One of the biggest hurdles for any entrepreneur is access to capital. If you are like most entrepreneurs, you are constantly looking for new ways to reduce your expenses and free up your cash flows significantly so you can be ready for anything, whether a slow season or an opportunity to expand. The following are great tips to help you boost the business’s cash flows as well as enable you access to capital for entrepreneurs […]
Getting ready to buy your first home? Chances are, you need a mortgage to make the purchase. In this series, we will look at the basic 4 Cs of lending. In this first blog of the series, we will explore the first ‘C’ which stands for capacity. Getting a mortgage for your home purchase will be based on many factors, including the risks that the lender is willing to take on. The specific requirements to […]
When it comes to a life insurance policy, there are so many options at your disposal that can help protect your family in case of any sudden unfortunate eventualities. Basically, life insurance policies fall into two main categories; term and permanent life insurance. With a term life insurance policy, the coverage is usually for a limited period of time say 10 years. If you die within that timeframe, the money is paid to your beneficiaries. […]
People always get confused between business credit and personal credit. But the two have a common similarity in that when they are strong they could help you fetch better deals in the market, like help you qualify for lower insurance premiums or interest rates. If your business is new, however, you may not need a business loan right away, but at some point, you may do. A common worry for most business people is figuring […]
Researching and fine-tuning your business idea to match the needs of the market. To date, there are about 28 million small-scale businesses registered in the United States. According to Small Business Administration, this makes up about 99.7 percent of all U.S. business and when you consider all the reasons why people start a business, including financial independence or designing a career where they are flexible, it explains why there are so many businesses. To start […]
