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HOW TO OVERCOME ADVERSITY IN BUSINESS
August 5th at 9:05pm
Starting and running a business can be extremely challenging. Most entrepreneurs and managers find new obstacles to remove and towering barriers to scale every day of the week. We often encounter disruptive situations in our personal and professional lives such as a divorce, the death of a loved one, illness, the loss of a favorite customer, the departure of a valued employee, a shortage of funds, or even a lawsuit. The best entrepreneurs tackle these one at a time without losing their stride or their passion and many secretly get their highest satisfaction from overcoming an impossible problem. Here are…
MEET LARRY ELLISON
July 29th at 8:55pm
Lawrence Joseph Ellison is an American businessman, entrepreneur, and philanthropist who is a co-founder and the executive chairman and chief technology officer of Oracle Corporation. Here are some fun facts: 1. Larry Ellison, CEO of Oracle Corporation has an estimated net worth of US$ 41 billion dollars. The majority of this wealth is from the 22.5 percent shares that he owns in his company. 2. Ellison was born to Florence Spellman in August 1944. Spellman was unwed and nineteen at the time, and Ellison’s father was a United States Air Force pilot stationed overseas before knowing he would have a…
GROW YOUR BUSINESS WITH BUSINESS FUNDING
June 24th at 10:19pm
Here’s a list of just a few of the reasons why business owners look for business expansion funding, and what you can use expansion funding for. Grow The Team. You might have just started with you and a few employees. Expand to a New Market.Expand a Product Line. Remodel or Pursue Commercial Real Estate. Buy New Equipment. Expansion Funding Capital For Growing Businesses. Taking out unsecured funding can sometimes be the best way to move your business forward. Small Business Capital. Small businesses are typically more established than startups, but the need for increased revenue is equally important. Start Up Financing. Here are five steps to help you qualify for a…
CREATE A FINANCING STRATEGY
June 17th at 10:12pm
A financing strategy establishes the fundamental steps of how an organization can achieve its financing targets, be it short term or long term. It involves a strategic plan as to how the organization can finance its overall operations. Strategic financial management has the role to establish that your organization will finance its operations to achieve each milestone and maximize its profits. … Also, it’s important to determine how your financial strategy fits into your business plan and what changes are needed to ensure it stays relevant. There are three main components of a organization’s financial strategy: financing, investment and dividends. Financing involves determining if using debt, equity or a mixture of both is advantageous for purchasing assets. Essential…
WHAT IS THE BEST BUSINESS CREDIT CARD?
April 26th at 8:23pm
If you’ve got a business, new or old, big or small, you should consider getting a business credit card. Small businesses need access to credit, and these specialized business credit cards can be a great way to fund purchases, manage spending and help save money over time. The Best Business Credit Cards Capital One® Spark® Miles for Business: Best for everyday business spendingCapital One® Spark® Cash for Business: Best for business cash backThe Business Platinum® Card from American Express: Best for travel perksInk Business Preferred Credit Card: Best for business bonus categoriesBrex Corporate Card for Startups: Best corporate cardUnited Explorer…
AMERICAN EXPRESS FOR SMALL BUSINESS
April 22nd at 8:18pm
American Express and business often appear on the same page, and there is a good reason for that. Amex has a solid offering of charge cards and credit cards for small business. These cards let you take advantage of the well established customer programs provided by American Express, including the Membership Rewards® program, Global Dining Program, and American Express Global Business Travel. American Express business credit cards come with a long list of useful benefits that can benefit your business. The exact benefits you receive will depend on which American Express business payment card you use. American Express® Blue Business…
FINANCING FOR SMALL BUSINESS
April 8th at 8:09pm
If your small business needs capital but doesn’t qualify for a traditional bank funding, there are several alternative financing methods and funders that may meet your needs. Here are some of the top financing options for small businesses. Community development finance institutions There are thousands of nonprofit community development finance institutions (CDFIs) across the country, all providing capital to small business and microbusiness owners on reasonable terms, according to Jennifer Sporzynski, senior vice president for business and workforce development at Coastal Enterprises Inc. (CEI). Venture capitalists Venture capitalists (VCs) are an outside group that takes part ownership of the company…
LEASE OR BUY YOUR BUSINESS CAR? TAXES AND OTHER INFO
March 25th at 7:49pm
If you are considering car leasing for your business, you may be wondering if it is better to lease or buy. Here are some factors to consider, including which one gives your business a better tax break. Here are some comparisons between leasing and buying a business vehicle: Ownership: This is different for businesses than for individuals, because of the tax benefits of ownership. Depreciation A leased car typically doesn’t get you any tax benefits (depreciation), while owning the car can give you depreciation deductions. Initial costs: Up-front costs for leasing and buying are different (down payment vs. first month/security deposit), so…