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feature a fixed payback schedule that helps in budget planning.
a variable-payment solution, accommodates temporary revenue dips.
by FORA FINANCIAL
5 minute read
January 11, 2023
One of the best parts of being a small business owner is the unlimited earning potential—unlike the steady but capped 1-3% raises typical in a 9-to-5 job. As a business owner, there’s no limit to...
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January 6, 2023
For many small businesses, profit margin is the difference between success and failure. It's the amount of money left over after all of your sales expenses and operating costs have been paid for and it...
June 20, 2022
Installing solar panels is a wise choice for many small businesses. They can help you save money and enjoy significant tax credits. They’re better for the environment, which appeals to potential customers and employees. They...
June 6, 2022
As a small business owner, it's vital to establish a good credit score when starting a business. Without solid credit, you won't be able to afford additional financing. This is crucial because you likely won't...
6 minute read
June 1, 2022
Business credit is essential for several reasons. You’ll find it easier to obtain financing with lower interest rates and more favorable terms with a good business credit score. You can also land better deals with...
May 18, 2022
Deciding to downsize your business may be the most challenging decision you make for your company. Some people who helped you build your business will lose their jobs, and your company’s growth may stall.
After months or even years of planning, you’re finally ready to introduce your small business to the world. A grand opening event is essential to your launch plan and shouldn’t be an afterthought. This is...
As a small business owner, there may come a day when you decide to transfer ownership of your business. Perhaps you'd like to retire and want to transfer ownership to a family member. Or, maybe...
May 16, 2022
Credit cards aren’t the right funding option for every small business owner. For example, a high-limit credit card might do more harm than good if you struggle with budgeting.
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Are businesses turning a corner in 2025? It certainly looks like it
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The Power of Three: Be Sure to Have these Financial Reports Before Seeking Capital
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Fora Financial Releases 2025 Business Insights Report: Growth Remains a Priority, But Cash Flow and Economic Concerns Persist
Funding Amount: $1,000,000
Industry: Automotive
Use of Funds: Inventory
Funding Amount: $100,000
Industry: Construction
Use of Funds: Debt Consolidation, Working Capital
Funding Amount: $200,000
Industry: Transportation
Use of Funds: Equipment
Funding Amount: $825,000
Industry: Education
Funding Amount: $775,000
Industry: Electric & Communications
Use of Funds: Personnel and Equipment Upgrades
Funding Amount: $2,000,000
Use of Funds: Bridge funding