It is the holiday season once again, time for jingles, presents, and seasonal hiring. Moreover, If your company is like approximately ten million other businesses out there, then you will be looking to take on some seasonal employees to get you through the holiday rush. Here are some tips from BizLender to make your holiday hiring more effective.
1 Learn from the Past
Before your hiring ramp up, review your hiring process from the previous years and take note of things that worked well and not so well. Mainly, examine some of the key metrics of your past hiring experiences. How ...Read More
In the realm of the startup businesses, the ultimate goal is securing venture capital, yet for many startups bootstrapping is usually the reality. Moreover, self-financing emphasizes business credit.
If you are an entrepreneur, navigating the lending environment today can feel like chasing your tail. Conventional lenders and investment banks are hesitant to lend until you have established yourself with a substantial credit history. However, the question then becomes; how can you establish good payment history if you are not able to secure funding in the first place?
These restrictions from traditional lenders leave many business owners relying on their personal credit ...Read More
If there is one absolute that small business owners strive to accomplish, it would be running their business in a favorable cash flow position. Such a condition symbolizes a healthy company and possessing the capital on hand cover expenses and to reinvest or expand is crucial for success. The actualities of entrepreneurship do not always allow for such perfect conditions.
Even if a business is not underperforming, external factors like future payments, market disturbance or lead flow can strap a companies working capital from time to time.
The point is that having positive cash flow is key to maintaining business functions ...Read More