It’s nearly impossible to run a small business without incurring debt. In a perfect world, you’d be able to fund all of your expenses yourself and still have profits in your bank account. For small business owners, this often isn’t the case. Loans, credit cards, and other financial products are used to pay everything from […]
Operating a manufacturing business is extremely rewarding. Whether you’re creating products that ship directly to retailers or you’re working with other manufacturers, the potential for profits is great. However, as you’ve likely already seen in your business, owning a manufacturing company isn’t all smooth sailing. In order to make those big profits, you have to […]
Whether you need extra money to pay an emergency expense, expand your business, or to use as working capital, it’s not uncommon to seek financing in the form of a loan, line of credit, or credit card. Before signing a contract with a lender, though, it’s important to fully understand the cost of your loan. […]
Wholesale distributors play a critical role in the retail supply chain. It is crucial for a wholesale distributing business to be a well-oiled machine: storing manufacturers’ products, then shipping them as needed to retailers, which then sell these products to customers. If the wholesale distributor fails in its critical tasks, retailers won’t have the products […]
As a professional contractor, it takes the right resources to complete each job. From equipment to employees and insurance, careful planning, preparation, and the right tools for the job are always required. No matter what type of contractor you are, you have one thing in common with other contractors and business owners: the need for […]
Running a farm or agricultural business isn’t without its challenges. While the agricultural industry has its own unique hurdles to overcome, there’s one challenge farmers, ranchers, and other entrepreneurs in the industry face just like any other business owner: financial issues and the need for capital. Owning and operating a farm, ranch, or agricultural business […]
Like other small businesses, a childcare business has many expenses. Incoming cash flow should cover most of your expenses, in theory, but sometimes there’s a situation where you need a financial boost. Maybe it’s an emergency expense or a lack of cash flow due to a seasonal lull. On the other hand, business could be […]
Whether you’re the owner of an established beauty salon or it’s your dream to open your own nail spa, one thing is clear: your business needs money. As the old saying goes, it takes money to make money, but what happens when the money’s just not there? If you’re the owner of a beauty or […]
The holiday season is approaching, and with it comes colder weather, hot cocoa … and additional holiday expenses. We aren’t talking about your gift budget, either. If you’re a business owner, you know that while the holiday season brings more customers, this seasonal rush also leads to additional expenses. Holiday and seasonal periods leave many […]
Owning a retail business isn’t without its challenges. Whether you’re growing rapidly and need extra money for expansion or you’re in the middle of a slow season that’s impacted your cash flow, one thing is clear: you need money for your business to operate smoothly. Sure, pulling the money you need from your own bank […]
