Small Business Budget

5 Key Benefits of Using Project Management Tools for Companies

Project management is a daunting task because projects require the manager’s undivided attention to ensure the project goes as planned. This means, that you need to keep your team on the same page throughout the project, keep the project on schedule, and ensure there is streamline communication. Thanks to the advancement in technology, project management has become a lot … [Read more...]

How Fast Can A Bridging Loan Be Arranged?

As bridging loan rates hover at record lows, the number of applications for them are skyrocketing. Fast bridging loans are exponentially quicker and easier to arrange than most secured loans options, which makes them desirable for emergency situations and only adds to the list of people applying for them. In terms of exactly how fast funding can be arranged, a typical bridging … [Read more...]

5 Effective Ways to Prevent Business Bankruptcy

Bankruptcy is not an ideal position for any person or business. It can cripple you financially in the future, so many people tend to do their best to avoid it. However, things sometimes do not go to plan, which can cause major disruptions that a company may not be able to overcome. When it comes to bankruptcies, the best way to avoid them is by steering away from bad debt. … [Read more...]

The Importance of Tracking Spending When Saving Money

When making purchases, people sometimes lose track of the money that they spend, which causes them to lose money because they spent more than they budgeted for. If people want to start saving money, they need to track their spending. This sounds like common sense, but some people overlook this fact. With this in mind, here's why you should track your spending when you want … [Read more...]

Find the Best Installment Loans in Canada

When you require some fast cash to pay for expenses such as utility bills, buying groceries, or paying school fees, your best option is to get online installment loans Canada. You see, an installment loan can rescue you in your time of need, especially if you have a bad credit history. Most of these loans are flexible and they have reasonable repayment terms. Taking out an … [Read more...]

What You Need to Know about Equipment Financing before Borrowing

The concept of equipment finance is relatively simple: you borrow money from a lender to purchase or lease an asset for your business. Equipment is the key point of this statement because it implies a tangible thing, as opposed to an intangible asset. An example of equipment financing would be to receive $20,000 for a company car, or $5,000 for a new lawnmower for a gardening … [Read more...]

Five Budgeting Tips for New Entrepreneurs in 2020

So, you’re taking the plunge! You’re daring to do what so many people dream of — starting your own business. Congratulations! It can be scary and a little nerve-wracking, but if you’re organized and prepared, the early days of starting a new business are exciting and very satisfying. However, it’s important that you keep your eye on your budget so that your success extends for … [Read more...]

What You Need to Know About Finances Before Starting Up

As a startup founder, you will go through numerous stages, including launching a business, securing funds, polishing up your business model, collecting customer feedback, recruiting employees, and acquiring customers. But before all of that, you need to ensure your business’ growth, by having a solid financial plan. Having a financial plan gives you the opportunity to boost … [Read more...]

Ways to Eliminate Financial Stress in Business

Most businesses have certain periods of seasonality. Which means that for a portion of the year, business is slow. For your business it could be slow from January to July, but then picks up later in the year. Does that pattern sound like what your company struggles with? Does it create financial stress when it occurs? Well, if it does, there are several strategies that you can … [Read more...]

Choosing the Best Printer for Your Business

As stated by Imaging Spectrum, “As a business owner, your company must operate efficiently.” After all, lost time is lost money, so the last thing you need is wasted time due to inefficient operations. and Every startup company has been there: you try to save money, so you don’t upgrade your printer, so you lose hours of precious time due to malfunctions, software glitches, … [Read more...]