According to Forbes, around 20% of small businesses collapse within their first year. The author notes something you’ve probably thought about as well: this number seems quite low. Twenty percent is a small figure in the grand scheme of things, especially when you consider the trials a small …
Moneying Articles and Interviews (category)
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.
Things to Consider Before Seeking Small Business Private Equity
If you are thinking about seeking a deal for small business private equity, it is wise to think carefully before making a decision. It may be one of the most important decisions you will make for your business. So do your homework, ask the right questions, and make sure you have a clear idea of what …
Bitcoin In Business: Looking At The Future Of Financials
Centralized entities like governments and banks across the world are finding it increasingly difficult to ignore Bitcoin and other cryptocurrencies, especially regarding the implications of international business transactions. In 2019 alone, there have been new laws and guidelines issued by many of …
How to Quickly Boost Your Small Business’s Credit Score
It can be difficult to find that your company is struggling financially and can’t get a loan due to a low credit score. Building business credit is a vital part of running a company, and that score is going to affect everything from loan interest rates to what types of credit lines you can open. …
How to Determine if Your Investment Advisor is Reputable
No matter what type of relationship you are trying to build, trust is at the core and becomes central to the association very quickly. When money is involved, as with an investment or financial advisor, a single moment of broken trust can wipe out years of savings and planning. With the inherent …
How The “Buy Cheap, Buy Twice” Mentality Relates to Growing Businesses
Cost-minimization is one of the cornerstones of success in business. For economists, the entire decision-making process of a firm can be reduced to this one simple task. While it may be simple in theory, putting this into practice as a business manager or owner can be difficult. Many businesses …
