It’s nice to have money in the bank, but the truth is that the money you have sitting there is, well, just sitting there. That can be fine on a short-term basis, but if you’re going to secure your financial… Continue Reading
Budgeting is an essential part of financial planning that many people fall short in. However, it is never too late to learn how to manage money and create meaningful savings that will allow you to achieve your goals. As a… Continue Reading
When the novel coronavirus, COVID-19, spread across the globe, business owners and their staff went into panic mode. Stay-at-home orders meant companies had to close their doors, and that ultimately caused the closing off of income streams. Even in the… Continue Reading
The finances behind a business, especially a small business, is something that every industry, every field, and every business has to manage. Depending on the type of business you’re in, the level of revenue you’re able to produce, and the… Continue Reading
When we don’t have enough to buy something, to pay a debt or in case of an emergency, many people have no alternative but to apply for a loan. Add to this the fact that, unless you have excellent credit,… Continue Reading
It’s a huge step, but every year millions of people take the plunge and start their own small business. Turning that initial idea into reality is not without its challenges though, least of all coming up with the funds to… Continue Reading
Entrepreneurs in SMEs should understand how important business credit is to them. Having a higher score will increase the chances of getting financial help in the future. But for this to happen, an entrepreneur and the business’s employees should understand… Continue Reading
A fundamental misconception about business loans is that businesses that are facing huge losses acquire loans. However, companies can obtain loans despite being profitable to increase access to working capital and enhance sales. A business credit survey shows that many… Continue Reading
Whether you’re starting a new business or you’ve been running for a while, a good internet connection is essential. A poor internet connection isn’t just a niggling annoyance. It could actually be costing your business money. That could be money… Continue Reading
Starting your own business is never easy. Even the best ideas have a hard time making it through the initial period of development. This is mostly because of the competition that will fight back and try to keep their share… Continue Reading
As a small business owner, crunching through your bookkeeping data can sometimes reveal faults in your reporting. Whether these errors are the result of fraud or manipulation or whether they are simple manual data entry mistakes, they can create serious… Continue Reading
There are going to be many activities that you will need to be engaged in when you run a small business and one vital aspect of your business will be keeping a close eye on and managing your finances. Identifying… Continue Reading
Starting a new business can be very stressful and managing your business finances properly is going to be crucial to your success. Almost 30% of new businesses go under due to running out of cash. Below are 6 tips from… Continue Reading
Real Estate industry has been the most popular business for last some years. Investing in real estate involves the purchase, ownership, rent or sale of real estate for lucrative profit. It is a wise decision to invest in the real… Continue Reading
Profits are, in theory, simple things. You calculate your profit by subtracting your costs from your revenue. That means, increasing profits requires you to increase revenue, reduce costs, or do both — though, as business leaders know, that is often… Continue Reading