When purchasing costly office electronics, heavy machinery or lab equipment, most business owners get the dilemma of whether to lease or purchase the items you need. Buying can be the most viable option, but it reduces your cash-flow. Leasing will require less...
As an entrepreneur, understanding how to navigate changes and create effective and appropriate processes to manage the changes is crucial for business longevity. New technologies are taking new ventures to the stratosphere, and the number of millennials is outshining the boomers. It...
Customer financing offers your clients a chance to purchase your products and services on payment plans. It improves your reach to customers and boosts business revenue. Both small and big businesses can apply for consumer financing for future and current customers. You...
Cash flow gaps are always an issue in most companies, including those in the medical field. If you run a business in the health industry, you need advanced technology, upgraded equipment, and skilled employees. All these are expensive and need cash that...
When we think of creativity at the office, we often think of employees as the main influence, however, it is important to understand that the physical space of our offices can also significantly impact this. Workspaces have not always been constructed with...
Most businesses run on having the right equipment at the right time. Whether you are in construction or retail, having the right tools to do your job can mean the difference between making a profit and going out of...
Buying commercial real estate can be about developing the best environment for your tenants or finding the right location for your brick-and-mortar shop. Either way, finding the financing that you need to purchase the property can be easier than...
When it comes to patents, they are complicated. If you need to register a patent, you may need to consult an agent about it. Business law is always complex and if you aren’t familiar with the legalities surrounding patents,...
Your medical practice does not survive on luck. Your clinic needs leadership and business management to survive. Unfortunately, medical school doesn’t include business classes. Still, in the medical industry, if you think about your practice like a business and...
Offering credit to your customers can be a powerful way to charge up your business receipts, but it can also be expensive. Since credit necessarily involves parting with inventory and taking payment later, it can put you into a...