Financing a business can either mean you’re expanding, opening up a new business, or making new changes. Depending on your profit potential and capital, there are instances when you’ll need that added financial assistance to come up with the amount needed for your business. Typically, these are in …
Business Financing Articles and Interviews (tag)
Preparing for The New Financial Year
Though we are already four months into the year of 2021, several businesses have only just begun their brand-new financial year and with this comes a whole new set of challenges. With the need for improved spending strategies and a new financial forecast, this can all be very overwhelming should you …
When Is It a Good Time to Take Out a Loan?
Oftentimes, business owners wait for the “right time” to take out a loan. By right time, some entrepreneurs mean when they’re in dire need of cash and soon---which is actually too late, if you think about it. Experts say that the best time to initiate the loan process is when you don’t need the …
Running Out of Financing Options? Here Are 4 Things that You can Do
Cash flow issues affect most new businesses, and a good portion of well-established ones as well. This may be due to the nature of the business you're in, or because of unexpected events and changing market conditions. Either way, they can be distressing, and keep a lot of business owners awake at …
The Advantages of Credit Unions for Businesses
No business can cope without capital. Whether you're running a simple start-up and need those initial set-up costs to get going or if you're in charge of a much bigger and better-established brand, looking to expand, it's vital to ensure that you have the cash to cover your business needs, from …
5 Essential Steps to Becoming an Entrepreneur
Do you feel like you’re ready to move on from your 9-to-5, say goodbye to your days of being an employee, and become your own boss instead? Embracing entrepreneurship can completely transform your career, and anyone can become an entrepreneur, as long as you’re truly committed to your vision! Once …