There are many ways to save money to put back into your business. In fact, you do not even have to cut back in your business budget at all. You can instead save money by lowering your car insurance rates in your personal life. This is a great way to fund startup operations in particular. If you want to find ... Read More »
Pre-approval credit cards offer an enticing way to finance your business during tough times. Still, there are many business owners that worry about the validity and financial safety of these credit solutions. This is a good thing of course. If you worry about your business finances, you are going to be much more likely to own a financially sustainable business ... Read More »
Your credit card balance has a huge impact on your credit score. If you keep a high balance on your credit card, your credit utilization rating goes down. As a business owner, your credit score is one of the most important factors for your financial stability. Paying off your credit card balance is the first step you should take to ... Read More »
When tragedy strikes, business owners are the first people to step up and offer help. This can be detrimental to business profit margins over time. Finding fiscal sponsorship is one way to experience the tax benefits of 501(c)3 status without having to form a non-profit organization on your own. If you are a business owner who wants to give back ... Read More »
Money is a means to an end. It facilitates the purchase of assets, and it is one of the most useful tools for providing for our family’s needs and wants. However, the pendulum also swings the other way. Rampant spending leads to excessive debt, and that is particularly hard on families. Money is not the source of all things good ... Read More »
The best companies often do business internationally. They send executives and employees across the globe to represent brands, win contracts and recruit a new insurance consultant. Of course, any executive might be wondering who should pay for passport renewal expenses? In this post, we cover when businesses pay for passport renewal costs on behalf of the employee. Verbal Confirmation In ... Read More »
There are many times in the first couple years that businesses experience financial hardship. Often, there are times that you may need a little help paying suppliers or other monthly overhead costs, like when the market takes a downturn. In those cases, emergency loans are necessary if you want to keep business afloat. Find out how emergency lending solutions help ... Read More »
Once a business starts making money, you need to have an accounting system in place. In fact, you should probably have an accounting system in place long before you ever need one. But, some business owners put off the task of finding the best system to manage business accounting tasks. Oftentimes this is done out of necessity, not neglect. If ... Read More »
Finding funding for business endeavors is probably the hardest part of starting a business. This is especially true if you are holding out hope for venture capital firms to take interest in your business ideas. But, it has gotten easier in recent years. This is thanks, in part, to the rise in alternative financing options available to entrepreneurs like you. ... Read More »
If you are new to the practice of invoicing: welcome! Also: I’m sorry. For almost everyone, invoicing is a necessary evil. It is a pain to detail every project and price on an invoice; it is a pain to send invoices to clients; and it is a pain to wait and hope that clients receive the invoices and pay — ... Read More »
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