When running a business, there are many responsibilities that you have to ensure that everything is running smoothly, customers are happy, and you're making a decent earning every month. You see, when an entrepreneur first starts out, they have their own special driving force that pushes them through tough...
A lot of people do not know what differentiates bookkeeping from accounting.  These professions will share similar goals, but they do support different stages of the financial cycle in your business.  It is important that you know what the functions of each profession are and what role they will...
Cash flow can be a significant issue for businesses, especially when it dries up. After all, there are always suppliers to pay, overheads to cover, and resources that you'll need to use to ensure your business will run. In fact, without paying out for these things, your revenue will...
Entrepreneurship has its own challenges as much as it is a thrilling journey. Starting up and developing your own products can be exciting, but you need to know how to handle your finances. Financial management is the crux of any business. You can choose smart ways of handling money...
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,...
They say that the rich get richer, that money makes money, but what do you think about having less cash to make you richer ultimately? The world is moving toward a cashless society today as many new shops do not accept cash, people carry less cash, and there are...
When we think of borrowing, we tend to automatically consider our personal finances. We think about credit cards that we might have taken out in our name. We consider loans that we might have signed up to. We mull over financing agreements taken out on cars, appliances, and other...
Running a business takes all the mental energy you can spare. Unfortunately, business owners are often so drained from setting long-term business goals that they fail to make plans for their own financial future. As tiresome and boring as setting personal financial goals can be, it’s something you can’t afford...
Vape stocks are the next big thing. The vaping market has come alive for a variety of reasons. The market is currently predicted to reach $50 billion in value by 2025, but the sky is the limit. Now is the time to invest in these stocks. If you’re not sure...
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...