If you want to buy a building for your small business, you may be concerned about securing a sufficiently favorable loan. Many banks are hesitant to risk conventional commercial mortgages in new or small businesses. Fortunately, an SBA loan...
When you own a small business, your cash flow is important. This is how you pay your daily expenses and keep your business running. If you are having trouble keeping it positive, some of these strategies can help. 1. Raise...
One entry point into the real estate market that many industrious entrepreneurs are choosing is the fix and flip approach. This method refers to when you buy a house that needs some work at a low price, make the...
Most business owners will tell you that starting a business is one of the most exciting things imaginable. When it comes to obtaining funding, it can also be one of the most frustrating. Banks are not in business to...
A business finance vehicle that has suffered reputation damage in the past seems to be making a comeback. Factoring is the process by which a company pays you in cash an amount equal to a percentage of your account...
The spirit of strong individualism has sunk a lot of ventures over the years. Not to say that standing on your own two feet is a bad thing, but a stubborn refusal to acknowledge the need for a business...
Commercial real estate loans can be a risky proposition for borrowers. If you only have experience with residential real estate agreements, it pays to do your homework before you get into something over your head on a commercial deal....
When you are just starting out, one of the first things you’ll need to do is choose a corporate structure for your business. One option is a limited liability company, or LLC. This type of structure lies somewhere between...
If you find yourself in a situation in your business where the cost of equipment is preventing you from making a profit or expanding, you may want to consider equipment financing. Buying needed equipment on time carries some benefits...
Being a leader is not something that comes easily to everyone. However, it can be a critical skill for small business owners. Luckily, the following strategies can help you improve your leadership skills. 1. Be Willing to Communicate For your company...