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Reasons Why Restaurant Owners Usually Take Cash Advances
March 9th at 1:25pm
Entrepreneurs that own a restaurant happen to be tilted in favor of small business advances and other related options, because of the convenience that can be provided through them. Small business owners get a world of feasibility through small business funding and restaurant owners happen to have the same trends as well. When you happen to start a restaurant of your own, you should take into consideration the numerous expenses that you should look after. Starting your very own business is no feat, and it is necessary that you leave no stone unturned in making sure that all of your…
Important Metrics You Need to Understand for Success as a Small Business
February 5th at 1:23pm
Small businesses can find going tough when they first start business. While everything including marketing and operations can be a bit tough to manage for small businesses during the start of their businesses, we feel that things officially get the toughest on the financial front. Small businesses have quite a hard time managing the financials of their business, which is why the best way out for them is to check up on the example of businesses before them and see how they would manage their financials in the best manner possible. Here we take a look at businesses before yours…
Signs You Should Consider a Merchant Cash Advance
January 5th at 1:21pm
The world of business funding is growing by the day and we now have multiple convenient options that can help businesses get over whatever financial crunch they are facing. However, regardless of whatever form of financial difficulty they are going through, many businesses happen to shy away from getting funding or funding from any other funding agency. The negative rapport of banks and other traditional financial institutions are to blame here, as businesses do not trust them with meeting their needs. What are the common obstacles you face when it comes to getting a funded amount from a bank? These…
Reasons Why You’re Not Making Enough Profits
December 11th at 1:11pm
Businesses thrive and live off the profits they make in their business. Before we delve deep into why the profits you’re making aren’t satisfactory, we will first try to look at the different metrics involved in the calculation of profits. The goods you sell to your clients make up your sales and the revenue you earn through these sales makes up your revenue. The revenue for your business comes at the top of your income statement and is used as your primary earning. From the figure of revenue you subtract the cost of goods sold for that specific period to…