How to Collect Unpaid Invoices

Although unpaid invoices create cash flow problems, many businesses are reluctant to make collection a priority. However, if you don't get paid, you can't pay your own expenses, and your business collapses. Here are some tips to ensure that...

Continue reading →

Business Plan: What to Do and What Not to Do When Writing Yours

An efficient business plan serves as a roadmap to help a new business reach its entrepreneurial destination and to help an established business stay on track. Although details vary according to a business's particular organization and industry, good business...

Continue reading →

When Do I Need to File a DBA?

A "Doing Business As" permit, also known as a DBA permit, "Trading As" permit, and sometimes called a "Fictitious Name" permit is required when a small business titles itself with a fictitious name. Depending on the state, this can...

Continue reading →

Getting Franchise Loans for Your New Business

So you find yourself faced with owning and operating a new business as a franchisee. While there is much to be proud of and excited about, you will undoubtedly be faced with many new challenges too. Aside from administrative,...

Continue reading →

Avoid Financial Strain With Invoice Factoring

If you run a business that sells services or goods to other businesses, you may be able to leverage invoice factoring for immediate cash. Many smaller companies find themselves in need of operating cash flow for various reasons, and...

Continue reading →

Avoid Cash Flow Issues With These 5 Tricks

Your company is only as good as its cash flow. Without positive revenue coming in on a regular basis, you cannot hope to grow your venture. Many businesses fell short after the Great Recession, and the owners had to...

Continue reading →

Expediting Approval for SBA Loans

If you are interested in a business loan, you likely want to get through the application process and get the money as fast as possible. However, if you’ve started the application process, you probably already know the process doesn’t...

Continue reading →

Tips to Get Your Small Business Through It’s First Year of Business

You already know starting a new small business is a gamble. Many new businesses struggle to survive past their first year, with the half of those businesses closing after five years. Luckily, the odds of staying open have been...

Continue reading →

4 Reasons to Consider a Merchant Cash Advance

Reasons to Consider a Merchant Cash Advance If credit card sales for your business are strong, a merchant cash advance (MCA) could be a great option for financing. This kind of alternative lending practice is perfect for businesses such as...

Continue reading →

 Evaluating your Cash Flow Statement

The financial documents of your business should give information on how to run your organization. If you don't know how to read the different sheets, you might want to take a basic accounting class to help you. The income...

Continue reading →