Cash flow is always a concern for any business, especially a small business. In a perfect world, revenue is always sufficient to cover payroll, materials and other operating costs, as well as support future growth. But we all know the world isn’t perfect. There are many situations that might find a business owner seeking a [...]
Your credit score—made up of five pieces of data: payment history (35%), amounts owed (30%), length of credit history (15%), new credit (10%) and credit mix (10%)—can either help you soar, or be an albatross that stymies your growth. You may be aware of what constitutes an excellent credit score (800 and up), but did [...]
Small businesses have been especially hard hit during the pandemic — and while there seems to be light at the end of the tunnel with the release of several vaccines, the road ahead continues to be bumpy for the time being. As of October 2020, according to a Yelp analysis, almost 100,000 small businesses in [...]
Many businesses are struggling in light of the rapid spread of COVID-19, which has resulted in many states “locking down” residents and allowing only essential businesses to operate. While this is certainly an extreme, unprecedented situation, it’s a harsh way for many businesses to see firsthand how cash flow deficiencies can affect their day-to-day operations. [...]
