Have you been asked to give a personal guarantee when applying for a business loan? If so, you might be wondering how a personal guarantee [Read More…]
Nearly all businesses require some type of equipment to produce and sell their goods or services. Unfortunately, the high cost of equipment may prevent businesses [Read More…]
When running a business, you’ll likely encounter a variety of accounting terms. While you may already know some of these terms, others may cause confusion. [Read More…]
If you’re preparing to start a business — whether it’s a retail store, restaurant, hotel, advertising firm, construction company, etc. — you’ll need to secure [Read More…]
Acquisitions play an important role in the long-term success, as well as growth, of many companies. Google’s parent company, Alphabet, for example, has reportedly acquired [Read More…]
Nearly all businesses require some type of equipment to perform their operations. Restaurants, for example, need commercial cooking appliances and dishwashers, whereas construction companies may [Read More…]
If you’re tired of working to make someone else money, such as your employer, you may be wondering how to become an entrepreneur. Most entrepreneurs [Read More…]
When launching a startup, you’ll need money to cover short-term expenses like inventory, advertising, payroll and insurance until your new business begins to generate a [Read More…]
When launching a new business, you’ll likely incur a myriad of expenses. Whether your business sells a product or service – to consumers or other [Read More…]
When measuring key performance indicators (KPIs) of your business’s operations, you should pay attention to asset turnover. Also known as asset turns, it provides insight [Read More…]
Liquidity can affect a business’s ability to carry out its operations by improving or restricting the ease at which it can secure cash. Businesses with [Read More…]
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…]
