Archive for May, 2011

May
11

How to Acquire Cash Flow

Posted by: | Comments (0)

small-business-loan-increase-cash-flowThe biggest struggle amongst small businesses is effectively maintaining cash flow when the economy is in a massive slump.  This is a dilemma small businesses worldwide face today.  If your business is struggling to make ends meet, call one of our unsecured business loan experts today.  In the meantime, check out our tips on how to preserve expenses for your company.

Go Old School

When running a business there are many expensive tasks to oversee.  You are not going to be able to do it all yourself, and since finances are tight then forget about hiring outside consultants.  Instead, go old school and barter for services.

Bartering saves your business money in the end while attaining services needed to continue growing and increasing customers.  Think about what services you can exchange with other businesses, including advertising, travel services and bookkeeping.

Find a Silent Investor

This is one of the most difficult tasks to achieve, especially with the recession.  No one wants to provide funding to a small business and if he/she does, then the investor wants a say in daily operations.  This is a huge hassle.  However, if you are able to find someone to invest in your business without losing ownership and control, then it is an option to look into.  It saves your cash flow from having to be spent on the expenses covered by your investor.

To find out more about how to finance your small business, call one of our small business loan specialists now!

Share This:
[Digg] [Facebook] [Google] [LinkedIn] [MySpace] [Reddit] [StumbleUpon] [Twitter] [Email]
Comments (0)

credit-card-tips-business-unsecured-business-loanThere are many benefits to having a company credit card.  One is it keeps track of your expenses and two it builds your business financial credit.  But the important thing to note is do not go hog wild with your business credit card.  If you do, you put your entire business at-risk.  To ensure this does not occur, here are my top four tips on how to manage a business credit card successfully.

Limit the Number of Business Credit Cards

Do not get an abundance of company credit cards.  Two should be sufficient for your business.  If you try to manage multiple cards, then you may lose track of spending.

Think Before You Swipe

Use common sense when using the credit card.  Do not use it on anything frivolous.  Preserve it for essentials and/or big necessary purchases.  Think along the lines of new restaurant equipment, bookkeeping and IT expenses.

Choose One with Big Rewards

The credit card industry is extremely competitive.  Thus, find one with rewards matching your needs.  There are cards available offering flight discounts, cash back, store discounts and more.  Find one most suitable for your business.

Use the Statements to Evaluate Expenses

Utilize the monthly and yearly statements to make wiser spending choices in the future.  It is easy to see where the money is being spent versus where it needs to go when examining the statements.  Use them to your advantage.

If your company is in a financial slump, call one of our unsecured business loans or small business loan experts today!

Share This:
[Digg] [Facebook] [Google] [LinkedIn] [MySpace] [Reddit] [StumbleUpon] [Twitter] [Email]