Capital budgeting is a planning process that is used to evaluate large-scale investments and expenses. These costs can include the purchase of new machinery, the acquisition of property, the creation of new products and a variety of other major purchases and projects. This financial assessment must be performed carefully in order to ensure that the company’s funds are well-spent. Before ... Read More »
Lawsuit loans are cash advances against a future lawsuit judgement or settlement award. If you are in the midst of a lawsuit, you may be eligible for a variety of lawsuit loans. These types of loans are designed to assist people who need help with living or legal expenses during a trial. For example, if you are racking up medical ... Read More »
There is all types of turnover in business. You might be aware of human resource turnover, margin turnover or turnover costs in general. Typically, these types of turnover have to do with measuring a rate of change. However, today we will be discussing inventory turnover specifically. This ratio can be a helpful tool for anyone managing a business, offering you ... Read More »
Without proper funding, no business venture will ever get off the ground. But how do you find a business loan with a low credit rating? That is what private business loans are there for. A private business loan can make your entrepreneurial dream a reality, even if you do not have the best credit score. This post will serve as ... Read More »
If you are a recent college grad who has acquired tens of thousands of dollars of debt in pursuit of your degree, it can be overwhelming and anxiety-inducing. This is especially true if you were unable to secure a job right after graduation, or you were only able to get work in retail sales. Thankfully, refinancing student loans is always ... Read More »
As a new business owner, you may be introduced to certain financial and legal concepts that you had never before faced as an individual. Among these terms are intangible assets, which is not nearly as simple a concept as learning who pays closing costs. If you own a business, it is important to be able to recognize what intangible assets ... Read More »
One certainty in the world of business is that you cannot stay open for long if you do not have access to capital. This can come from customers (e.g. sales), investors, or through credit. In the end, you need to have one or all of these the options working correctly to grow your business. In this article, I want to ... Read More »
Running a business can be an expensive venture. That is why it is important for business owners to be on the lookout for ways in which they can reduce fixed expenses. Fixed expenses may include your office rent, insurance and salaries. Thankfully, there are plenty of ways to reduce these overhead costs without hurting your business. For more information on ... Read More »
If you are new to dealing with finance you may have come across the term “certificate of deposit.” This is one of many financial investment definitions that you should know. Once you know what a certificate of deposit is, you can begin considering it when dealing with your day-to-day business finances. If you are an individual who needs a guide ... Read More »
A short term loan is a type of loan that is scheduled to be repaid in less than a year. If you are thinking of starting a business, opening a virtual bank account and need some capital to get started, a short term loan may seem like a viable option. Of course, you can get money you need quickly, but ... Read More »
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