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…]
Tag: Business Funding
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…]
How to Calculate Net Working Capital
Do you know how to calculate net working capital for your business? This performance metric can provide insights into your business’s overall financial health, allowing [Read More…]
What Does Capital Mean?
All businesses need capital to perform their respective operations. Whether it’s a local landscaping company, a retail apparel store, a restaurant, or a business-to-business (B2B) [Read More…]
How to Advertise Your Business
Advertising is essential to your business’s success. Defined as the process of promoting to a product, service and/or brand to potential customers, it’s the driving [Read More…]
How to Open a Business
Are you considering opening your own business? If done properly, it can be a highly rewarding venture. Transitioning from the ranks of employee to that [Read More…]
