5 Things to Budget For at Your Business
Are you planning on opening up a business in the near future? This is an act that will require a great deal of prior planning. You want to make sure…
Are you planning on opening up a business in the near future? This is an act that will require a great deal of prior planning. You want to make sure…
As a startup, there are many new tasks that the business owner has to deal with. Bookkeeping is one of the most important to ensure the business's financial stability going…
Our citizens and our communities could really use some help these days. If you're interested in starting a community organization to fulfill a need but have no idea where to…
Whether you own a startup or a multi-million pound venture, business finance is a key aspect that always needs to be addressed. Remember, your business is an illiquid asset that should be a source of income. If like most entrepreneurs, 100% of your income is attached to the venture, this leaves you extremely financially exposed in the case of the business failing. Your worth as an entrepreneur is measured using your personal assets’ ability to raise income.
Service-based businesses have some advantages over retail businesses in that they do not have inventory to manage or goods that can be stolen. That does not mean, however, that running…