed by the SBA is one of the most helpful tools for small businesses to get on their feet. A bank or lender offers an SBA loan, but the SBA guarantees it, creating less of...
Jul
07
2023
If there’s one word small business owners dislike hearing, it’s “debt.” Just the mention of debts is enough to send shivers down your spine. You know how hard you work to make healthy profits, so the idea of having...
Jun
13
2023
Some investments are difficult to avoid as a business owner. In the modern-day age, equipment is used to expedite countless tasks. From large machinery to personal computers, you may need to purchase all kinds of equipment in order to...
May
09
2023
When it comes to financing, loans that are backed by the Small Business Administration are some of the most sought after. Lenders can offer much higher values for SBA loans than traditional loans, with competitive rates and flexible terms....
Apr
11
2023
If you are interested in entering the aircraft industry, you may be thinking about supplying parts for aircraft. Unfortunately, many who are opening or want to open businesses do not know how to create a formal business plan, but...
Mar
14
2023
Though there is no secret to success, it can be important to note that many business owners are able to get ahead because they plan in advance for specific problems. Specifically, it is important to understand what to do...
Feb
14
2023
Entrepreneurs must keep their personal and business finances apart. Mixing them can have catastrophic consequences. Besides muddying financial forecasts, it creates a mess during tax time. Here are a few guidelines that every businessperson should follow to avoid corporate...