In your personal life, having an emergency fund is sensible for many reasons. You never know when an unexpected expense might arise, and you don’t want it to get you into financial trouble. The same can be said for your business, although you might approach the creation of emergency funds a little differently. Running a […]
Tag Archives | Business Finance
3 Ways to Finance Your Company (That Aren’t a Bank Loan)
Every business needs to access capital to do things like fund its initial rollout, purchase inventory, ship components and pay employees, particularly in the early years of operation and especially during the startup stage. Most business owners will approach the banks for a business loan as a first course of action to access these funds, […]
Balancing Business Money: Stabilize Your Business Finances
When you start a business, you need to get it all in order if you want it to survive. Your finances are obviously important to keep a close eye on. They can be pretty wobbly at the start, and it might take a while for you to get everything straightened out. If you want to […]