Jan
24
2023
Before you decide on a structure for your business, it is important to evaluate the options. One alternative that many entrepreneurs find attractive is teaming up with a business partner. Here are some important factors to keep in mind...
Jan
17
2023
An asset-based loan is one where you offer the value of your accounts receivable or inventory as collateral in case you default on the loan. Although it varies by lender, the typical loan limits are approximately 50 percent of...
Jan
10
2023
Outstanding business debt is not only stressful, but it can also negatively impact your finances by hindering your cash flow, lowering your credit score, and making it difficult to access additional funding you may need. Considering this, you should...
Jan
03
2023
As a new entrepreneur, it can be challenging to know which type of business loan is right for you. The type of business you operate, your industry, your current financial situation and credit score, and the long-term goals you...
Dec
27
2022
If you're like most start-up business owners, you took out loans from at least a few sources to get your new company off the ground. After a few years as a successful entrepreneur, you are still repaying these loans...
Dec
20
2022
House flipping can be profitable, but it can also be a financial disaster if you don't invest your resources into houses in areas where people are likely to buy. You also need to put enough time and effort into...
Dec
13
2022
Veterans who want to start a business face many of the same challenges as non-veterans, especially when it comes to raising start-up capital. This is just one of many reasons why business ownership by veterans since 2001 is about...
Dec
06
2022
Entrepreneurs often face challenges due to financial difficulties. These problems and the stress that results may be due to clients with lengthy payment terms, uneven cash flow, or a lack of funding to spur growth. Here are some of...
Nov
22
2022
Unpaid invoices can be a significant bother to your business. They give you a hard time looking for the debtors and convincing them to clear their outstanding amounts. This is why you must understand how to collect and clear...
Nov
15
2022
One of the important tasks that owners of new companies face is building a good business credit profile. You will need this when you are applying for financing, obtaining property, working out terms with suppliers, and acquiring insurance. Here...