Let’s say you've been an established company for a few years now; business is steady overall but sales are on a decline since it’s the off season. You panic because you need capital to pay your employees and replace that old piece of equipment you have...
Starting a business requires both an entrepreneurial spirit and business capital to keep it going. How do you ensure that sales will increase month over month? What will it take to keep your employees happy? Will your marketing efforts pay off? Business capital is the financial resource...
Getting access to business financing is a critical aspect when running a business. However, you will mostly likely run into times when your business might face cash flow problems, and in turn you fail to achieve your financial goals. This can happen when your customers delay to...
Long after happy, healthy patients leave your office, you may find yourself chasing down insurance agencies waiting on payments. Unfortunately, that alone can make running a medical practice difficult in terms of cash flow. While you know that income is arriving eventually, utilities and rent on...
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...
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...
