Is there such a thing as free money??? The answer is simply, yes and no. Not so simple right? Well what in life is? Ahhh, the sounds of 4th quarter – every good (and not-so-good) sales rep is making that final year-end push – and if you watch any amount of TV at all, you’ll start to see… Read More »
Expanding on Lack of Capital from an earlier post, the question remains “Why pay cash?” The truth is, while money is “cheap”, paying cash is like digging an early grave. From the bank’s perspective, if a customer has a low 4 figure bank balance and is asking to borrow a moderate 5 figure sum, the applicant will either… Read More »
With stats ranging from 50% to 80% of new businesses failing in the first 5 years, how can you increase your chance of survival? Having worked in commercial equipment finance for many years, I have sorted through my fair share of start-up applications. Imagine, if you will, a mountainous eyesore of unprepared hobbyists who are willing to risk… Read More »
Hello there! Let’s make your day a bit brighter by discussing a very special part of the US IRS Tax Code, Section 179. Yes, you read that right – tax code can be exciting, especially when it benefits your business! No need to go hunting for sections 1 through 178, we’ve got what you need right here. Welcome… Read More »
Cash flow is essential to the life of any business, large or small. In simple terms, the proper allocation of cash resources makes it easier for a business to flourish. However, when revenue generation is at a lull, a business may need to seek funding options to ensure steady growth without interruption. Luckily, these days, there are many… Read More »