Do you dream of starting a small business? It’s a common goal for many. Some believe their product or service will change the world while. Others desire more flexibility or the freedom to steer their own ship. Regardless of why you may want to launch your startup, chances are you’ll need the funding...
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Launching a new business is not a walk in the park, especially if you're an early-stage entrepreneur without a business plan and little money and, worse, has a bad credit score. To ensure your dream becomes a reality, find a credible financing source, including bank loans, credit cards, and micro-lenders who finance individuals...
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It is difficult to succeed in business. The more tools you have to help you succeed, the better your chances are of success. A great tool to help you with your accounting needs is Intuit’s QuickBooks Online. I wrote about the many reasons businesses fail; poor accounting practices is one of the top reasons. You...
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What does it take to raise over $300,000 through crowdfunding? While living between a boat, a grandmother’s basement and the open road Noah Dentzel and his cofounder Brian Hahn raised $161,000 on Kickstarter in the summer of 2012 and about 172,000 in 2013 on Indiegogo. The Nomad mission was to reinvent the USB...
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The American people are back to work. In fact, the unemployment rate is near historic lows at 3.7 percent. In the month of June, the American economy added nearly 225,000 jobs. Additionally, employee wages are up over 3 percent from the year prior. But, the question is: "What are pay stubs used for?" Payslips, check...
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Why Small Business Loan Companies over Banks/Large Players? Not too long ago, when businesses needed loans, the only option they had was to visit a local bank, fill numerous application forms and wait for weeks or even months to get it approved. Dealing with banks or big loan companies can be really frustrating, especially when...
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Suppose you are looking to cut costs in your business. In that case, you may consider doing your own accounting if you have a solid understanding of business finances and have an accounting background. If you do not have the experience to manage your business books and think that you can learn as you go,...
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Startup entrepreneurs will often try to avoid going to angel or venture capital investors as long as possible to avoid giving up equity by first investing their own money into the company, and then seeking out loans from banks if needed, after and getting a startup loan though requires a lot of checkmarks on a...
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Even if you have no money coming in to pay your expenses, a lawyer's reassurances about the integrity of your case won't alleviate your concern. As soon as you have the legal right to initiate a claim for compensation after a personal injury or wrongful dismissal, you are under financial strain. As a result, many...
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Business loans are a viable option for new and established businesses. A business loan might be used as working capital to buy inventory, fulfill orders, buy machinery, develop real estate, and other operational needs. The best way to start thinking about a business loan is to answer the following questions: How much money do...
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The main goal of any business is to have a steady flow of profit, or better yet, increase it. Entrepreneurs typically think that increasing revenue is the best way to increase profits. However, the growth of the company does not solely depend on the revenue increase. As a matter of fact, revenue increase does...
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Over the last few years, business lending and borrowing have changed drastically, and many analysts cite low approval rates on traditional bank loans as well as the increased market aversion to risk as two of the biggest contributors to change. Perhaps the most dramatic recent change is the growing shift toward online lending. If current...
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