It happens every year. The holiday season is suddenly upon you, and yet your business is not in optimal condition to take full advantage of this very special time of the year – shopping season! Getting an Early Jump The best way to extract maximum profits from holiday shopping is to have a large inventory […]
Organize Finances Before the Holidays Read More
No matter how well you run your business, you are never immune to a potential financial crisis, either within your own company or in the general economy. That’s why it makes sense to plan for the worst as you hope for the best. Here are some tips to help you navigate through a financial crisis:
Getting Your Business Through a Financial Crisis Read More
For most small businesses, the question isn’t whether you will need a loan, the question is when. The business cycle involves ebbs and flows of capital needed to pay bills, draw salary and buy inventory. Without sufficient liquidity, a business may have to cut staff, curtail operations or simply close down. An affordable commercial loan
What You Should Be Looking for (or Looking Out for) in a Loan Offer Read More
Your business can quickly spiral out of control if debt climbs to unsupportable levels. Sudden shocks are much harder to absorb if your cash flow is already tied up in debt service. The best remedy is to pay down your debt methodically. Insolvency and bankruptcy leave economic and psychological scars that you should work hard
How to Reduce Small Business Debt Read More
We are not out to discredit banks or bankers, but we do believe that many potential borrowers make unwarranted assumptions about banks that we’d like to clear up. The bottom line is that sometimes a bank is a good place to get a small business loan, and other times it’s not. Banks Are Not Impartial
5 Things Your Bank Won’t Say About Small Business Lending Read More
Just about every business, big or small, needs financing. You have to remember that you can have profits without having much money in your bank account. If you run short of cash, it will negatively affect the entire business, including paying for: Startup costs Inventory purchases Payables Uncollected receivables Other uses for working capital Capital
Understanding When Your Business Needs Funding Read More
In reality, it’s hard to find many businesses that don’t benefit from lower fuel costs. The biggest losers are oil producers, who receive less revenue for their inventories. This also depresses business activity for oil explorers and producers of alternative energy solutions, since they now have more price competition from cheaper oil and gas. But
What Businesses Benefit the Most From Lower Fuel Costs? Read More
Just about every business, big or small, needs financing. You have to remember that you can have profits without having much money in your bank account. If you run short of cash, it will negatively affect the entire business, including paying for: Startup costs Inventory purchases Payables Uncollected receivables Other uses for working capital Capital
Avoid Roadblocks to Your Success Read More
Ever wonder when the right time is to sell equity in your company vs. using a loan to get you to the next level? Kevin O’Leary from ABC’s Shark Tank talks about the right time and place for each. And that IOU Financial is his preferred Small Business Lender. Visit us at www.ioufinancial.com.
Ask An Expert: Kevin O’Leary Discusses Debt vs. Equity Read More
Most businesses require credit and loans to operate as efficiently as possible. This is especially true for small businesses, which frequently have insufficient working capital. To boost working capital, a business can: Take out a loan, cash advance or revolving credit line from a lending institution. Issue notes and bonds, although this can be a
Quick Ways To Boost Your Business Credit Read More