Contributed article in our financial series. Enjoy! – Kimberly
Financing a business can be costly and challenging, particularly as you have many ongoing costs throughout the life of your organization.
From growth through to diversification, there’s a range of reasons why your company will need to explore financing options throughout its lifecycle.
When seeking business finance, there’s a range of techniques you should use, and many that you definitely shouldn’t. It can be tough for new business owners to navigate the competitive world of business finance, so to help, we’ve put together a list of the dos and don’ts of business finance.
Don’t: Choose The First Provider You See
Do: Review All The Options Before You Choose A Provider
Choosing a financing option can be challenging, with so many companies out there offering financial products and trying to entice you with fancy advertising campaigns.Continue reading
When was the last time you checked your credit status? If it’s been more than six months to a year, you may want to make this a priority. Though it may not seem like a big deal at the moment, as companies begin to become increasingly dependent upon credit to determine eligibility for products and services, a poor credit history could mean the inability to get even some of the most basic things.
Don’t believe it? Here’s how a negative credit rating can impact your life.Continue reading