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.
An estimated 85% of employees drive to work each day. While it differs significantly based on location and times of work, the average commute is 25.4 minutes. That’s nearly an hour every day, and almost five hours a week spent traveling to and from work. […]
Starting up a business is a really exciting thing to do but making the next step and moving on can be really daunting. What is working for you and your small team won’t necessarily scale up so you need to think wisely about how you are going to increase your returns and move your business on.