Small businesses usually don't have enough money to survive through a bad year, so owners have to make careful decisions on how to cut the costs and increase the revenue. Whether it's tough competition, financial obstacles, or being unprepared for rapid growth of business, there are a lot of reasons …
Business Financing Articles and Interviews (tag)
3 Ways to Get Capital in an Industry Downturn
When an economy lags, even established industries are affected. Economists have noted a widespread downturn among conventional industries, leaving scores of businesses in need of capital in order to keep going. Frequently, this happens to established businesses – for example, the oil industry. In …
Tips for Purchasing an Existing Small Business
Starting a new business from scratch can seem overwhelming. That’s why you may be considering buying an existing business and then giving it your own personal stamp. There are definite advantages to buying an existing business. In most cases, you are buying an established brand, an existing …
3 Questions to Ask Yourself Before Expanding Your Business
I have an aunt who owns a very successful bakery. In fact, her cookies, donuts, and other sugary treats are so sought after, she now supplies to more than 20 wholesale customers (and turns down many others on a regular basis) in addition to taking care of the retail side of her business. Because …
How to Establish Credit for Your Small Business
When you are launching a new business, you are right to focus on how you can make a profit. You research ways to make frugal purchases and to make the most of every dollar invested into your business. You are careful not to spend what you do not have. However, one of the best ways to grow your …
Keys to Raising Business Capital
Whether you are a startup or existing business, having sufficient capital is essential to growing a successful business. The lack of capital is also one of the primary reasons why many good ideas never develop into a business or why some companies never take that next leap into scalability. But once …
