Posts Tagged ‘Debt’
6 Reasons You Might Want to Get a Business Loan
The mythical American should be able to start a business purely through a combination of working hard, having the right attitude, and pulling up their bootstraps. Chances are, however, real-world business owners are going to need outside help at some point. One such way to get help (without giving up control of your business to…
Read More5 Easy-to-Make Mistakes That Can Sink Your Business
It is an unfortunate fact that many businesses fail within the first few years. While it may be a combination of reasons, such as bad marketing plans, insufficient funds to keep up with orders, or lack of stuff, it is never easy to have a business fail. Here is look at five common mistakes that…
Read MoreConsumer Debt vs. Business Debt
No matter where you go or what you are doing in America, debt seems to be a part of the world we live in. America is a debtor nation and that refers to a lot more than the national debt.
Read More How to Collect Your Overdue Debts
You didn’t start your small business to be a bill collector, so none of this is anything you want to do. However, sometimes it becomes necessary. Don’t shrink from your financial responsibility to your business.
Read More 4 Money Management Tips for Small Businesses
Managing a small business within itself is a hard task, but add financial responsibilities into the mix and it’s a whole other beast. Money management is one of the areas that most businesses struggle with the most.
Read More Budgeting to Stay Debt-Free
Bad debt is the kind of debt that consumers accumulate, which they really can’t afford over the long haul. This is usually done without securing a viable asset.
Read More Financing Short Term Assets
One problem I see all the time is businesses financing their short-term assets improperly, which greatly increases the risk to the firm and can potentially even cause it to fail. This is a serious issue, but it can be remedied by choosing an alternative financing method.
Read More How to Raise Capital by Thinking Like an Investor
One of the biggest reasons small businesses fail is that they run out of money before they can effectively compete in the market. That’s why it’s important to raise enough capital at the beginning.
Read More Tips to Avoid Credit Card Fees
Small businesses rely on credit card sales and payments to grow and move forward; however, many small business owners can feel the weight of high credit card processing fees pushing down on them, especially in lean economic times.
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