How Your Small Business Can Overcome Its Debts

By SmallBizClub | Dec 16, 2016

Starting a small business isn’t easy—or cheap. Even the most well-organized and generously funded business can quickly run into cash flow problems, so it’s hardly surprising that many small companies experience debt problems, particularly during phases of growth. So if you find yourself facing a mountain of debt, what can you do? Try cutting your…

Read More

5 Tricks to Pay Off Business Debt and Recover from Financial Disaster

By SmallBizClub | Nov 15, 2016

Are you overly worried about your small business debt? Well, you’re not alone. Nearly 50% of small businesses collapse because of the following reasons: Lack of capital Heavy debt burden Poor credit arrangement In most cases, entrepreneurs need to borrow for business growth and expansion. But, when they borrow too much and at the wrong…

Read More

6 Reasons You Might Want to Get a Business Loan

By SmallBizClub | Jul 21, 2016

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 More

5 Easy-to-Make Mistakes That Can Sink Your Business

By SmallBizClub | Mar 23, 2016

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 More

How to Collect Your Overdue Debts

By Susan Solovic | May 12, 2015
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

Financing Short Term Assets

By Jerry Osteryoung | Jun 6, 2014
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