Business credit is so important and it's much different than personal credit. Gerri Detweiler is the Education Director at Nav and chats with Ramon Ray on the importance of business credit. Business vs Personal Credit Did you know your business can have its own credit report and score? What’s different about business and personal credit, is that no...
Last week I hosted/emceed the 3 day Small Business Leadership Conference in Orlando, Florida hosted by the Jim Moran Institute and the Florida Small Business Development Center Network. One of the many breakout sessions I attended was focused on finances and led by Octavia Conner, virtual CFO and founder of Say Yes To Profits and she...
One of the pleasures I have in traveling the country speaking to thousands of business owners is hearing many of their challenges. Of course the desire to get more customers and keep the ones they already having buy more is ONE big challenge. However, I also hear from business owners who are FRUSTRATED in growing their...
Running a business is expensive – your insurance costs are always going up, your cost to travel via an airplane increases each year and your supplies costs always seem to rise. Small businesses are constantly being squeezed by increases in expenses, making controlling costs more important than ever. Take a look at these four...
As a business owner, your greatest stress is likely ensuring you have enough money to run your operations. Even if you have a lucrative business, there might be times that you require more financing, and that’s okay. Many business owners turn to alternative lenders to receive the additional working capital they need. Still, there...
Cash flow is extremely critical to any business. In the absence of a proper cash flow, it may be difficult for your business to spend money on procuring materials from your supplier and holding them till they are sold to a customer for profit. In this article, we will take a look at some...
The recent passage of the Republican tax bill could lead to big changes for small businesses. But some entrepreneurs are still unsure exactly which parts of the bill might have the biggest impact. So a financial professional could potentially shed some light on the specifics. Ryan Himmel is a CPA and head of financial partnerships in the...
Cash these days is something desirable to everyone. However, it is increasingly being replaced by various methods of payment on the Internet. In Denmark, it is said to eliminate completely the use of paper money. The Swedes also wear this intention. An online store has the same rules as a traditional store in terms of...
More than half of small businesses have not built a credit score. And that can be a major problem when those businesses seek out financing to grow their business. Small Business Trends recently sat down with Rania Succar, head of QuickBooks Capital, to discuss the importance of business credit scores and planning ahead for financing your small business’s growth. Watch the...
The industry of lending money to businesses is booming. We see it every week on Shark Tank - investors investing in businesses or sometimes just offering them a loan (which must be paid back) so the businesses can scale and get to the next level. Loans are often needed to purchase more inventory, to...
