Working capital is the money your business has to purchase supplies, pay the bills, and deal with unexpected expenses. Sometimes the need for this funding outpaces the collection, especially when you are taking on big projects or trying to reach...
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As the Chinese proverb goes, “A journey of a thousand miles begins with a single step.” Startups are a perfect example of a thousand-mile journey that must be broken down into small (yet crucial) steps. At this point, your destination...
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When it comes to making investments that can produce exciting results, commercial real estate is one of the more appealing options available. Naturally, getting started with CRE can prove to be very expensive. If you are not prepared for the...
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Running a business in the world of healthcare can be a serious headache. The medical industry tends to change faster than most other markets and this can create some serious complications when it comes to financial matters. If your company...
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In the world of financing, factoring is when a business sells its account receivables to another company. In turn, the business receives cash and can use it however they want or need it. Essentially, if a business is owed $5000...
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After generating a business idea, the next — and possibly most important — step in the process of starting a new business is crafting a thorough business plan. A plan will effectively serve as the blueprint for your business. It...
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