The financing part of starting a business can be completely overwhelming. From finding a lender, all the way through the application process, until the sweet (or bitter) end of approval or rejection, the whole thing can wear a person out. While it may seem that getting a startup loan or any type of business loan is as simple as filling out an application and having the right … [Read more...]
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.
Regardless of how successful a business is or how awesome the owner is, sometimes things happen that are out of our control. These things may cause the business to suffer, and sometimes it may not be able to recover. The key to safeguarding against these types of circumstances is to be prepared before they happen, and have a plan to set things back in order as soon as … [Read more...]