Business owners often take advantage of business funding to finance their capital structure, because most of the time it can actually help lower the total cost of financing. In addition to this, getting a business funding has other advantages compared with having equity financing, despite the known issues that it comes with ongoing financial liabilities
Starting a new company can be an exciting adventure yet it takes a lot of drive and determination to overcome hurdles and staying competitive in the industry, as well as balancing operational budgets, training new staff and formulating effective marketing strategies. To make your life as an entrepreneur easier, nowadays there are organizations out there
Skincare industry is expected to grow by 25% until 2020, according to the Bureau of Labor Statistics, this growth is considered as pretty fast compared to any other industry. Thus, starting a business in aesthetics can be very lucrative and personally rewarding if you have the passion and love for the profession. However, you need
For first-time entrepreneurs, starting a new business is always a difficult process. There will be a lot of time where you stumble and make mistakes such as underestimating budgets or hiring the wrong employees. Learning from experiences will help to improve your business performance, however, you can also try these tips to minimise your business
For people who love flowers and have passions in arranging flowers and creating floral centerpieces for various occasions, you can be a great candidate for starting a flower shop business. To help you get started with the business, in this article we will provide you guidance on how to start your florist business. Business Requirement
For entrepreneurs with a fashion sense, opening a bridal boutique can be perfect for you. This business can be challenging, especially if you start out on your own. However, it is very lucrative, because every bride will need a wedding dress, so you will not run out of clients to dress up. Before you start
Refinancing Business Loan can be a great solution for business owners if they: Struggling with a high interest rate or high monthly payments on a business loan. Thinking of consolidating several business loans into a single monthly payment, to avoid high balloon payments on commercial loans. However, before you decide to refinance business debt, you
Most of us know that our personal credit scores affect our ability to get business financing. But is this come in reverse? Can getting a business loan hurt our credit score? In this article, we’ll explain how business loan applications can harm your credit score and how to minimize the impact. What determines the impact
Many truck drivers dreamed to enter the entrepreneurial life by being a truck owner-operator. As an owner-operator, you will have the freedom to be your own boss and grow your business. But in order to realise the dream, you must first have enough cash to buy a truck. If you are not in the position
Personal credit score is an indicator on how fiscally responsible you are. The numbers are ranging from 301 to 850 and it is essential in evaluating your financial health. From landlords to banks, employers to small business loans lenders use personal credit score to determine how high is the interest rate that you will you