The Power of the Profit Margin: Take a Look at What is Costing Your Small Business
It’s the question asked in any assessment of your business and plays a big role in the outcome of your business and in all the helping steps beforehand: Your profit margin indicates just how viable your business will be in the long run, and how much it can be relied upon to succeed early on.
Advance Funds Network Provides Flexible Factoring Options for Small Businesses
To understand the niche market of small business financing you must first gain an appreciation for flexible factoring. Flexible factoring starts with defining the basic concept. Credit card factoring is similar to a merchant cash advance. In fact, the two terms are often used interchangeably. Both of these financial options are a form of credit […]
Tips on Securing a Small Business Loan with Bad Credit
In the competitive world of businesses, credit is king. This makes it extremely difficult to qualify for a small business loan if you have bad credit. However, there are numerous entrepreneurs and small business owners with less than stellar credit that are able to get their start-ups off the ground. You might have a history […]
Be a Successful Small Business Owner by Avoiding These Money Mistakes
Cash flow is essential for small businesses. In fact, it is their lifeblood. If your cash runs out before you have steady income coming in, your business can be doomed before it ever gets off the ground. All too often, small businesses end up on the sidelines, while their owners are left emotionally and financially […]
How Businesses Unknowingly Pass Up on Big IT Cost Savings [Infographic]
Click to Enlarge Via Network Hardware Resale
Small Business Success
What Are the Odds? Michael Gerber authored popular book for running a small business, “The E-Myth”, which shared statistics about the number of small business owners in the United States. A staggering 80% of small businesses fail in the first five years of operation. Of that remaining 20%, another 80% are out of business […]
Virtual Small Business: The Key Considerations to Make When Leaving the Office Behind
In recent years, broadband internet access has become commonplace both nationwide and around the world, with the vast majority of highly skilled workers being able to access online resources using a lightning-fast cable, fiber optic, or DSL connection. Advances in broadband technology and propagation have caused many small business owners to consider the benefits […]
Marketing on a Shoestring Budget and How to Make it Possible
When you first get out of the start-up phase, it’s not uncommon to be strapped for cash. Your company may be on its feet, but there’s still a long way to go before that footing is stable. Bootstrapped companies learn to go without. Trimming the budgetary fat involves making some difficult decisions. It’s important […]
The Pain of Denial: Why Some Banks Don’t Approve Small Business Financing Applications
There is a great deal of optimism that characterizes the moment someone starts their own business. In fact, there sort of has to be: In order to start a new business, someone has to be genuinely confident that their product or service is better, that they can convince customers of this, and that banks […]
