Archives for the ‘Accounting & Finance’ Category

Finding Money to Start Your Business

By JJ Thomas • Nov 26th, 2008 • Category: Accounting & Finance

Courtesy of Kiplinger.com:
Jonathan Crawford recently wrote an article that touches on  the all too important topic of obtaining financing for a startup business. With the credit markets coming to a screeching halt, it is time for aspiring entrepreneurs to get creative with their attempts at raising startup capital. The good news is that there are […]



How to Translate Business Wealth into Personal Wealth

By JJ Thomas • Jan 9th, 2008 • Category: Accounting & Finance

Courtesy of Entrepreneurs.About.com:
If you are an owner of a business and are stuck trying to figure out how to convert your business’ value into personal gain for yourself, the following are five steps that will help lead you to this goal.
Accept a paradigm shift.
Relinquish the 24/7 work model and shift to work being an […]



Do you need good credit to get a small business loan?

By JJ Thomas • Jan 4th, 2008 • Category: Accounting & Finance

Courtesy of Small Business Boomers:
Myth 1: You need great credit to get a small business loan.
Myth Buster: You certainly don’t need a stellar credit rating to get a small business loan. Just as you don’t need great credit to get a loan for anything. A small business startup loan really is a personal loan, […]



Look Into Invoicing Clients/Customers Online?

By JJ Thomas • Dec 11th, 2007 • Category: Accounting & Finance

Courtesy of Expert Business Source:
If you have a small business and are used to getting preprinted invoices and are tired of all that paper lying around—instead why not invoice your clients online. I understand that unless you have a software program like QuickBooks, Quicken, or something similar—there doesn’t seem to be a lot of options […]



7 Ways to Improve Liquidity

By JJ Thomas • Dec 7th, 2007 • Category: Accounting & Finance

Courtesy of Pam Newman and Entrepreneur.com:
Liquidity is your company’s ability to pay the bills as they come due. We’ve all heard the saying “Cash is king,” so here are seven quick and easy ways to improve your company’s liquidity.

Sweep accounts: Use sweep accounts through your financial institution. This will allow you to earn interest on […]



Sale-Leaseback Deals Help Small Biz Free Up Capital

By JJ Thomas • Dec 5th, 2007 • Category: Accounting & Finance

Courtesy of Fortune Small Business:
Sale-leaseback deals can offer small business owners who own the real estate their business operates in an infusion of cash. If after reading this article and performing your own research on the topic you are interested in obtaining more advice, I can recommend Andrew Sink at Founders Investment Bank here in […]



Increasing Odds of Getting Small Biz Loan

By JJ Thomas • Nov 7th, 2007 • Category: Accounting & Finance

Money:
Regardless of the economy, entrepreneurs are risk takers and bankers are conservative. Lenders want to make “safe” loans, and virtually all of the major ones rely on credit scoring systems. That is unlikely to change in the immediate future. How can an entrepreneur increase her odds of winning a loan? There is only one tried-and-true […]



Experian Announces New Credit Resource for Small-Business Owners: BusinessCreditFacts.com

By JJ Thomas • Sep 20th, 2007 • Category: Accounting & Finance

ThomasNet:
The new web site offers insight and tools to help the business community understand the benefits of establishing and managing business credit.
Experian®, a global information solutions company, today announced the launch of BusinessCreditFacts.com, a new online resource designed to help small-business owners gain a greater understanding of the many topics dealing with business credit, such […]