A business will not realize profit without access to the funds it requires to offset operational expenses and grow. Although it may get high revenue, there may be slow-paying clients hence financial shortages. To avoid such a situation, you...
An asset-based loan is a way for a small or medium company to acquire funding based on its assets. This type of loan is typically aimed at small and medium businesses that need more cash to expand or restructure, whether it’s acquiring...
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,...