Sometimes a business needs equipment but it's not worth buying the equipment. Instead, it's a smarter financial decision to lease the equipment, paying a fee for its use each month for the duration of a contract. If you decide...
Business partnerships may begin with elaborate plans and lofty expectations but then deteriorate in the face of difficulties that inevitably arise. Nurturing a relationship with longtime business partners takes foresight, diligence, tact, and patience. Here are some tips to...
Building a healthy credit score is one of the primary goals of an individual or a growing business. As an individual, it helps you with securing employment, home rental, and lower insurance rates. It enables a business to qualify...
Rolling over the 401k from your previous place of employment to an IRA has numerous benefits. You avoid taxes and penalties you would incur if you took the payout from your 401k in cash. Your account fees and other...
Often businesses require additional working capital to maintain current operations or stimulate growth. One solution to this dilemma is asset-based lending. In this form of financing, you use inventory, equipment, accounts receivable, and other company assets as collateral to...
As part of the commitment to the expansion of small businesses throughout the country, most lending agencies participate in the programs offered by the federal Small Business Administration (SBA). For the last 40 years, the SBA has provided more...