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The Best Online and Hands-On Home Business Ideas In 2019

The increasingly prevalent role of the Internet in countless businesses has exposed the unrivaled convenience of working from home. More and more companies now offer remote work for employees, and starting your own home-based business has never been easier. Thanks to the Internet, you don’t have to leave the house to talk to clients, perform […]

What Is The Net Working Capital Formula For Small Businesses?

When it comes to the responsibilities of business owners, very few can match the importance of staying on top of the right numbers. This includes profitability, performance data, and of course, working capital. Small business owners must constantly keep tabs on how much working capital they have on hand. Without this information, countless critical tasks […]

Everything You Need To Know Before Buying An Existing Business

If buying an existing business seems like the perfect idea to you, you are not alone. Hundreds of thousands of businesses are reportedly sold to new owners every year. You can expect that number to go up as more people discover how buying a business compares to starting a brand new one. Buying a business […]

What Is A Good Profit Margin And How Do You Create One?

It doesn’t matter how much revenue you’re raking in or how many products you sell. If you do not have a good profit margin, your cash flow will suffer. A good profit margin is a mandatory requirement for a successful business. It shows that in addition to sales, the other financial elements of your business […]

How to Collect, Report, and Pay Sales Taxes for Your Small Business

Sales tax is among the biggest headaches for entrepreneurs. Unless your business only sells to customers in Alaska, Delaware, Montana, New Hampshire or Oregon, you must collect sales tax whenever a customer makes a purchase. Sales tax issues are extremely common because the rules vary from business to business and product to product. The amount […]

3 Reasons A Business Line of Credit Makes Sense For Your Restaurant

Choosing the right type of business loan often comes down to your industry. The financial needs and cash flow patterns of certain businesses make them better suited for certain types of business loans. One example is restaurants, which are known for tumultuous revenue and unforeseen expenses looming around every corner. These are the kind of […]

What Are The Best Business Loan Options For Auto Repair Shops?

Auto repair shops are among the very few businesses with almost no risk of becoming irrelevant or losing traction. People will always need to get around, which creates a steady stream of demand. You can reap the full benefit of this demand as long as you have enough cash to serve your customers and cover […]

Where To Find The Best SBA Loans In 2019

SBA Loans are among the most coveted types of small business loans on the market. Much like a traditional bank loan, the borrowing limits are high, the terms are convenient, and the interest rates are on the lower side. But only certain businesses can qualify and some widespread notions about SBA Loans may actually be […]

4 Strategic Tips For Cutting Costs At Your Small Business

The first step towards business growth or financial stability is almost always cutting expenses. It’s easy but proactive. And it’s safe to say you’ll feel much more confident about your future when you aren’t worried about unknowingly overspending on recurring or one-time expenses. Yes, there is always more you can do to save money. But […]

How To Tell If A Business Term Loan Makes Sense For Your Beauty Salon

You may have heard about the frighteningly high default rate for bank loans. This figure would probably be a lot lower if more previous borrowers understood that a business term loan might not have been the best option for their circumstances. While a business term loan is arguably the most advantageous type of business loan, […]