How to Build Business Credit?
Building strong, positive credit for your business can help you secure funding with greater ease. Unless you’re applying for a secured loan, the lender will [Read More…]
How to Start a Business with No Money
All businesses require capital to cover their startup and operational expenses. Unfortunately, this leaves many entrepreneurs facing the age-old paradox: How do you start a [Read More…]
How to Get a Business License
If you’re planning to operate a business, one of the first things you will need to do is acquire the necessary licenses and permits. Failure [Read More…]
How to Qualify for a Business Loan
Just because you apply for a business loan, there’s no guarantee that you’ll get approved for it. According to research cited by Small Business Trends, [Read More…]
How Do Business Loans Work?
Millions of entrepreneurs use loans to fund their business. Loans are a form of debt-based funding, providing entrepreneurs with the capital needed to get their [Read More…]
How Do I Apply for a Business Loan?
Business loans offer a convenient way for entrepreneurs to fund their business. If you’re considering starting a business, you should weigh your options carefully. One [Read More…]
Assets vs Liabilities – What’s the Difference?
Good business accounting practices begin with understanding the difference between assets and liabilities. A typical balance sheet contains two columns: one for assets and another [Read More…]
How to Get Financing for a Business
Financing is an important step to launching and operating a business. By definition, a business is a person or entity that sells products or services. [Read More…]
How to Get a Loan for a New Business
Statistics show that the average cost of starting a new business in the US is roughly $65,000, according to a Babson College study. Of course, [Read More…]
What is Asset Turnover?
Asset turnover is a financial metric that reveals a business’s sales relative to its total assets. Whether a business sells a product or service, it [Read More…]
What is the Difference Between Leasing and Financing?
It’s not uncommon for businesses to lease or finance some of their equipment rather than purchasing it. A construction company, for example, may use one [Read More…]
What is Cost of Sales and How is it Calculated?
Cost of sales is a key performance indicator (KPI) used to measure the financial health of a business. Also known as cost of products sold [Read More…]
