There is something to be said about doing things the way they’ve always been done. Traditions become industry standards because they work. Even if your construction business is succeeding at the status quo, however, there is always room for...
With unreliable weather and frozen ground conditions, many construction business may experience a decrease in business during the winter. This can make managing expenses without a guaranteed steady income difficult for companies that still need to covers costs during...
When you purchase equipment for your business that is expected to last more than one year, it is considered a fixed asset. As such, its value decreases from year to year. This is called equipment depreciation. It is important...
Many companies buy their equipment outright. Ownership certainly comes with its own rewards. Another option for getting the equipment you need to run your business is leasing. Equipment leasing not only offers certain tax benefits but it may be...
Factoring is a method of generating income that does not involve taking out a loan or a line of credit. A factoring company purchases your unpaid invoices of goods and services that you have already provided and collects money...
For most businesses an income statement is a very familiar document. It’s a great resource for assessing profit and loss and used for a variety of business needs such as taxes or applying for financial assistance. At its core...
Finding the right payment processing options for your Point of Sale or POS can be a difficult decision with all the options out there. However, knowing you’ve chosen the right service for your business needs can take a lot...
Many people are interested in using their passions to form a small business, but an interesting idea for a product or service is just the beginning. In order for your business to thrive, it can be beneficial to do...
There are a variety of business loans out there designed to fit a variety of needs. Of these, SBA loans have a number of advantages you may want to consider. It’s true that these types of loans can take...
Leasing is enormously popular among businesses of all types—and for good reason. If you're wondering whether equipment leasing, rather than buying outright, is the best option for your company, take a look at some of the top advantages. Why Equipment...