Your company’s business credit score is a measure of financial health based on information compiled in business credit reports. It assesses the ability of a business to acquire loans and pay its bills. The four major business credit bureaus are...
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When businesses obtain unsecured lines of credit, they do not need to put up an asset as collateral. To obtain one, your business will likely need a strong application. This article takes a look at the uses of unsecured lines...
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The adage ‘work smarter, not harder’ is a good mantra for improving productivity. You need team members putting their efforts toward activities that grow your business and reducing the time spent on tasks that don’t improve your bottom line. We’ve...
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All businesses plan for growth and expansion. It’s how they grow their assets and increase her cash flow. There are many different types of growth available to businesses of all sizes. Much of this happens through acquisitions and mergers, but...
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Outsourcing can help your company get essential tasks completed without hiring new employees directly. You can contract with an outsourced team to do all kinds of job functions, such as sales, customer service, bookkeeping, payroll, HR, manufacturing and more. Outsourcing...
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Business mergers might be undertaken with best intentions, but the integration period can be quite stressful for everyone involved. Some people just put their head down and focus on work, hoping everything works out fine. Others dust off the resume...
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When your business doesn’t have the cash flow it needs to operate smoothly, what can you do? Many business owners apply for a loan from a traditional lending institution, such as a bank. Unfortunately, a lot of small businesses simply...
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It’s not an overstatement to say that cash flow is literally the lifeblood of any business, and if your company has problems with cash flow, it can be a serious disruption to your operations. The time between when you have...
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If accumulating significant profits and possibly even real wealth is something you consider worthwhile, then investing in commercial real estate is definitely worth your time. Even if you have other business concerns, the right commercial real estate project could be...
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Business partners are quite common today. It often takes two or three people to get a new enterprise off the ground. It’s not only money, but time and commitment required to build a thriving business. How can you tell if...
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