Moneying articles focus on all aspects related to business finance, including budgeting, bookkeeping, pricing strategy, insurance, and more. Since you presumably went into business to make money, knowing how to manage it effectively will help keep you in business and move you toward the profitability you seek.
Money is the primary gauge of your success as a small business owner. If your focus is centered on enhancing your value offering, creating a new value proposition or another component of business aside from money, it is time to partially pivot toward the financial side of the enterprise. Follow the tips detailed below and you’ll find your financial situation improves, setting … [Read more...]
Life as a small business owner can be extremely difficult at times. Especially for startups, the long working hours, relatively little payoff, and lack of experience can make things seem like they are going nowhere. Furthermore, you may also feel like you might never have enough money to keep your business sustainable, much less try to discover growth. But growing a small … [Read more...]
What is a high-risk merchant account? A high-risk merchant account is an account that provides credit card processing for businesses that are deemed to be at higher risk compared to other businesses. Examples of high-risk businesses include firearms dealers, subscription box services, pharmaceutical stores, and airlines. Nevertheless, high-risk merchant accounts will allow … [Read more...]
Many business owners find cashflow to be a difficult topic. It's not just about the cash in your bank account - it's also how you manage cash flow throughout the year. There are many different ways to use cash, and even more when considering all of the other sources of growth capital that businesses have access to today. However, understanding cash flow is essential for any … [Read more...]
When you’re starting your own business, there are numerous factors you’ll need to consider – from the type of goods or services you’ll be offering to who your potential customers will be. However, one of the most significant considerations when starting a business is the costs of doing so. After all, aside from the capital for the goods, you’ll also need to have enough funds … [Read more...]
Your management strategies play a significant role in the success of your business. Therefore, you must ensure that you use the best processes when hiring employees, planning your daily activities, and handling your clients. Besides, it would help if you managed your finances properly throughout the year. That will enable you to stay organized, stabilize your company, and … [Read more...]
Every day we face difficult situations in which a certain amount of money would save us a lot of hassle. But sometimes it is a more considerable amount than a regular one that you can borrow from relatives or friends. We need to think twice before borrowing from someone an amount that could exceed our budget. And yet, for such cases, there is an immediate and effective solution … [Read more...]
When you open a business, you want to make it easy for your customers to pay you. You want to take credit cards, but the fees can be a bit overwhelming. There are ways to avoid getting excessive credit card processing fees while still giving your customers an easy way to pay you. One thing you can do is give them a discount for paying in cash. Some credit card processing … [Read more...]
If you’re in the business of buying and selling commercial and/or residential real estate, then you’ve probably come across the concept of a transactional loan or hard money backed transactional funding. What is a transactional loan exactly? According to the experts at Quicken Loans, if your credit score isn’t quite as up to par as you’d wish it to be, you still have an … [Read more...]
Many of us show interest in binary options trading but are not aware of where to start. You may be someone who is looking for a new trading option. It also can happen that you are unaware of trading binary options, but you are keen to learn more. Whatever your situation is, this article will help you to understand the advantages and disadvantages of this popular trading … [Read more...]
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