Starting a new business has never been easy. The risk of failure is high, and the amount of money needed to get it off the ground is even higher. Having said that, some 28 million businesses are born each year in the U.S., according to the Small Business Administration (SBA), each with high hopes of becoming the next best thing. So, if you have an idea for a great new … [Read more...] about Creative Cashflow: 4 Ways You Can Source That Extra Bit Of Capital You Need For Your Business
Financing
What is Business Insurance and How Does it Work?
Business insurance is a type of insurance designed specifically for owners as a way to protect their assets. The assets of a company can range from the products that it makes to the equipment, and tools used daily. As you look at business, or commercial, insurance, you need to consider how your business operates what type of coverage is best for you. This may include coverage … [Read more...] about What is Business Insurance and How Does it Work?
7 Techniques to Improve Cashflow
Small business owners don’t need to hope for miracles to solve their cash flow problems, according to accountant Caroline Jordan, a business coach and author of the paperback book, Stop the Cash Flow Roller Coaster, I Want to Get Off! “Small business owners have more control over their cash flow than they realize,” says Jordan. Based on financial rescue missions and cash … [Read more...] about 7 Techniques to Improve Cashflow
Why Small Business Invoicing Is Still Important For Home Businesses
Invoice is essential for any business. It’s the document you send to your customers to inform them about the details of the payment for the services and products they’ve availed from you. Invoices also help keep a record of payments or offering credit terms to customers. The document includes details such as invoice number, descriptions of early payment incentives and late … [Read more...] about Why Small Business Invoicing Is Still Important For Home Businesses
Comparing Loans Before Starting Your Own Business
Starting a business can be one of the most exciting and trying times in anyone’s life; whether you are looking to completely quit your job and start a new enterprise or simply run a side hustle from home. There are so many things to consider, primarily the finances and feasibility of being able to support yourself or augment your income whilst your new business are in its … [Read more...] about Comparing Loans Before Starting Your Own Business
When You Need Additional Funds for Your Small Business
There may be times when you need additional cash to cover business expenses. Perhaps you want to make a big equipment purchase, or you need cash flow while you are waiting for some invoices to be paid. Maybe you have a big expansion planned, but you lack the funding to carry it out. There are several ways to get this money. Personal Loan This can be a great option if you … [Read more...] about When You Need Additional Funds for Your Small Business
Expanding Your Home-Based Accounting Practice
The challenges of running a home-based accounting practice are many. Expanding your practice is perhaps the most pressing difficulty. If you do not grow, you cannot thrive; and if you do not thrive, it is only a matter of time before you will be forced to close up shop. Here are a few pointers on how you can expand your home-based accounting practice: 1. … [Read more...] about Expanding Your Home-Based Accounting Practice
Start-up Costs and Marketing a Nightclub Business
How to Start a Nightclub Business | 1 | 2 | 3 | Next Start-up Costs of a Nightclub Business A nightclub is a pricey undertaking with a high failure rate. You have to pay the lease, the DJs, security, door people, promoters, waiters, bartenders, and yes, even attraction magnets such as celebrities and hot chicks. Even paying for alcohol license is not cheap: getting … [Read more...] about Start-up Costs and Marketing a Nightclub Business
Worst Startup Fundraising Mistakes
Don’t make these startup fundraising mistakes… Succeeding at fundraising, and maximizing your time and resources spent on fundraising depends just as much on knowing what mistakes to avoid as what you should do. Not Being Prepared For Rejection Yes, there are rare cases in which entrepreneurs have landed funding from cold emails, Twitter messages, and just showing up. … [Read more...] about Worst Startup Fundraising Mistakes
Top Budgeting Tools for Super Money Management
Money management is not that simple as it sounds. Today, prices of everything are skyrocketing. You have more payments to make and limited income. There are numerous bills, mortgage payments, car loans, credit card debts, and whatnot. That is the reason why people are switching to money management tools to manage wealth like a pro, dig out of debt, and become financially … [Read more...] about Top Budgeting Tools for Super Money Management
