Do you ever think about what happens if someone is injured on your property? Are you to blame and if you are will you have to pay compensation or damages? What happens if you’re the one who is injured? This all comes back to premises liability, and it is worth understanding this concept. The term could be important and may impact your finances at some point in your life. What Is Premises Liability? Premises liability is a legal term that is relevant to anyone who owns … [Read more...]
Modern Outsourcing and Its Business Benefits
The process of outsourcing work, whether that be labor, expertise or consultancy, is a huge business. Year end statistics for 2017, aggregated by Statista showed that global outsourcing generated US$88.9bn. Clearly, there is money to be made in the industry. For both growing and established businesses, there stands to be a lot of money to be made - even from value demand. Effective and precise cost cutting is an ongoing project for every business, big or small. Outsourcing can tick boxes, but … [Read more...]
Investing for the Small Business Owner
You’ve invested time and effort into your business and reaped the financial rewards. Now it’s time to consider the bigger people and investing in more. "I'm a better investor because I'm a businessman, and I'm a better businessman because I'm an investor," quoted multi-billionaire Warren Buffett. Chances are, if you have the head for running a small business you have the head for investing too. Here are some options to consider. Should I reinvest in the business? Your business is your baby and … [Read more...]
How to Secure a Term Loan For Your Business
In this time of economic recovery, it is becoming increasingly easy to secure a small business loan. Term loans are often used to purchase fixed assets such as production equipment, which is needed to increase revenue but would otherwise be unaffordable. A term loan is for a specific amount and paid over a specified period of 1-5 years. Offered by both traditional and alternative banks, there are three things that lenders look for: credit rating, time spent in business and collateral. Let’s … [Read more...]
Bad Credit Doesn’t Have To Mean The End Of The Road For Start-Ups
Starting a business is stressful enough, but when the dark cloud of personal debt looms overhead, stress levels can soar to a catastrophic high. Starting a business while in personal debt isn’t an ideal situation, but with some smart business and personal finance choices, it can definitely work. So, what can you do to stop personal debt from preventing your business from getting off the ground? Take A Look At Your Credit Score Finding out the cause behind a bad credit score can be the … [Read more...]
Entrepreneurs: Are You Ready to File Your 2017 Tax Return?
As 2017 already begins to draw to a close, it is time to start thinking about and preparing for the year ahead. If you are an entrepreneur, there are numerous matters that you need to start planning in order to have a successful year in 2018. One of the most important is your 2017 tax return. When you are a self-employed business owner, taxes can get complicated in a hurry. Rather than having your taxes withheld from every paycheck, you are responsible for knowing how much you need to pay each … [Read more...]
5 Money Saving Tools For Your Business
Capital is a business' lifeblood. Sure, ambition and willpower to make it happen both play equal parts. But without money to fuel operations, a business cannot hope to establish a solid base. As a smart business owner, conserving capital spending is essential for continued operations. Below are 5 tools that will help you achieve that and more. Laptops Upfront, laptops cost less than their desktop counterparts. A decent laptop powerful enough to manage payrolls, invoices, spreadsheets, and … [Read more...]
Build your business credit in 4 steps
How good are you at getting other people’s money? To have a successful business you need to convince customers, vendors, investors and lenders to give you their money. The last group –serve as a lifeline for millions of businesses. According to the latest research from the Federal Reserve Bank of St. Louis, U.S. business debt outstanding stands at a record high of nearly $8 trillion. Just because there are trillions of dollars being lent to businesses doesn’t mean that it’s easy to get a … [Read more...]
Defining and measuring unit economics
Business models can get complicated. The path to growth and profitability isn’t necessarily a straight line. It’s common to change the target market, product or service offering, pricing strategy, cost model and anything else in an effort to boost revenues and profits. With so many changes taking place it’s possible to lose sight of a basic question: how profitable is your business model? You many know how to run a business smoothly but it won’t help if you are in the wrong business. The way … [Read more...]
Investment tracking tools for busy business owners
The largest and most important investment entrepreneurs can make is the time and money put into their companies. But that shouldn’t be the only investment in their financial lives. Running a business is a risky proposition and the odds of failure are high. If your only source of income and savings is your business and it closes then your entire financial life is ruined and a fresh start could be delayed by years. Most entrepreneurs should complement their risky business with safe investments in … [Read more...]
- « Previous Page
- 1
- …
- 63
- 64
- 65
- 66
- 67
- …
- 134
- Next Page »