The Basics on Working Capital Loans

The Basics on Working Capital Loans

Every small business has experienced how important it is to possess sufficient capital handy. capital is the money a business must operate and therefore the cash your company needs to have to cover costs. The operating costs include buying inventory, paying employees and maintaining your building. If your capital is spread thin, it is time […]

5 Things to Remember When Planning Cash Flow

5 Things to Remember When Planning Cash Flow

Geoff Williams – Journalist, freelance writer SUMMARY 5 Things to Remember When Planning Cash Flow – While no business owner plans to fail, not planning cash flow could mean you’re setting your company up to do just that. The cash flow gods can be cruel. One minute, you have plenty in the bank, and the next you realize […]

Invoice Factoring for Entrepreneurs

Invoice Factoring for Entrepreneurs

You’ve launched a business, built a team, and attracted a base of clients who love what you are doing. In other words, you’ve become a real-deal entrepreneur. So now what? If you would like your company to still grow, you’ll have to finance your business for both the short term and also the long-term. To […]

Reducing Operating Costs for Your Startup Is Essential for Longevity

Reducing Operating Costs? Cash flow management is already a challenge for startups, but COVID-19 isn’t making matters better. With unemployment rising and other people spending less money on certain goods or services, startups are likely to suffer during this point . However, reducing operating expenses can help a startup stay afloat until operations are back […]

Business Attitude

Do You Have The Right Business Attitude?

One of the most important keys to success will be your business attitude. As we enter the second week of the New Year it is a good time to check our attitude about success. As Zig Ziglar says, “Your attitude in life will determine your altitude.” Small business success is about becoming bigger than your […]

What Happens When You Default on an SBA Loan?

What happens to my SBA loan when my business fails? So your business is struggling, and you are wondering, what happens to my SBA guaranteed business loan? What indeed… Let’s answer that question by first understanding what the SBA guarantee actually means. The guarantee is actually for the BANK, not the borrower. Which means that […]

Small Business Loans With A Poor Credit Score

Many small business owners struggle with obtaining business finance, and there is absolutely nothing unusual about this. Getting a business loan for small businesses, such as retailers, restaurants, garages and so on, is not as simple as one would think from the bank. This is not to say however, that getting a business loan is […]