b photo credit: bru76 The format of a Business Plan is something that has been developed and refined over the years and is something that should not be changed. Like a good recipe, a business plan needs to include certain ingredients to make it work. When you create a business plan, don’t attempt to recreate [...]
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Five Crucial Components of a Business Plan
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Comments OffThe Worst Small Business Financing Strategy Ever?
admin photo credit: jurvetson Depending on whose stats you pay attention to, approximately 80% of small businesses fail within their first 5 years of operation. In many cases, its not that a particular business could not succeed; there just wasn’t sufficient time to figure out how to succeed. Which brings us to the worst small business [...]
Posted in Uncategorized Tags: Business, Business plan, Cash flow, Commercial Lending, Financial Services, Loan, Small business, Working capital Comments OffThe Key Query When Financing Your Invoices
admin photo credit: guspim When times get tough like they are now, businesses small and large run into cash flow problems. To make ends meet, most look to the financing of invoices for needed cash flow relief. If you are thinking along these lines, there is a key issue to consider. Selling one’s invoices, known as [...]
Posted in Best Exotic Cars Tags: Accounts receivable, Business, Cash flow, Factoring, Finance, Financial Services, Money, Payment Comments OffFinancing Your Business in 2009
admin photo credit: barnoid There are many criteria that banks require in approving loans for businesses. What usually comes to mind first is credit; given today’s financial crisis. While credit is extremely important, there are many other factors in addition to credit scores that business must be aware of and account for when seeking capital for [...]
Posted in Best Exotic Cars Tags: Business, Cash flow, Depreciation, Earnings before interest taxes depreciation and amortization, EBITDA, Financial Services, Loan, Net income Comments OffDebt Financing – Why Using Your Personal Credit Card is Dangerous For Your Business
admin photo credit: rogerimp Many of us (include yours truly) have used personal credit cards to finance the start up or growth of our business. It’s easy, fast, and available. The interest rates may be lower than business credit cards. And, you may have exhausted your business loans or lines of credit. But there are a [...]
Posted in Auto Credit Tags: Business, Cash flow, Credit card, Finance, Loan, Personal finance, Small business, Tax deduction Comments Off
