Business Credit Explained

Owning a business requires an understanding of financial knowledge that you may have not been privy to.You may be an expert in managing your personal finances, but have yet to even approach your business finances. Utilizing your business credit...

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Business Loan: Why you were rejected

Finding a lender for a small business can be tough. Rejections often happen because of a few different reasons. Some of the more common reasons for business loan rejection are poor collateral, bad credit, and underperformance of the business....

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How to Keep Better Business Records

Keeping proper business records is necessary, but it can be a frustrating prospect for the unpracticed and novice recordkeeper. Fear not! These types of records can easily be kept by implementing a few strategies to streamline the process and...

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What You Need to Know About Equipment Depreciation

Your equipment – everything from computers to copiers, furniture to vehicles – is considered an asset to your business. Rightfully so, since most equipment is a pretty significant investment most of the time. From the vital equipment that keeps...

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Interest Rates: How They Affect Your Business

Interest rates are important to the financial health of your small business. These rates are the percentage of money a company charges in order to issue a loan, be it on a leased piece of equipment or an outright...

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Putting Together the Perfect Loan Proposal

Asking for money is never an easy task. To be successful and achieve the funds needed for a small business, approaching lenders with a stellar loan proposal is paramount. Proposing a loan is an act of self-promotion that serves...

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Millennials: Why They Are Valuable to Your Business

Millennials get a bad reputation in the business world. Oft-labeled as idealistic, lazy or entitled, there's a lot of negative press surrounding those in the generation aged roughly 22 to 37. It's worth looking at a list of strengths...

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Merchant Cash Advance: Cash Shortage Problems Solved

If you’re running a new business, being low on cash is an extremely common experience. To improve your cash flow without applying for a business loan, consider these solutions to help your business escape from financial troubles.Grow a Savings...

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Ins and Outs of a Merchant Cash Advance

If you are a small business merchant in need of cash, it would be worthwhile to learn about the advantages and disadvantages of a merchant cash advance. Before further pursuing this type of cash advance, you need to consider...

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Finance Equipment vs. Paying in Cash

If you’re a small business owner, you’ll likely want to purchase all the equipment you need as soon as possible so you can officially open your doors for business. However, some business owners are a bit more cautious and...

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