As a small business owner, you’ll no doubt be juggling many things. But one of the most important things you’ll have to work out is whether you should use cash, credit or debit to pay for your expenses. Using Credit Or Debit For Purchases Overall, you probably have a preference for debit, credit or cash. However, when you get prompted ... Read More »
Category Archives: Finance
Smart Bank Features Make Banking Much Easier For Business Clients
Smart Bank is a bank that was founded in 2006 and opened its first office in January of 2007. Since that time, twelve Smart Bank locations have been established along East Tennessee and Northwest Florida. This bank is dedicated to providing exceptional services to their clients, who include both personal and business users. Business users in particular could receive a ... Read More »
The Role Of Venture Partners In Hierarchies Of Venture Capital Firms
Venture partners are professionals brought into a venture capital firm to help assist with management and investments but are not employed full-time. However, venture partners can have a significant impact on the operation of a VC firm and the businesses they sponsor. Venture partnership positions are complex parts of the already complex system of investors that exist in VC firms. ... Read More »
Credit Card Processing Practices To Lower Incidental Transaction Fees
Running a business these days is no easy task. Not only are you responsible for your customer’s satisfaction and ensuring that your brand is well established, but you are also responsible for various fees related to a sale. That’s right – even when you make a sale, you might end up paying a hefty service fee that really makes a ... Read More »
Free Checking Accounts From National Banks For New Small Businesses
Starting a small business can be an expensive endeavor. One of the most important things you can do is find a bank that will help cater to your needs. Often, new business owners turn to online banks in order to get free checking, but the money saved can often cost you when it comes to convenience. There are several national ... Read More »
Sending Money Overseas Improves American Economic Performance
Immigrants from around the world make their way to the United States in hopes of a better life. Instead of moving their entire families, they often come alone and send money back home overseas. This practice, known as remittances, actually boosts the world economy along with the American one. Without the constant exchange of labor and money throughout the world, ... Read More »
Straight Line Depreciation Formula Basics To Determine Asset Value
Memorizing formulas and methods is a common practice for finance students. One of the simplest and most important formulas you can memorize is the straight line depreciation formula. If you want to further your education by pursuing executive MBA programs later on in life, you are going to need this basic knowledge. Below, you will find a complete breakdown of ... Read More »
What Venture Capital Firms Offer Start Ups With Long-Term Potential
Venture capital is financing that investors provide to start-up companies and small businesses that they believe have long-term potential. If the business succeeds, they profit from their investment. Often, they will remain as an investor for a period of a few years before exiting the company and moving on to other projects. If the business fails, then venture capitalists have ... Read More »
Using Home Equity Loans As A Cheap Way To Finance Business Ventures
All businesses need a line of credit. Cash flow is king and unless you have positive cash flow running through the business, it won’t be long before you run out of money to pay creditors, employees, and required corporate taxes. Banks are the most obvious place to turn to when you need business lending or financing, but if your business ... Read More »
Popular Depreciation Methods To Calculate Asset Value Over The Years
Depreciation is the loss of value over time. Assets often lower in value over the years due to wear and tear. For the average individual, this is most commonly seen in cars and trucks. However, depreciation plays a major part in a lot of finances. Business owners in particular should pay close attention to depreciation because the loss of value ... Read More »