Congratulations on starting your very own business! Before you get too wrapped up and consumed with taking your company to the top, know that it’s vital you make time to educate yourself on the importance of business accounting. Overlooking...
If you’re using your own credit to finance your small business? If so, you may want to rethink that strategy. Using business credit instead can help grow your company without jeopardizing your personal finances. Like personal credit, it can be...
Just like you have a personal credit score you’re likely working on improving and keeping as high as possible, you also have a business credit score you’ll do well to work on improving. To save yourself time, resources and...
If you need to detail business operations for a lender, you may be wondering what that entails. In general, this term refers to everything that makes a company run profitably. However, that can be too broad a definition for...
Does the very idea of writing your business plan make you want to snore? If so, it may not be a compelling document. Remember, this plan should inspire investors and partners to believe in your business and work with...
If you’re in need of commercial real estate financing, it could be worth your time to look into commercial mortgage-backed security loans, more commonly known as CMBS loans. Such loans are an ideal choice for hotels, office buildings, apartment...
If you’re looking for a new way to generate income, be sure to consider commercial real estate. Although it’s not suited for everyone, owning and leasing property can be an excellent source of income. Is this type of investment...
Sometimes business owners find themselves in a catch-22 in which the business needs new equipment to get out of a financial hole, but it is too cash-poor to afford new equipment. If you are in this exhausting position, don’t...
If your business is cash-strapped or you just want to build your business credit score, you may be interested in getting a line of credit with your company’s bank. A line of credit can be a great way to...
As a budding restaurant owner, you may be struggling to decide the best way to allocate your startup money. You are about to take on many expenses, and you may be getting overwhelmed. One way you can lower your...