Steve Strauss, Small Business Expert, says, “Low overhead is a key to long-term business success. Here are some other ways to reduce your overhead.”
Small Business advice from USA Today Small Business Columnist Steve Strauss. * * * A colleague of mine recently changed his business in such a radical way that I almost can’t believe it. He runs a software firm with 10 employees. As you might imagine, he had a nice office with a pretty good-sized overhead. The business was great, but the overhead was not, and he decided that he could fairly ...
As a business owner, you have direct influence over your company’s business credit file, and you can improve your business’s creditworthiness — once you know what information is critical in protecting it. Creditworthiness is an asset and it is important to maintain your company’s positive credit ratings by avoiding danger signs and triggering red flags. Don’t be alarmed if your ...
The two things that small business owners tend to complain the most about are a lack of time and a lack of money. So what do you do if you need help in your business but cannot really afford to bring in the assistance you need? Here are a few options: Business Mentoring: There are no shortage of places where you can go these days to get free help regarding how to run some aspect of your business, ...
The Importance of Your Credit History When evaluating a company’s creditworthiness, lenders are primarily trying to determine whether or not the business will be able to pay a loan back. Everything from financial trends and industry vitality, to technical expertise and personal experience, to savings and cash flow is examined. However, credit history is of paramount importance in the process, ...
Steve Strauss, Small Business Expert, says, “Low overhead is a key to long-term business success. Here are some other ways to reduce your overhead.”
How well you manage your company’s finances impacts its creditworthiness. Be fiscally responsible with credit, and get more financing opportunities faster.
Business credit is not an overly complicated subject once you understand the fundamentals. Find a list of frequently asked questions and answers to get you on your way.
Having bad credit does not need to end the opportunity to secure small business financing. There are steps you can take to help remedy a poor rating. Learn more now.
if you’re planning to put any of your key financial data on the web, then you need to make sure you are taking every reasonable step to protect your business.
Save money by finding the best credit processing firm for your small business. Learn about a few tips for protecting yourself from high credit processing rates and fines.
if you’re like most Americans, your home is the single most valuable asset on your balance sheet. Do you really want to risk your home to fund a small business?
If you’re tempted to tap your retirement funds in order to finance a small business, then you need to know the legal and financial implications of dipping into your 401(k).
Business relationships can fall apart for any number of reasons: miscommunications and misunderstandings, broken promises, unpaid debts, or simple disagreements.
Steer clear of these bad business borrowing practices. You can’t effectively management debt, or improve your corporate credit rating, until you know this information.