Dec
11
2019
If you’re trying to improve your cash flow management, working capital is the key. Many new business owners don’t realize it, but there are key strategies to managing this precious resource that produce predictable, positive results. By putting them...
Nov
13
2019
Your credit score is one of the most important tools you can develop if you’re managing a business. It not only determines whether you will be able to qualify for loans when you want to invest in new assets,...
Oct
09
2019
Not all companies will have the stock on hand to meet each purchase order as it comes in, especially if a larger-than-normal order comes in. If you do not have the stock, or the funding for the up-front costs...
Sep
11
2019
Everyone knows it’s easier to get up in the morning and go to a job you enjoy. The relationships you have with your employees or coworkers play a big role in whether your day goes well or drags by....
Aug
14
2019
A leader is altogether different from a manager. A manager is content with passing the blame for mistakes downhill until they create adequate distance and safety for themselves. Perhaps this is a great survival tool, but it is not...
Jul
10
2019
If you are trying to get money for a real estate purchase, the bank may have stopped you cold in your tracks. Banks like to deal in low to no-risk deals. Residential properties that will act as the home...
Jun
12
2019
For companies which deal in invoices instead of payment upfront, cash flow can be an issue. This is especially true if you deal in a few very large invoices at a time. Factoring your accounts receivable can be a...
May
08
2019
Good customer service is essential for a successful business. You can have the best plan and the best product, but if you aren’t retaining your customers, it doesn’t matter. It’s important to build a solid relationship with the people...
Apr
10
2019
Finding business loans of any kind can be trouble for small business owners. Traditional lending institutions that usually offer standard fixed-rate loans to companies in their communities also tend to require a long operating history from applicants, as well...
Mar
13
2019
Starting a business requires multiple resources. You may have a great business idea, but it can be discouraging to discover that you need more startup capital than you currently have. Having no money doesn’t mean your idea is a...