While it's easier for prospective business owners to purchase a franchise than to develop a startup from scratch, franchises still need funding to grow and operate successfully. Here are four tips for funding your franchise. Understand Your Options Many...
For many small businesses, keeping cash flow healthy is an ongoing issue. When you have good cash flow, it means you have plenty of working capital available to use during the month. Liquidity makes it easier to pay your...
When you have your own small business, you have to stay on top of certain practices to succeed. Bookkeeping is one of the most important tasks in a business. If you aren't keeping track of the money that you...
All small businesses can benefit from additional working capital for operations. The more capital you have available, the easier it is to cover monthly expenses, purchase equipment and invest in advertising. For business-to-business industries such as manufacturing and wholesale,...
As a business owner, you probably find yourself in need of extra funding from time to time. Many times, small businesses must spend money to make money. This concept is particularly hard for companies that are still in their...
Does your business have numerous business clients that handle transactions via purchase orders? If that’s the case, then you have a valuable resource that you can use for financing. Many B2B companies utilize purchase order financing to streamline their...
Business owners need to find alternative methods of funding every so often when they find themselves in a slow period. When a company does business with other companies and waits for payment to arrive later, this can sometimes create...
In modern business, using hard money loans has become more popular. Is this type of loan a good choice for your business or a bad one? The truth is that things aren’t so black and white. Asset-based lending can...
If you have a startup business, you may have experienced difficulty purchasing or financing equipment. You may be focused on building your company’s credit history, but it takes time. However, your business needs machinery even if you only need...
Many experts recommend that small business owners look into Small Business Administration loans for their financing needs. SBA is a government agency focused on helping small businesses succeed. SBA loans offer many options for small businesses. Let’s take a...