|
Jon Davidson: Posted on Monday, April 02, 2012 3:38 PM
Business cash advances have been available as sources of working capital for small businesses for many years, but until very recently, most business owners preferred other methods of funding their endeavors, going to private investors, or applying for traditional loans. Over the past year or so, however, there have been several changes to the small business financing landscape, leaving unsecured lines of credit almost gone, many banks no longer even lending to businesses, and the banks that are still lending commercial funds requiring more documentation and more collateral. |
|
|
Mohamed Noohu: Posted on Monday, February 20, 2012 4:05 PM
ASSIGNMENT: The company was experiencing cash-flow problems because they were in a growth phase. There was no structured accounting system, and no reports were done. The CEO wanted an in-depth study done, with an action plan. MSN Associates began by analyzing the firm’s working capital cycle and realized that billing dates were later than client deadlines, increasing AR days, and exacerbating the cash needs in a growing company where salaries were the biggest cost. Due to rapid expansion, the company experience declining profitability and cash flow pressures. |
|
|
Andy Lamedman: Posted on Wednesday, February 01, 2012 5:59 PM
So you have been thinking of buying a franchise and you have started an online search? There appears to be a great deal of information online about franchising and you now feel confident that you can find a franchise on your own. Is there really any need to have a Franchise Consultant? Of course you can find a franchise on your own but most people find the process overwhelming, time consuming, not to mention confusing. Using a Franchise Consultant who knows the ins and outs of franchising may be the way to go. |
|
|
Tooraj Kazeminy: Posted on Thursday, January 12, 2012 10:35 AM
This post is about how Business Intelligence is transforming finance departments. Wayne Eckerson of TDWI has a terrificwebinarabout this subject. He presents that traditional record keeping role of finance department no longer meets the needs of the ever increasing competitive business landscape. Rightly so, finance departments need to transform so that they can directly contribute to both the top and the bottom line. Such contributions would be in the form of helping the CEO make more profitable decisions. |
|
|
George M. Pomonik: Posted on Saturday, December 31, 2011 2:47 PM
People have asked me why I usually wear a suit and tie for business. Here are my Top Ten reasons: 10. It helps increase my credibility. 9. It cheers me up when I look in the mirror. 8. People don’t ask me to help remove carcasses from the street. 7. I avoid getting arrested for public nudity. 6. I can check my tie to see if I’m standing up straight. 5. It’s warmer than a tank top and gym shorts. 4. It reminds me to act professionally and sometimes even keeps me from shouting profanities during important meetings. |
|
|
John Ricardi: Posted on Monday, October 24, 2011 2:48 PM
With today’s economy, many SMB’s (small to medium size businesses) are struggling to properly allocate diminished funds to run their business. While I normally recommend you conduct a SWOT (Strengths, Weakness, Opportunities and Threats) analysis, the resulting execution plan often requires an investment in your business. So why not take some proactive steps (mini SWOT) that can mostly be accomplished through “sweat equity” and will almost certainly improve your sales and profitability. Listed below are 5 examples. |
|
|
Peter Louie PhD MBA: Posted on Wednesday, August 17, 2011 9:35 AM
No matter whether it is a paradigm breaking technology or an improvement in the current manufacturing process, the Research & Development Tax Credits can help to defray part of the cost in this business endeavor. A new tax regulation, finalized in 2003, makes it significantly easier for more manufacturing companies to qualify for the R & D Tax Credits. WHO QUALIFIES FOR THE CREDIT? • Manufactures products • Invests time, money or resources to improve their products or processes |
|
|
Peter Louie PhD MBA: Posted on Monday, June 27, 2011 4:59 PM
Would that be a miracle if you could recover the water that you have poured down the drain? It is not as miraculous as you think when it comes to the overpayments that you paid for your business bills. It is another element of your cost efficiency strategy called the business cost reduction audit. This process enables you to actually recover overpayments from the bills you have already paid to increase your cash flow. Increase cash flow is always a holy grail in cash management. To increase cash flow, typical thinking would be to increase sales. |
|
|
BusinessMoneyToday.com: Posted on Friday, June 17, 2011 12:46 PM
Is there a difference in financing standard business equipment like machinery, tools or vehicles and office equipment like copy machines or computers?When it comes to financing – there really is no difference! Equipment lenders are only concerned about a few common criteria when financing equipment. These criteria are: - Life Of The Asset: It doesn’t matter if you are buying a computerized routing machine with a useful life of 10 years or a copy machine with a useful life of 5 years. Equipment lenders just want to match the loan term with the useful life of the piece of equipment to ensure that you are not still paying for an assets that you cannot use.
|
|
|
Samantha Spuckler : Posted on Thursday, June 09, 2011 3:11 PM
If you are running a business and employ various people to work under you then you have to pay for various services. You also have to pay for taxes, rent, delivery services, utilities and wages of the employees. As a result you may run into debt at times in order to meet your various expenses. However, if you owe debt to multiple entities then it becomes very dangerous for your business as it may result in your business being in jeopardy. In such cases you can opt forbill consolidation to come out of your business debt. |
|
