Entrepreneur is an interesting word. It conjures up thoughts of bravery and superior business wisdom. It’s a person who sees in something what most of us fail to see. Take that idea, develop it and in turn found a business on it. When it works, it’s pure genius, and we’re in awe of their aptitude. […]
Tag Archives | Business Finance
A cash advance or merchant cash advance is a form of short-term loan given to a small business. Cash advance are payable with interest rates usually around 25% of the principal. The loan is paid by deducting a percentage of sales made periodically (usually weekly) from credit cards. Cash advance are useful because the lenders […]
Many business owners forget about using the services of professionals that could be beneficial to their business such as lawyers and accountants. Instead, they head into the business world at full speed without even a passing thought towards the possibilities that services like this offer. They do this for a few reasons. Arguably one of […]
It’s quite difficult to determine how much money you’ll need in the first year of your business without knowing a little about the model you plan to use for your company. For example, you might be running an online company from home. Obviously, you’re going to need less money for this compared with a business […]
Every penny counts when you are running a business. Not only will it free up substantial cash that you can use to improve your company’s performance, but it can also improve your bottom line – meaning you will be more profitable. And the key thing to remember about keeping costs down is that you don’t […]
There are a number of different paths available to you if your business needs some money. You could look to reinvest the profits of the business. Or you could try to find an investor or business partner who will inject some cash into the enterprise.