Business owners and managers need to make crucial decisions to improve their operations, from hiring staff to making upgrades. In fact, upgrading business equipment is a common strategy businesses use in order to compete with competitors and even bring in more customers. For example, beauty salons may purchase new, luxurious spa chairs. Restaurants might upgrade their bar to […]
Taking out money for your business is crucial for helping your business sustain itself and also grow. Many small business owners turn to applying for traditional business loans only to realize the process is painfully slow and time consuming. On top of that, there are a multitude of qualification hoops to jump through, including, but […]
Did you know that this week is National Small Business Week? According to SBA.gov, in 2010 there were 27.9 million small businesses in the United States. It’s no doubt that small businesses are the backbone of America. And from the years 1993-2011, small firms accounted for 64 percent of new net jobs created. That’s why we […]
The restaurant business is a tough one. There are so many reasons why restaurants fail but one of those reasons is marketing (or lack, thereof). Yes, improper or insufficient marketing can really hurt a restaurant’s chances of success. A restaurant’s bottom-line is, in the end, based on sales. How will a restaurant make any return […]
Operating a successful medical practice, whether it’s a dentist, optometry, podiatry, chiropractic, rehab, lab, hospice, or even veterinary office, requires not only scientific knowledge, but also business-savvy. You need to know how to manage employees, patients and day-to-day work flow. That’s why working capital is so important for any business. Working capital for a medical office can […]
When it comes to the finances of your business, how does yours compare? Explore more infographics like this one on the web’s largest information design community – Visually.
We often talk about working capital and how it’s essential for every kind of business owner, but what exactly is working capital, anyway? Think of it like this — you’ve got employees, vendors and bills to pay — you need to do this with working capital. Working capital is simply the money you use for your […]
With extra working capital, dental labs can make the needed inventory purchases to keep the day-to-day operations running smoothly. A business cash advance is a seamless way to get money to buy: Equipment such as abrasive blasters, dental ovens, injection systems, milling machines and more Teeth and moulds Supplies like porcelain, handpieces, acrylics, model formers […]