Many small-business owners make the mistake of holding on to aging equipment. While you may be trying to be thrifty and save on equipment investment costs, outdated equipment could be harming you in the long run. Learn how obsolete...
When you're trying to get your new small business up and running, it can be difficult to find all the necessary funding you need to get operations underway. Fortunately, there is a myriad of financial options available, many of...
You need the latest equipment to launch your business or keep it growing successfully. However, the latest equipment costs a significant amount of capital. Don’t leave your business hurting for cash by purchasing major equipment out of pocket, but...
Owning a business in the construction material supply industry can be complicated. When you’re dealing with vendors and clients, you have a lot of paperwork at any given time. Unfortunately, this may cause certain details to go unnoticed for...
Starting a business can be a lonely endeavor. Small business owners face lots of obstacles in their first few years. A popular way to stick with your business and overcome obstacles is to work with a business partner. If...
Starting a new business is overwhelming. When attempting to write a comprehensive and sensible business plan, you may not know where to start. It may be tempting to outsource the work to so-called experts who ensure they’ll “get it...
When accomplishing any goal, it’s important to have a plan of action that focuses on growth and development, but it’s especially important when it comes to having a solid business plan. Putting goals on paper makes it easy to...
With a flurry of ingoing and outgoing cash, it can be difficult to get an accurate picture of your small business finances. The best way to see where your company stands during a specific period is cash flow. If...
Many of the world’s wealthiest people obtained their status by investing in commercial or residential real estate. Of these two options, commercial real estate is generally the more effective way to passively generate wealth. With residential real estate, investors purchase...
It’s common knowledge that a good credit score can have numerous benefits for an individual. The same is true when it comes to business. If you are building a small business, you should be mindful of building your business'...