December 2016

How To Ensure Your Startup’s Survival

You are just getting started with the plans to build your business into the next big thing. The enthusiasm with which every startup commences is palpable. Every founder has a solution they plan to offer the world to fix a want or a need somewhere. With that said, it is important to note the statistics on startups can be bleak. Statistics report as many as 90 percent of them failing in their first year of operation. With numbers like that, it is critical you have a great business plan, marketing strategy and adequate cash so that your business will be one that thrives and soars!

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How To Determine The Value Of A Business To Buy or Sell

When you need to calculate the valuation of a business for yourself of your investors or when you are in the process of selling your business, make sure you’re performing the right calculations to determine a real business valuation. There really is no single way to determine what a business is worth but there are several things you can analyze and review to measure performance, profitability, and a good value for the enterprise.

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The Many Benefits of Having a Business Credit Card

As a small business owner, you probably receive applications and offers for business credit cards on a regular basis. But you may have wondered whether getting one is the right solution for your business and how they differ from other forms of credit. However, business credit cards are the most popular source of funding in the US.

Credit cards provide your business with a short-term solution to your financing needs. When used correctly, they can also increase your purchasing power by improving your credit rating. Use them incorrectly and they can have a detrimental effect on your business’s finances, which is why they need to be carefully managed.

Below you’ll find some helpful advice about business credit cards and how they can benefit you:

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How To Safely Transport Your Business Cash

As business owners, we try to do it all. From morning to night, we run around trying to meet every client and check off as many tasks on of our to-do list as possible. When we stop and think about it, most of these things include moving money in and out of our pockets: grabbing a coffee in the morning, paying for lunch, making bank deposits and so on. We often keep cash in our pockets, bank accounts and even in our safe at home.

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