Equipment Financing Options for Startups

Equipment costs are a major factor that can stand in the way of getting your business started. Luckily, there are a few different ways that entrepreneurs can acquire the equipment they need for their startup. We suggest you consider them... Read More

The Advantages of Invoice Factoring

Invoice factoring can be a good option for business financing. In this process, you essentially sell your unpaid invoices to a factoring company. The factoring company provides you with cash for the invoices and is then responsible for collecting payment.... Read More

7 Obstacles to Overcome When Listening as a Leader

Many leaders forget that communication is a two-way street. They have the talking part down, but it’s the listening part that gets difficult. Listening is an important skill for everyone, especially leaders, but we aren’t trained to be listeners. Here... Read More

The Difference Between Lines of Credit and Loans

If you need business financing, there are a lot of options available. A traditional business loan is the best-known option, but is not always the best for every business. A business line of credit is another option available. It may... Read More

How to Separate Personal and Business Finances

It’s a good idea to keep your business and personal finances separate. You get legal protections and tax benefits when you track business finances separate from personal. Mixing money can void those protections and make your tax accountant grumpy. Here... Read More

4 Tips for Transitioning Your Business Budget

As times change, your business budget may need to periodically adjust. For example, a time of prosperity may call for an aggressive budget that helps your business pounce on opportunities, while downturns may make a more conservative budget wise. In... Read More

The Beginner’s Guide to Mergers and Acquisitions

Mergers and acquisitions are relatively common events, but they are not understood as well as many other business topics are. This post will give you a broad overview of what mergers and acquisitions are as well as why businesses undergo... Read More

How to Find Out How Much Working Capital You Need

For many small business owners, figuring out their working capital needs is harder than they think. Only calculating by how much their assets surpass their running costs might give a rough number, but that calculation doesn’t give much information. Instead,... Read More

How to Protect Your Business from a Recession

Is your business strong enough to prosper in good economic times—and bad? There are many ways you can prepare to thrive in changing business climates, including the next, inevitable recession. Try these recession-proofing business tips, so you’re ready for anything:... Read More

What to Do After Getting Your Business Loan or Line of Credit

It’s natural to feel a sense of accomplishment after your business gains access to a business loan or line of credit. However, once your business obtains financing, there is still work to do, including the following tasks. Predict Cash Flow... Read More