Robert Gloer

Lending Terms Business Owners Need to Know

Many business owners haven’t had the opportunity to attend fancy college programs in business and finance. Nonetheless, there are many terms related to loans and credit that you need to understand, especially if you are about to apply for your first business loan. Here is IOU Financial’s rundown of important lending terms. ACH Transfer: An …

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How to Make Business Financing Part of Your 2019 Growth Plan

You might occasionally encounter a business owner who has a dim view of debt. That’s unfortunate, because debt, if you manage it properly, can help you grow your business. Here are several ways your business will benefit from the prudent use of debt: Accelerate growth: You can use loan proceeds to buy new equipment/facilities, hire …

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Finance 101: Keeping Your Business Finances Organized

Managing your company’s finances is the most important part of running a business. Surprisingly, some business owners don’t know the first thing about organizing their finances. This is not only a problem because they can’t pinpoint exactly how much loss or profit they generate in a year, but for other, more serious concerns. Companies often …

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How My Business Can Give Back (While Still Being Financially Responsible)

Giving back to the community is a wonderful thing, just on the face of it. It’s also a way for a small business to show its ties to the community, attract new customers and increase networking opportunities. Your marketing should see a boost when you enhance your reputation and brand recognition by publicizing your social …

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Reasons You Should Have a Business Credit Card

If you are self-employed or the owner of a business, you should seriously consider getting a business credit card and use it exclusively for your business-related purchases. Picking the right card can save you time and money – let’s see why. Taxes: Your business expenses are tax-deductible. The easiest way to keep track of these …

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