Category: Business Resources

As a business owner, you have more important things to deal with than credit card chargebacks. They can be time-consuming and expensive. Here are some tips to help avoid them:

Liquid assets are your business’s lifeblood. Maintaining a strong liquidity position enables your company to weather temporary disruptions, secure affordable financing, and pursue sustainable growth. To gain a full perspective on this element of your finances, you’ll need to understand liquidity ratios. In this article, you’ll learn what liquidity ratios are, how to calculate and interpret them, and how to optimize…

When it comes to running a business, every penny counts. That is why it is essential to understand the fees associated with credit card processing. The fees can vary depending on the type of card used, your business transaction volume, and the processing company you choose. If you want to reduce your credit card processing fees, here are four tips…

Ready to scale up your business? Whether you’re planning to roll out a new product, expand your territory, renovate your storefront, grow your team, or make any other kind of strategic investment, you’ll likely need some funding. Both term loans and lines of credit can allow you to take advantage of new opportunities while maintaining sufficient working capital to cover your current…

Are you a small business owner looking to build a new storefront, diversify product offerings, conquer a wider geographical market, hire more employees, or pursue some other major growth goal? Chances are, you’ll need some extra working capital. Not sure where to start? Let’s look at how to assess your expansion financing needs, compare funding options, and prepare for success. How Much…

If you’re starting to think about retirement, it’s understandable if you don’t simply want to sell your business to an outside buyer and walk away. Your business is part of your legacy, and you want to see it continue to flourish and support the loyal employees who’ve helped you build it. But have you created a roadmap for how you will support…

Protecting your company’s inventory involves guarding against physical theft and monitoring inventory record-keeping. A company’s inventory is often one of the largest assets on its balance sheet. Unfortunately, inventory doesn’t always receive the careful monitoring it deserves – often at the expense of a company’s bottom line. In this article, we’ll look at physical inventory theft and inventory accounting fraud and…

Effective cash flow management is key to your business’s long-term success – helping you ensure that you have the funds on hand to cover day-to-day needs, pay for new expenses, or invest in your business. Even if your company is doing well, a slowdown in cash flow can threaten your ability to meet financial commitments and take advantage of critical and…

Equipment financing can be a powerful tool for growing your small business. Whether you’re looking to ramp up production, expand your geographical reach, or enter into a promising new product line, you may be wondering whether equipment financing is the right way to achieve your goals. In this article, we’ll briefly define equipment financing, cover some advantages and disadvantages of this form…

Ensure that everyone on your team understands the importance of working capital and the factors that drive it.