Blog posts tagged with "Business Finances"

Why You Pursue Financing for Your Expansion Project

September 18, 2020
If you’re considering ways to achieve business growth, expanding your business is one notable option. Progression is an important part of running a business, especially now as you navigate the COVID-19 pandemic.

How to Determine Your Business's Working Capital Needs

September 02, 2020
Working capital is money that business owners use to pay their bills, make purchases, and afford other operating costs.

How to Calculate Working Capital Through Your Balance Sheet

August 28, 2020
To understand your business’ financial health, there are numerous metrics you’ll need to understand, such as working capital.

5 Ways to Quickly Pay Off Business Debt

August 24, 2020
As a small business owner, you know that managing your business’ finances is very important. Still, it can be difficult to determine when having debt can be useful and when it needs to be paid off. Although going into temporary debt may have been necessary to start your business, taking too long to pay off loan balances or credit card debt can cause problems.

The Latest Paycheck Protection Program Update

July 30, 2020
Most likely, your business has been financially affected in some way due to COVID-19. Luckily, the Paycheck Protection Program Flexibility Act was signed into law on June 5th, providing financial assistance to small business owners during this time.

How to Write Off Unpaid Customer Invoices

July 28, 2020
Unpaid customer invoices are an unfortunate, but sometimes inevitable, part of doing business. Although the experience isn’t pleasant, it’s still vital that you know how to appropriately collect unpaid invoices.

4 Steps to Take If You Aren't Approved for an SBA Loan

July 24, 2020
Whether you’re a new business owner or a veteran in your industry, accessing necessary capital can be challenging. In addition, as business owners navigate the COVID-19 pandemic, having additional financing has become more crucial than ever. Most industries have been affected in some capacity, and business owners are requiring capital in order to adapt.

A Comprehensive Guide to Debt Management

July 22, 2020
Drowning in personal or business debt (or both) is a threat you can’t ignore. In fact, accumulating too much debt is one of the primary reasons that about half of small businesses fail within one year.

The Importance of Responsible Working Capital Management

July 17, 2020
Having enough money on-hand for last-minute or emergency needs is incredibly important for business owners. This is especially true currently, as business owners navigate the COVID-19 pandemic.

Can You Take Out Multiple SBA Loans?

June 26, 2020
As a small business owner, access to capital is critical for survival, from smoothing gaps in cash flow to hiring new employees and expanding your product line or services.