It’s never been harder to get a loan than right now. The 2008 crash forced lenders to reconsider their policies. A poor personal credit record can put an end to the idea of starting a business. Getting a business loan with a poor personal credit history isn’t impossible.You just...
Forex is something that most of us have heard about. It stands for the foreign currency exchange. It is the place where all the currencies of the world trade. The foreign currency exchange market is the most liquid of all the markets with a staggering $5 trillion being traded...
Financing a business isn’t as easy as it used to be. As of last July, the small business loan approval rate was only 23.1%. This was a slight drop from the prior month, but is still significantly lower than the approval rate for SBA loans before the credit crisis.Fortunately,...
Are you planning to pull the trigger and start your own business? Before you give your two week notice to your boss, you need to make sure you have the financing you need to get your new business off the ground.Unfortunately, securing small business financing isn’t easy. The SBA...
Compared to the past, today’s businesses have a much broader range of opportunities to take advantage of and this is due solely to advances in technology. Technology has diversified business objectives and made it possible for businesses to profit from simple actions, such as building a software application or...
There's an old saying that knowledge is power, and there's no doubt that this applies to our financial lives. The more we know about what's going on and how things work, the better we can position ourselves to maximize our financial gains. And by the same token, those who...
Even the most straightforward business idea needs some dough to get off the ground. Overhead, electronic equipment, cloud services, advertising — the list of non-negotiables goes on.Those expenses, seemingly manageable in isolation, add up quickly.And if your idea requires special equipment, inventory or physical real estate, forget it. There’s...
The benefits of owning a boat are plentiful. Whether it’s sailing to paradise islands or anchoring off a lake dock, getting on the water with a dependable vessel is an experience most people enjoy and few ever forget.Boat owners have the added luxury of being on the receiving end...
Finances take up a huge part of the time that you spend running your business. You have to manage payroll, pay taxes, purchase inventory, pay the rent, send invoices, and much more. Using the right tools and services can help you save time and free up some money.Factoring services...
It always feels great when your business is growing. Every entrepreneur wants to grow their business as quickly as possible. Unfortunately, some business owners run into problems when they try to grow too quickly. Brian Hamilton, a contributor to Forbes, writes that business owners often run into problems when...