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
Creativity and outside-the-box thinking are the two cornerstones of success in business. Profitable tech companies, such as Apple or Microsoft built their position on a highly competitive market thanks to innovative and user-friendly products. Other businesses, such as Amazon or… Continue Reading
Poor cash flow isn’t something that any business wants and taking out loans can be expensive in the long run. Interest rates and fees can quickly build up end up costing you— big time. But what if you’ve already got… Continue Reading
Operating a business is indeed a challenging task. You will find most businesses have a roller coaster ride and if you are a startup unit, the challenges are even more. Being a new player in the market means you need… Continue Reading
Loans are not all bad. While the difficulties of meeting certain loans can make us hesitate, and while multiple loans are never a good option, sometimes it’s simply the best way to get your business started. Why is this you… Continue Reading
If there’s one thing SMEs need lots of, it’s money. More than 50% of startups fail in the first year because they fall into debt. Once they cross over into the red, it’s almost as if there is only one… Continue Reading
Running your own business can be tough. Especially at the start when it feels like you are doing everything for yourself. Sometimes, either to launch your business or to take it to the next step, you require a cash injection.… Continue Reading
Everyone wants to avoid stress when they’re starting a new venture in life. Whether it be on a smaller scale involving your personal family life, or on a larger scale that involves many other parties, like creating a business, is… Continue Reading