Signs That You Should Hire an Accountant

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...

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Starting Your Own Construction Business

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...

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The Importance of Building a Strong Business Strategy

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...

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Tips for Developing the Right Corporate Culture

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...

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Learn How to Allocate Costs

Learn How to Allocate Costs

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...

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Avoid Owning Obsolete Equipment with Equipment Leasing

Avoid Owning Obsolete Equipment with Equipment Leasing

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...

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The Ins and Outs of Secured Loans

The Ins and Outs of Secured Loans

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...

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Are You Ready to Expand Your Business?

Are You Ready to Expand Your Business?

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...

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Could Taking Out a Second Business Loan Benefit Your Business?

Could Taking Out a Second Business Loan Benefit Your Business?

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...

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Step-by-Step Guide to Opening a Private Medical Practice

Step-by-Step Guide to Opening a Private Medical Practice

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...

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