We don’t need to tell you that cash is the lifeblood of any business—or that tracking the cash that flows in and out of your company is key to understanding your overall financial health. Consider the #1 reason why small businesses fail: poor cash flow. Many a profitable business has failed because it simply ran […]
Avoid These 5 Common Mistakes on Your Loan Application
Lack of preparation and poor planning can sink your chances of getting approved for a small business loan. Your loan application is an opportunity to present your business in the best light. In other words, it’s your chance to minimize the risk you represent and maximize a lender’s confidence in your ability to repay the […]