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Useful Hints to Help You Manage Your Small Business Finances
Perhaps the biggest surprise for small business owners is how quickly they can fall behind in managing their business finances. The longer you put off tackling it, the worse the situation becomes....
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Understanding Business Collateral Requirements for SBA Loans
Thinking about expanding your small business? Maybe you have outgrown your current space, need to purchase more inventory to meet demand, or to upgrade to more modern equipment. In order to keep up...
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5 Reasons Not To Take VC Money
I had an interesting conversation with a brilliant, hugely entrepreneurial guy who owns a technology company that is so hot right now that, with absolutely zero PR or fundraising activity, he is...
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5 Common Financial Emergencies That Can Appear Without Warning
When it comes to personal finance, the most common mindset is to think about what’s expected. For example, most people don’t start saving money until they know what they want to spend it on. This...
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What Finance Traps are Holding Your Business Back?
Finance traps are anything that stops the flow of money in the right direction for extended periods of time. The proper flow of funds in a business should go from sales (income), to overhead (including...
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Is It Worth Your Small Business Having A Credit Card?
ONE of the biggest challenges for any small business is getting the investments and funds needed to grow. Although a small business loan or overdraft is often the first thought, they are not always...
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Crowdinvesting & Other Ways To Fund Your Business
Starting a small business can be a tough task. There will be plenty of big decisions you have to make right from the start. Arguably the most important task you have is deciding on how you’ll fund your...
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Four Key Areas Business Owners Don’t Think About Until It’s Too Late!
Just three years after it was founded, FedEx was burning close to one million dollars a month. At its most desperate, the delivery company had just $5,000 in the bank, substantially short of their...
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