For smaller businesses, debt sometimes gets a bad rap. But for many businesses, access to business line of credit may not only be necessary, but a smart move. Knowing how to select the right line of credit and manage it wisely can help a successful small business become a larger successful business than managing everything…
When a business hits a certain size, it often will bring on dedicated human resources specialists. But even then, these specialists often need to spend a lot of time managing systems and babysitting data, instead of focusing on areas where they can do the most good.
Deciding if and when you should apply for business financing can seem a little overwhelming. How do you know when the timing is right? where can you learn about the different options for business credit? What can you do to increase the likelihood of a loan approval?
Most people have heard the personal finance adage that they should have cash equal to 6 months of expenses on hand, in case they lose their job or have an emergency expense. But should businesses? And is it realistic or wise to have that much capital sitting around? The short answers: Yes, and yes. How…
Unless your business is of the home office or garage variety, you’re going to need someplace to actually do business. Big or small, whether it’s a storefront, warehouse, factory or office, the same question comes up for every business: Should we buy or lease space? Don’t go it alone – talk to someone with experience…
Retirement benefits are among the best known and most desirable employee benefits offered. So why don’t more businesses offer them? First, of course, not all tools are right for every situation. But there also can be a lot of misunderstanding about complex company-sponsored benefits, and sometimes a hesitation by owners who are leery of getting…
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