It’s understandably difficult developing a business model that works when you’re so muddled into factoring everything from telecommunications costs, travel, and other minor expenses. In other words, we want to be “accurate” and “complete” with our business model — when really all we need to be is drilled down to the simplicities. Base Projections — […]
Finance Articles & Posts
This section contains some essential "How-Tos" for small business owners and Entrepreneurs. The goals are to provide critical information, tips and recommendations to improve your business including financial statements, budgets, and raising capital. After you have reviewed them, you should move on to the FINANCE TEMPLATES section located in the Navigation bar beneath FINANCE ARTICLES.
The iconic man Steve Jobs had quite the business ethic back in the day, judging by one of his more infamous quotes…. “The People Who Are Crazy Enough to Think They Can Change the World Are the Ones Who DO.” In business, honestly, we should follow that — as much as possible. To a certain extent, […]
Business risk happens to be a wolf in sheep’s clothing. However, if you give all the sheep hockey sticks and a puck like Wayne Gretzky, that wolf will likely hide behind the goal’s net. No one likes getting hit by the puck several dozen times! But we get it, though: we’re afraid of ticking off […]
Many clients start the entrepreneurial process asking the age-old question, “How do I raise money?” Unfortunately, beginning a business is a process that involves fulfilling a number of requirements before one can even think about raising money. The requirements for financing a business I am referring to may seem obvious, but they are critical to actually […]
A recent Wall Street Journal article reported that ten of the largest banks that issue small loans to businesses, lent a total of $44.7 billion in 2014. That’s down 38% from a peak of $72.5 billion in 2006. Doing a quick math addition, that means banks are lending about 30 BILLION less in small business […]