The holidays are over and now you are stuck with a lot of gifts, some of which, unwanted. You’ve had your shares of disappointments upon opening gifts and now it’s time to dispose of them. Yes, it’s improper to give away a gift but practicality […]
It’s like the equivalent of finding a $20 bill buried deep in your wallet! When you are working at saving capital, the best way to do it is to have it under the radar, so you don’t even notice you’re doing it. When you’re trying to save up money for a business, or any major purchase, it can take a long time, especially when finances are tight. So when you’ve got a goal in the not too distant future, and the clock is ticking, there are sacrifices that have to be made, but you’ve also got to find a foolproof plan to raise capital in numerous methods, especially if you work from home and have considerable life pressures. In this case, it’s about a combination of raising money in the background but also making some sacrifices. What’s the best combination?
Online sales are becoming an increasingly popular means of making money. The world of E-commerce is bustling and there are so many benefits that come hand in hand with operating online rather than running a brick and mortar store. You can make sales around the […]
Borrowing money is part and parcel of running a small business. There are extremely few people who can set up and maintain operations with their own money. After all, when you’re first starting out, you aren’t generating money, but you still have to speculate in order to accumulate. If you fail to invest in product development, manufacturing, marketing, or advertising, you’re not going to have anything to sell and nobody would know it existed if you did! Once things are up and running, you may also find yourself having to invest borrowed money during lulls in consumer interest – this could be used to boost interest and exposure in your brand and get things back on track. As you can see, borrowing in business is entirely normal and expected. Problems begin to arise, however, if you fail to be responsible with your borrowing. Very few professional loans come with zero percent interest rates and if you don’t pay them back quickly, or if your business fails to take off and you find yourself unable to pay them back, you may quickly begin to struggle. If this sounds familiar, here’s what to do to prevent your business from slipping into further debt.