No matter what industry you work in, there is a possibility that you will encounter cash flow problems. High business costs can prevent smaller businesses from achieving growth, and can occasionally cause bankruptcy and other financial problems. For some businesses, if they need help buying supplies, purchase order financing may[…]
Read More »Regardless of your business structure, you are obligated to pay taxes on your earnings. Organizing and filing your small business taxes can be a pain, but there are ways to make filing easier. Use these tips to help simplify the process. Understand Your Tax Obligations The first step is identifying[…]
Read More »Emerging entrepreneurs have a different set of challenges and questions facing them than traditional or larger businesses. The following small business tips are for those whose businesses don’t mirror traditional formulas. It is important that you seek advice from those who understand the unique challenges facing modern small businesses, and[…]
Read More »When it comes to business loans, there are two basic options. You can get a secured loan, which involves putting up collateral, or you can get an unsecured loan, which, as the name suggests, is not secured by collateral. Before you decide on what type of loan to get, you[…]
Read More »In order to be successful in business, you have to learn how to manage your cash flow. Not having enough cash available in your business can mean trouble. One of the most common issues with small business cash flow is dealing with invoicing and overdue payments. If your customers aren’t[…]
Read More »There are many financial challenges faced by businesses, but few of them are as complicated and difficult to understand as small business health insurance. This necessary part of owning a business can be a frustrating and stressful distraction from running your business. Making a poor decision about the health insurance[…]
Read More »Financing your business is an ongoing concern. Whether you are having a lull in sales and need some money to get through the rough patch or you need to make some changes that require cash, you will run into points throughout the course of your business when you need to[…]
Read More »Starting a business is hard enough as it is. You need to acquire capital upfront, find investors and locate the perfect location to set up shop. The job only gets harder once you finally open your doors. Then you need to a plan to grow your business. You cannot afford[…]
Read More »You rely on your personal credit score for getting good rates when you go to take out a loan on a new house or car. Maintaining excellent business credit is vital for similar purposes. It is going to be a lot harder on your business to get loans or other[…]
Read More »Every business relies on good accounting. There needs to be someone at your company who is dedicated to looking at the books often in order to find any errors or locate areas of improvement. As a small business owner, you will likely need to be the person responsible for business[…]
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