Finance Globe

U.S. financial and economic topics from several finance writers.

Do You Need Money to Start a Small Business?

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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...
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Wanderer
Opening a new business may allow you to utilize governmental programs based on funding from state and local governments as part of... Read More
Saturday, 10 August 2019 07:08
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Are You Ready to Take on a Business Loan?

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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...
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Questions to Answer When Seeking a Small Business Loan

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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...
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How to Build Your Side Business While Keeping Your Full-Time Job

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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...
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Questions to Answer Before Quitting Your Job to Start a Business

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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...
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Wanderer
Makes me think back to that "business plan" where you set aside enough cash to cover the times when you are waiting for money for ... Read More
Monday, 20 May 2019 03:59
Frank
I have only started businesses as a side hustle while still keeping my full-time job. I just like the fact that I can fall back on... Read More
Thursday, 27 June 2019 08:42
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Thinking About a Business Loan? Answer These Questions

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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...
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Frank
I took out a small business loan last year, and shopped around for almost 3 months. There are so many providers out there, it is w... Read More
Thursday, 21 March 2019 11:34
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Small Business Payroll: Answer These Questions Early On

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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...
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Wanderer
The scary part of payroll is when you see that the Federal, Medicare, State and local related payroll taxes have to be paid on a t... Read More
Friday, 08 March 2019 07:03
Frank
I think even if you have 1 employee besides yourself, it is worth it to outsource this process. As wanderer and ChrisB mentioned, ... Read More
Monday, 18 March 2019 16:20
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Want a Business Credit Card? Answer These Questions First

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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...
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Frank
I own 3 business credit cards. I use each one for a unique situation, and I love them!
Tuesday, 29 January 2019 16:29
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Simple Ways to Save Money as a Small Business Owner in 2019

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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...
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Frank
Thanks for the tips Chris, I plan to use these in 2019!
Tuesday, 29 January 2019 16:26
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Financial Questions for Business Owners to Answer in January 2019

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As a business owner, January is one of the busiest months of the year. Not only do you have to tie up loose ends from the previous year, but you also need to look ahead to the months to come. When January 2019 arrives, don’t hesitate to answer a variety of key questions regarding your financial situation. Your answers may change as the year wears on, but that shouldn’t stop you from getting everything in order...
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Frank
Thanks for these Chris. When you answered these questions for yourself did you write down the answers?
Tuesday, 29 January 2019 16:05
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