Establishing a small business is hard work — even for the most industrious entrepreneurs. For instance, setting your company up legally, developing your brand, finding the best location, attracting customers and acquiring start-up financing can be a challenge. Occasionally after a business is up and running additional risks and problem can arise. To help newer companies avoid some of these high risk traps our team has put together a few tips and guidelines to promote continued to growth and success.
Work on the business, not in the business.
Initially, the long hours and late nights are inevitable when starting a new business. However, ...Read More
Countless entrepreneurs require financing of some kind of another throughout the life of their company. This requirement for capital is in many cases the catalyst for growing a business and making it profitable. Just because there is a need for money, does not mean you should plow ahead into applications and loan reviews without answering some fundamental questions first.
There are specific questions entrepreneurs need to ask themselves and their lenders before proceeding ahead with a business funding application.
What is the primary need for funding?
This is obviously the most important question you need to ask yourself prior to proceeding with ...Read More
We all know the saying "It takes money to make money," and you will hear these words from many small business owners. Many small business owners at one time or another have had challenges managing their businesses cash flow. The fact that over 40 percent of small business owners have encountered cash flow difficulties that have had severe repercussions on their business is astonishing. Bizlender wants to help entrepreneurs manage their cash flow for 2018 with some helpful cash flow tips:
Conduct a Cash Flow Projection
By making a cash flow projection, you can trace differences in your business’s cash balance ...Read More
A business cash advance (BCA) isn't for every business, but it is an attractive alternative for some companies. Read on to determine if a Business Cash Advance (BCA) is right for your business and how to choose a partner.
If your business is looking for funding options for your business plans, you have multiple options. Conventional banks, SBA loans, equipment loans, crowdfunding, invoice factoring, hard money lenders and much more. But arguably most underutilized, channels of funding is a business cash advance (BCA).
But with so many various partners with different rates and terms, how do you know which is the ...Read More
If you are the owner of a retail shop, you understand that the success of your business can be influenced by customer spending habits and trends. At BizLender, we are here to support your retail business and help your business benefit from favorable trends and growth opportunities in the retail marketplace.
Our team of funding specialists knows everything about securing funding for retailers. We will manage all of your financing requirements so you can focus on your clients and grow your retail business. After all, your clients are what makes your business successful. Funding through BizLender for your retail store ...Read More