Tackle Critical Business Challenges with Small Business Loan
November 27, 2017 by Guest Writer -
Slow and fast-growing startups face high uncertainty—the risks of losing paying customers and partners and other profit-related risks threaten even the most powerful companies. Poor cash flow increases these risks. There’s no business formula to help your business fast track to making millions. But, applying for a small business loan, to deal with the following issues that can break down any business, can help you gain traction. Incapable human resources When a business grows and the management plans for expansion and specific projects and assignments, the right employees must be hired. But, recruiting and selecting the right employees is a […]
READ MORE
What Is Better For a Business: Secured or Unsecured Loan?
November 20, 2017 by Guest Writer -
Having your own business provides you with enough freedom, flexibility and opportunities to explore and develop a business concept. While it is exciting, starting your own business can be expensive too; that’s why entrepreneurs often ask the question, “which is better: secured or unsecured loan?” Both loans can meet your business needs. The only major difference is that, when you failed to pay your secured loans, you may lose the asset that you secured it with, while you may only have to pay penalties if you fail to pay your unsecured loans. Consider these two factors when choosing between secured […]
READ MORE
How Short Term Business Finance Meets Four Major Business Needs
November 13, 2017 by Guest Writer -
Every business has challenges to face and funds to meet. Check out how short term business finance can help you meet the four major needs every business face. 1. Performance Need: Do you want your employees to be productive and creative at work? Before you purchase that high-tech machinery to get more work done, you better start with assessment first. Take note that there are many factors affecting work performance. Some of these are Personality or Ego Clashes, Stress, Heavy Workload, and Inadequate Resources. For example, personality or ego clashes are often seen between two people with opposing personalities. The […]
READ MORE
Financial Management: 2 Key Elements of Business Cash Flow
November 6, 2017 by Guest Writer -
Business cash flow has two important characteristics: Time and risk. Read on to learn more about the importance of risk premium and the time value of your money in financial management. What is financial management? As a business owner, you have to make critical decisions every day to meet your short-term and long-term financial goals. In order to do that you need to organize your finances by doing the following: Bookkeeping Bookkeeping process is a vital aspect of the business accounting. By keeping tabs of sales, payments, receipts, and purchases and other transactions, you will know how much money is […]
READ MORE
Small Business Loans For Everyday Business Funding
October 30, 2017 by Guest Writer -
Borrowing money for a business is a long and difficult process, even for established businesses generating stable profits. If you’re borrowing for a startup with zero credit or poor credit, things get even more complicated. Many lenders are having second thoughts in lending to small businesses. But, you can still borrow. You just have to prepare yourself for high-interest loans, because there are a few lenders who are willing to lend money to “high-risk” borrowers. Despite the difficulty in obtaining small business loans, entrepreneurs have to face it one time or another. It is because business loan is essential […]
READ MORE
Signs you are ready to start a business
October 24, 2017 by Guest Writer -
It is not easy to start a business. Many small businesses fail in two to five years and others fall into bankruptcy. So before you ditch your day job, take on huge business loans, and hire people to help you out, make sure that you are ready to take the plunge. The first stage is your biggest opportunity to position your business for success. So, make sure that you have the right foundation before you launch it. Remember that preparation is the antidote for failure. With the right preparation and financial funding you can easily get on the right track. […]
READ MORE
