Running a business is a cash intensive activity. To make money, you need funds available to pay your team, purchase raw goods, pay leasehold and other overhead expenses. Many businesses have the equipment, facilities and team members to fulfill any project that comes...
According to a small business credit survey published in 2020 by a group of Federal Reserve Banks, 66 percent of businesses faced financial challenges in 2019, but 57 percent did not apply for financing due to high interest rates, unfavorable repayment terms, loan...
As 2021 continues, the coronavirus continues as well. Even with the vaccine in play, the timeline to full vaccination for large swaths of the country is rolling out on an extended timeline over quarters rather than months. Even the most optimistic models predict that...
The coronavirus has really put a damper on the economy, making it harder for companies to operate. In an effort to boost those businesses, the government enacted the Payment Protection Program, or PPP. With the funds from PPP, many companies have been able to stay...
2020 has been a rough year for everyone, especially business owners. Thousands of businesses across the country have slowed down or even closed in an effort to stay afloat. Unfortunately, as 2021 begins, the economic outlook is still flat. However, How can you manage...
Despite the economic recovery and boom over the last decade, recent financial forecasts predict that the next few years are not going to be as rosy. While businesses can make some moves to prepare for downturns, the truth is that sooner or later those who are not...
