The COVID-19 pandemic has left budding entrepreneurs feeling uneasy about launching new ventures. As a potential recession seeks to emerge from the shadows, banks and financial institutions are tightening the reins on credit lending. According to The Wall Street Journal, big lenders like Chase, Bank of America and Capital One are updating lending requirements to […]
Financing
The Small Business Owner’s Guide to Restaurant Financing
Running a restaurant can be hectic—and when it comes to maintaining positive cash flow, you might be feeling the heat. Business funding may be the answer to keeping things running smoothly. In this guide, we’ll explain: How you can put financing to use for your restaurant. Factors to consider when weighing your restaurant loan choices. […]
The Advantages of Opening Your Own Dental Practice
Training to become a dentist is a long process that requires a lot of hard work. Once you become qualified, you need to find the right job for you. Which practice will you join? How will you prove that you are the right person for the job? These are all challenges that you’ll have to […]
How to Find the Right Commercial Financing for Your Business
Commercial finance is the term used to define a huge range of financial products available to businesses. It’s used for a variety of different reasons, with short-term and long-term deals available. Offered by an external lender, commercial finance can give businesses that extra bit of cash injection to help with growth, or if cash flow […]
Starting a Business? Here are the First 3 Steps You Need to Take
The beauty of becoming an entrepreneur is that no matter what your interests are, there’s probably a way you can turn that passion into a business. And chasing your entrepreneurial dreams can be a truly rewarding experience. But ideas are one thing—executing that idea and making it a reality is something else entirely. If you’re […]
Real Estate Expenses During Pre-Acquisition
There are various real estate expenditures that are deductible to the corporation and others that are capitalized or allocated to inventory. In this FAQ, we will discuss the real estate expenses that are deductible during the pre-acquisition phase as an operating expense to the corporation in the fiscal year that expenditures were incurred. There are […]
Planning to Bootstrap Your Business? Follow These 7 Tips
When starting a tech company, it can be tempting to make venture capital a priority, but finding it shouldn’t be what drives your business decisions. I knew I wanted to bootstrap my business, BuySellAds, so that I could follow my own goals. By following these next few tips, I was able to achieve success for […]
10 Startup Strategies to Minimize Cash Flow Disasters
The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. I often get asked about the real alternatives to bridge this valley, and […]
How and When to Use Short-Term Business Loans
Almost every small business needs to borrow at one time or another. However, not all loans are created equal—and some types of finance are more appropriate in particular circumstances. So, what is the best guidance on a short-term loan? All about short-term loans As its name suggests, a short-term loan involves borrowing a fixed amount, […]
Turn Your Receivables into Cash Quicker Using Telecom Factoring
There’s no denying that maintaining a small or even a medium-sized business can be tough in this day and age. The telecommunications sector often receives the brunt of it, because the face of the industry evolves quickly, which means that many startup companies are often left in the dust. It’s unfortunate because those companies had […]
