The Small Business Administration (SBA) indicated 30.7 million small businesses make up 99.9% of all companies in the US. However, the US Bureau of Labor Statistics reveals that 20% fail in the first year. The challenges often stem from doing the fundamental things right to ensure business longevity. Fortunately, identifying and taking the proper steps […]
Archive | Money Management
6 Ways To Financially Prepare For The Future
If you’re young you might not be thinking much about your future finances, but the truth is time flies! It’s not too early to start preparing for your financial future, doing so will get you on the path of financial health and freedom. 1 . Set Yourself Goals To plan your financial future, it’s a […]
Where Can Your Business Save Some Money?
With the events of the last year and a half taking a huge impact on businesses, you might be wondering if there are any places in your business that you can save your money. The answer is that there are actually a lot of places that this is the case, and you need to decide […]
How to Determine Whether Your Business Could Benefit from Financing
If you’ve recently set up a business or are thinking about expanding, it could be an idea to consider outside financing. This would give you the extra resources you need to meet your business goals. Seeking business financing isn’t always the right thing to do, however. If businesses are struggling, most financial advisors would advise […]
5 Options for Funding a Small Business
To make money, you need to spend money. Funding a small business can be one of the most difficult things to do. If you’re looking into ways to finance your venture, there are some options that you can try to secure funding for your small business . Fund the Business Yourself What many small business […]