Many small businesses need to borrow money at some stage in their development to help with cash flow, expansion or other costs. Short term loans can be a good solution to help small businesses overcome temporary cash flow or expenditure issues. If you are thinking about taking out a short term loan to help keep your small […]
What is a Short Term Loan – and Where Do You Find One for Your Small Business? Read More »
If you are like most small business owners, you got into business because you liked the product or service that your business provides. A cook buys a restaurant because of their passion for food. A dentist starts a dental practice because of their expertise in dentistry. A fitness expert buys a gym because of their
Are you making the most of your business’s balance sheet? If your answer is “What’s a balance sheet?” you’ve got some catching up to do. However, even if you or your accountant create balance sheets on a regular basis, you may not be using your balance sheet to the fullest. A balance sheet is more than
What Is a Balance Sheet and How Can It Benefit Your Business? Read More »
Whether at the beginning of their business venture or well down the line, at some point, most entrepreneurs and small business owners will find themselves in need of financing. Some entrepreneurs are looking for help getting their dreams off the ground, and others need help growing, expanding, or keeping things moving. Whatever the reason, a
What It Really Takes to Apply For and Secure a Small Business Loan Read More »
Massive student loan debt is having a crippling effect on the U.S. economy. According to the United States Federal Reserve, 44.2 million students owe $1.52 trillion . This amount is growing by $29 billion a quarter. Student loan debt now surpasses all other forms of debt except mortgages. College debt exceeds what is owed for
Student Loan Crisis: $1.52 Trillion Bubble Growing By $29 Billion a Quarter Read More »
Skitterphoto / Pixabay A recent study found that 61% of Americans don’t know how much money they need to retire. This concerning statistic highlights a major problem with retirement savings in the United States. A huge number of Americans have little to no retirement savings despite advice to stash away cash for a comfortable future.
Over 60% of Americans Don’t Know What They Need to Retire Read More »
Are you a numbers person? Some small business owners love going over their books—after all, it’s their personal scorecard of how well the business is doing. Others dread dealing with numbers or get so caught up in day-to-day operations that they neglect their bookkeeping. Whether you love it or hate it, good bookkeeping is essential
We live in a day and age where most entrepreneurs assume that you must go into debt if you want to start a business. This idea is deeply entrenched in our DNA as Americans; it doesn’t even occur to us that we could possibly save up the money we need to cash flow a startup
Apply These 6 Techniques To Save Money for Your Business Startup Read More »
The old adage “slow and steady wins the race” might be very apt for how banks have approached P2P payments. While Millennials were flocking to Venmo and the Cash App to split restaurant bills and pay one another back for other purchases, FIs were locked in their walled gardens, often limited to allowing P2P transfers
As Banks Promote Zelle, They Start Winning the P2P Race Read More »
Cash flow from operations is still the number-one way that U.S. small and midsize businesses finance growth. But just about every small business runs into situations where the cash just isn’t flowing. When that happens, where do you turn? Some 37% of U.S. small and midsize businesses in the C2FO Working Capital Outlook Survey 2017
How to Prevent a Cash Flow Crisis in Your Business Read More »
