Category: Financing your Business

February 19, 2019

A report from the U.S. Bureau of Labor Statistics cites two primary reasons why businesses fail — lack of proper planning and poor leadership. In a way, both these factors are tied to the decisions made by the business owner. […]

January 30, 2019

A working capital loan is short-term business funding used to finance a company’s day-to-day operations, like buying inventory or covering payroll. Common small business working capital loans are LOCs, term loans, invoice financing, and merchant cash advances. We reviewed working […]

January 23, 2019

Financial advisors and planners who want to transform their practices should consider a coaching program. These programs teach advisors the practices and methodologies used by the industry’s most elite businesses. Popular coaching programs include those from CEG Worldwide, The Oechsli […]

January 17, 2019

The six most common loans offered by The Small Business Administration (SBA) are 7(a) loans, 504 loans, CAPLines, export loans, microloans, and disaster loans. You can learn more about requirements, costs, terms, and how to apply in the brief overview […]

December 19, 2018

A business credit card is a great way to pay for your business expenses. Using credit cards allows you to enjoy perks and rewards such as cash back, miles, fuel points, and more. We spoke with the experts who shared […]

November 20, 2018

If a company has high working capital, it has more than enough liquid funds to meet its short-term obligations. Working capital, also called net working capital, is a liquidity metric used in corporate finance to assess a business’ operational efficiency. […]

October 1, 2018

Small business payroll can be completed by following six easy steps, starting by adding your first employee and ending when their paycheck is printed. It can be run manually or by using software to automate it. To help you, we’ll […]

September 28, 2018

Going into business for yourself is a big deal. There’s always a long to-do list and you’ll find yourself wearing many different hats from time to time. Your business is more of a hobby if you’re not making money. Properly […]

September 28, 2018

When running a business, the first three years set you up for future success. Therefore, if you are self-financing, or bootstrapping, it’s important to prepare yourself for financial success during these first three years. Those who opt to self-finance a […]

September 27, 2018

How much of your net worth is tied up in your business? If it represents a large percentage, you may have wondered how you can transfer this wealth to the next generation of entrepreneurs, while attracting, rewarding and retaining valuable […]