Current vs Long-Term Liabilities: What’s the Difference?
As a business owner, you’ll probably incur some liabilities when running your business. Regardless what your business sells or does, you’ll need capital to perform [Read More…]
Tag: finance
What Is a Personal Guarantee When Applying for a Business Loan?
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…]
What Is Factoring?
When exploring ways to fund your business’s operations, you may come across factoring. It’s become an increasingly popular funding solution because of its ability to [Read More…]
Debt Financing vs Equity Financing: Which Is Right My Business?
You can’t start a business without first securing capital. According to the Small Business Administration (SBA), most small businesses in the United States are started [Read More…]
What Is an Operating Lease?
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…]
7 Essential Accounting Terms All Business Owners Need to Know
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…]
What Is Business Finance?
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…]
What Does Acquisition Mean in Business?
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…]
How to Get Startup Money for a Business?
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…]
What are Startup Costs?
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…]
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 Write a Business Proposal
What is the one thing that all successful, established businesses have in common? It’s their ability to convince prospects to purchase their products or services. [Read More…]
