Finance Globe

For many, the new year is the right time to make a big career change. And for you, it may be the perfect time to take the first step in starting your own business.As such a big decision – regardless of the process you follow and the path you take – it’s critical to have a detailed plan in place. Here are seven questions you can answer today to help you decide if starting a business...

There is a lot that goes into starting a small business, with the financial side of doing so requiring plenty of attention.In a perfect scenario, you’d have all the money you need to start and grow your business from the ground up. But, even if this isn’t the case, there are still things you can do to get up and running.Here are several ways to secure financing to start a small business:•    Friends and family: A...

There are many reasons to consider a business loan. While it may sound like the perfect idea, this is a big financial decision that will affect your business on many levels.Before you wholeheartedly decide in favor of a business loan, here are some of the most important questions to answer:•    Are you familiar with the many types of business loan? From term loans to equipment loans, understanding each type of loan can help you make an...

It doesn’t matter if you’re starting or growing a business, there’s likely to come a point when you need a cash infusion.Some companies have enough money in the bank to handle all their financial needs. Others turn to credit cards and investors to get what they need. And of course, many owners understand the benefits of a small business loan.Taking out a small business loan is a big decision that will impact your company in a...

It is becoming fairly common that individuals have a side gig or business while working full time. Most are not able to quit their full-time day job, but still want a way to make supplemental income. Being your own boss is the new trend, but doing it full-time without a safety net is very risky. Below are a few tips to build your side business which is a great way to mitigate risk, learn your market...

Are you strongly considering quitting your job to start a business? Are you both excited and concerned about making the move? Are you unsure if now is the best time to take the leap?There are many questions you must answer before quitting your job to start a business. By addressing these early on, you’ll better understand your situation and what you’re getting into.While there are countless questions to address, here are five of the most important:•   ...

There may come a time when your business requires additional capital. While there are many ways to seek funding, a business loan is often the best. With so many products to choose from – and hundreds of lenders offering them – you won’t struggle to find something that suits your requirements.Since taking out a business loan is such a big decision, it’s important to answer a variety of questions before pushing forward. Here are seven that...

As a small business owner, you’ll have many questions to answer early on in regards to payroll. If you address these right away, you’re in position to implement a system that works for both you and your employees. However, if you put this off, you could find yourself making mistakes that cause additional stress and headaches.Here are the most important payroll questions to answer as you get your small business up and running:•    Will you hire...

As a business owner, it’s important to have a thorough understanding of your company’s finances at all times. This could lead to a situation in which you recognize the need to borrow money.While there are many ways for a business owner to secure the financing they require, a business credit card is one of the best. There are many reasons for this, including the hundreds of offers and ability to receive an instant approval.A business credit...

Are you a small business owner with big goals for 2019? Have you come to realize that cutting expenses would be in your best interest? Do you have some concerns about the best ways to save money, without having an impact on the overall health of your business?There are many ways to save money as a small business owner, so it’s imperative to keep an open mind as you explore all your options. If you’re ready...