-
Why every small business needs a growth plan
3-minute read Share f you’re like many entrepreneurs, you never take time to sit down and think about your future growth—how to take your company to the next level in a smart, disciplined way. But growth is an issue business owners ignore at their peril. In fact, it might just be one of the most…
-
Top 7 decision-making tips for managers
When you manage a business, you are constantly making decisions—often under pressure. How do you make the best possible decisions, knowing they will have an impact on your company’s future? 4-minute read Share As a leader, there are strategies you can use to avoid common pitfalls and hone your decision-making skills. Making better, faster decisions will help you…
-
Growing and Scaling Your Business with PaySprint Wallet Balance Protection
Looking for a quick financing for your business? Your PaySprint Business Account might be a gateway! 2-minutes read Share At PaySprint, we are supporting entrepreneurs to grow and scale their businesses. In addition to offering No-Hardware and 100% subscription-based payment processing, ecommerce and retail solution that enables business to save on the cost of doing…
-
5 solutions to get a business loan without collateral
Several options exist for businesses with solid cash flow or a promising idea but no assets 4-minute read Share What if you need a loan for your business but have no collateral to offer as a security? Can you still get financing? The answer is generally yes. Banks usually need some kind of guarantee in…
-
What is a cash flow loan?
Discover how a cash flow loan can help your business grow Cash flow loans, sometimes known as working capital loans, can be used to finance growth projects, such as investing in a marketing campaign, product research or hiring salespeople. They can also help businesses tide over cash shortfalls when they’ve maxed out their line of credit due…
-
How to get a business loan with a bad credit score
Having a poor credit score will make it more difficult to obtain financing, but not impossible. Banks consider a series of factors when assessing whether to give you a business loan. These include understanding the needs of your business, the project for which the loan is required, your business’s current financial situation, and your personal…
-
5 steps to understanding your costs
coming soon
-
6 steps to create your company’s financial plan
Your financial plan should act as an early warning system A financial plan is different from your financial statements. Instead of looking at what’s already happened, you make projections for the coming months, forecasting income and outlays. Your projections will act as an early warning system, helping you to plan for cash flow dips, identify…
-
5 tips to manage your cash flow
A cash flow projection for the coming year is like an early warning system Cash is king—it’s a common saying in the business world. But surprisingly few entrepreneurs take steps to manage their cash flow so that they don’t wind up with an empty bank account and nothing with which to pay the bills. The…
-
7 tips for reducing expenses in your business
Maintaining tight control over both fixed and variable expenses is an essential part of maximizing cash flow and profits in your business. There are a variety of tactics entrepreneurs can employ to rein in expenses and prepare for unforeseen costs that crop up over the course of the year. BDC Client Partner John Brison offers several suggestions to…