How can we predict a recession? Why am I hearing that there will be another recession soon? What can I expect from my business financing during a recession? How do I best prepare for a recession? How can we predict a recession? Well the short answer…
Causes of Plateau Business plan ill-equipped to support growth Lack of Personnel Financial Constraints Market Competition Growth plateaus are common for any business. Typically, they are a part of the small business growth cycle: expansion, plateau, expansion. Prolonged plateaus could be indicative of a more serious…
Doing business isn’t always perfect. Much like the real world, there will be unexpected costs. Maybe your daughter broke her arm climbing a tree, or maybe your landlord is increasing the office rent by 10%. Both scenarios may require extra capital that isn’t available. Maybe all…
Will Your Business Need Funding During a Recession? It’s been a decade since the last major economic downturn in America. Since then, unemployment has declined to pre-2008 rates and recovery has been slow but steady. But the economy is cyclical, and two-thirds of business economists expect…
This is Part 2 of a Business Essentials Series: Part 1 Being the owner of a small business means you have some experience with rapid business growth. One day it’s business as usual, and the next it’s wondering how to fulfill a massive purchase order for a…
On this episode of #TheMoneyFactor, I’m joined by Pamela Carnes, the CEO & President of the Cherokee County Chamber of Commerce to chat about the benefits of joining your local chamber of commerce for your business. We discuss how to find the right local chamber and…
This is Part 1 of a Business Essentials Series: Part 2 If you are a business selling to other businesses on credit terms, you will be issuing invoices. At minimum, a business invoice details: what you are selling, how much you are selling it for, when you…
Are you worried about recession-proofing your business? That’s what we’re talking about today, on The Money Factor. Hi, I’m Ian Varley, welcome to The Money Factor. A lot of people are worried about recession-proofing their business. We’ve been getting a lot of questions online. Let’s take…
Small Business Website Performance A small business can be anything from a single employee to less than 500 employees. A common need uniting these businesses across size is the importance of having a well-designed website. In the digital age, website performance cannot be overstated. Many small…
You’ve decided to start a business. This is exciting! You have a few names bouncing around in your head and a product that you can’t wait to share with the market. Now it’s time to slow down and make this vision a reality, and a profitable…