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: Funding Sources
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 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 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 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…]
How to Come Up with a Business Name
If you’re planning to start your own business, the first thing you will need to do is choose a good name for it. This is [Read More…]
How to Register a Business Name
One of the first steps to starting a new business is choosing a name for your company. This is the name under which you’ll promote, [Read More…]
What is Accounts Payable?
When running a business, you’ll have to spend on money on products or services related to your organization’s operations. A landscaping company, for example, may [Read More…]
