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What Is a Personal Guarantee When Applying for a Business Loan?

Estimated read time 3 min read

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…]

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What Is an Operating Lease?

Estimated read time 3 min read

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…]

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7 Essential Accounting Terms All Business Owners Need to Know

Estimated read time 3 min read

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…]

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What Is Business Finance?

Estimated read time 3 min read

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…]

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What Does Acquisition Mean in Business?

Estimated read time 3 min read

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…]

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What is Equipment Financing?

Estimated read time 3 min read

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…]

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How to Get Startup Money for a Business?

Estimated read time 3 min read

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…]

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Asset Turnover – What Does it Mean?

Estimated read time 3 min read

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…]

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What Does Liquidity Mean in Business?

Estimated read time 3 min read

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…]

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How to Qualify for a Business Loan

Estimated read time 3 min read

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…]