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...
Leave it to taxes to ruin a perfectly nice time like spring. After slugging through snow and ice for a couple of months, we get to celebrate our meteorological freedom by slugging through receipts and papers for a week, then sweating as our tax professional finds out how much more Uncle...
You’ve probably heard lots of stories about those who have gone to credit repair organizations for help to improve their bad credit, only to fall prey to credit repair scams. In order to understand what actions must be taken to protect yourself against such unscrupulous people you must know how...