Equipment leasing transactions are powerful financial tools that many types of businesses can reap benefits from. Though most companies use them to purchase traditional equipment ranging from restaurant equipment to computer systems, there are a few other ways to spend these funds that could better serve your...
Running a small business requires a lot of purchasing power - everything from products to technology solutions must be procured somehow. The answer for many business owners is to rely on credit cards; however, these lines of credit must be paid in full or else they accrue...
Small Business Saturday is a special day dedicated to recognizing small businesses and brick-and-mortar stores across the country. It encourages holiday shoppers to support local independent businesses and boost sales. American Express founded Small Business Saturday in 2010, giving small businesses a chance to get more...
Besides providing valuable services and products, proper financial management is among the most important aspects of a successful business. There are several common mistakes businesses make in their capital budgeting that could easily be avoided. Here are a few common mistakes that could trip up your...
What Contributes to Bad Credit? While many factors contribute to the definition of ‘bad credit’, the most important factor comes from your financial past. Ask yourself: Has your business previously had difficulties paying back loans? Do you have a large outstanding balance on your credit cards? Do...
Every business needs positive cash flow. The more cash on hand, the more flexibility the company has in reaching its goals. There are multiple ways to boost business working capital, and the more ways you do so, the more powerful of solutions you'll have for managing...
Credit gives both individuals and businesses the opportunity to secure funding that is needed for desired items. However, many people assume that personal and business credit are one in the same when in reality they are very different. Let's take a look at some key...
What is Equipment Leasing? By definition, equipment leasing is the process of obtaining equipment on a rental basis. For any size business that is simply trying to save money, opting for equipment leasing can make a big difference financially. This eliminates the need for a lump sum of...
According to the National Retail Federation, 2016 shopping trends have proven that online browsing begins as early as October. What does this mean for you? It means you should ensure that by now your business is fully prepared with a strategy, trends, and inventory! But...
Did you know that working capital is the most important asset that any business can have? But what is working capital? How does it help? When do you need it? And if you do need it - How do you get it? These are all valid questions that most...
