Feb
01
2023
If you are like most small business owners, you probably handled all your accounting and finance tasks during the startup phase of your company. However, you may be finding that these extra duties are taking you away from your...
Jan
04
2023
The construction industry is growing rapidly for the last few years. If you're planning to start your own business, construction can be a profitable venture. It doesn’t matter whether you have prior construction experience or not: With some hard...
Dec
07
2022
When you are building a business, there can be lots of things to think about. Because of this, you need to make sure that you are focusing on the things that matter the most. One thing you need to...
Nov
02
2022
The corporate culture of your business can have a lot to do with whether or not it is successful. That said, there are many business owners who still don't have an understanding of the kind of difference that culture...
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...
Sep
28
2022
While you may be overwhelmed at the thought of taking out a second loan for your business, there are situations in which it might be advantageous. Whether you need funding to keep products on the shelf or you have...
Sep
21
2022
Opening a private medical practice is exciting- but it’s also complicated and can be a bit of a challenge. For your practice to be successful, you must have a clear, detailed plan to start with to ensure that things...