Asset-based lending is a type of financing secured by tangible assets. This includes accounts receivable, machinery, inventory, or other collateral. In most cases, a business can borrow 75-85% of their receivables or 50% of their inventory/equipment. Compared to other...

Franchising is an excellent option for anyone interested in starting a business but under the name of a big brand. With a solid business plan, it is not hard to find a franchisor ready to work with you. Fortunately,...

If your website isn't attracting many visitors or ranks so low on search engines it doesn't appear in the first couple of pages, you probably have a design flaw that needs to be fixed. Not only will one of...

Capital plays a significant role in ensuring the business keeps running. That is why you will find a company that has taken loans from multiple streams to support cash flow. Managing all these debts can be challenging, and you...

When you start a business, the objective is to increase your income. This also means having the right place to keep your income and see it grow with your business. Opening a bank account is vital as it helps...

When a customer inquiries about placing a large order for your startup, you want to be ready and provide the right services. But what if you check your inventory and realize you don’t have the needed goods at hand?...

Franchising is a huge industry with over 750,000 franchised establishments currently in operation, representing over 3,000 franchised brands. Yet, franchise success, while achieved at a higher rate than starting a business from scratch, is not guaranteed.  What is Franchise Success?  Franchise success can be defined...

When you cannot secure capital from traditional bank loans or ordinary financing options like crowdfunding, do not give up. You can look into alternatives and ensure your business does not stagnate. Factoring and accounts receivable financing are some of...

Most people, if they do not have a Facebook profile themselves, know what Facebook is. It has become nearly ubiquitous in our current time, and while some social media sites have found themselves getting lost and replaced by something...

Every business uses tools or equipment of some kind, whether it be sophisticated computer equipment, grills, and refrigerators in a restaurant, or trucks on a construction site. It can be easily said that purchasing equipment and using the right equipment are...