Fixed capital and working capital are vital to any business’s success. Some newer business owners just starting may not know the difference yet. Let’s discuss what these terms mean. Working Capital Working capital is the difference between your...
In terms of record-keeping, there are three must-haves for any successful business. Keeping tabs on all financials is very important for the company’s economic health. This is where business financial statements come into play. You’ll know exactly where...
What is a Bullet Loan? A bullet loan is also known as a balloon loan. They can allow a borrower to either put off paying principal and interest until the loan matures or to make minimal payments until maturity. At the end of the loan term, the borrower pays a large...
The best advertising is done by word of mouth. If you want to skyrocket your business quickly, an effective marketing strategy will drive target traffic to your company and footsteps into your door. Here аrе five tесhnіquеѕ уоu can use tоdау to ѕtаrt seeing rеѕultѕ...
According to the IRS, “A sole proprietor is someone who owns an unincorporated business by himself or herself.” Often, those new to the business will start a sole proprietorship. This is the most accessible business type to set up and the least expensive. Versus an...
