Once you have explored your lending options and decided to pursue financing to meet your business objectives, it is important to contact advisors to help get your house on solid ground and gain financing approval.
Most financial professionals are more comfortable delivering services than promoting them. At the end of the day, demand generation — your ability to generate interest, inquiries, new leads and proposals — is a good thing for your practice and your reputation.
Corporate executives are sharpening their focus on operational, back office efficiencies as a source of savings and liquidity. One are that has been a major focus of this effort: the Accounts Payable process.
In your business, every time someone physically handles a check or cash, it increases the opportunity for fraud. To mitigate this risk, consider collecting money electronically — a safer, cheaper, faster and easier way to collect.
With the time to sell a business averaging from 6 to 12 months, the transition plan for your business is imperative to the success of the sale—see the steps necessary to formulate your transition plan.
Most businesses are affected in some way by economic uncertainty — including your suppliers, customers and competitors. Many small business owners face opportunities and threats seemingly at the same time.
Use your payroll management system to help distinguish between employees and contractors. The system can automatically take care of tax deposits and filings, as well as supply year-end tax forms for both types of workers. To learn more, click here.