Oct
26
2022
Cost allocation is a technique used to measure the profitability of your company’s product, service, department, or branch. It’s how you determine what each aspect of your business costs you. Cost allocation is an essential part of business financial...
Oct
19
2022
Leasing equipment is a way to avoid the costs and risks associated with ownership of obsolete equipment. When you lease equipment, the leasing company becomes the owner of the equipment and is responsible for maintaining it. You can usually...
Oct
12
2022
There are a few avenues for small business financing. One option is a secured loan. Secured loans are loans in which the borrower pledges some asset as collateral for the loan - we'll take a closer look at this...
Oct
05
2022
As soon as their businesses are up and running, many ambitious entrepreneurs look for opportunities to take their companies to the next level. Before you develop further, though, you should consider whether you are ready for business expansion. Here...