Getting Financing for Your Business

These resources will help you understand your financing options, increase your financial literacy and address the financial aspects of your business plan.

So you need money to start or expand your business. But the prospect of seeking financing can be daunting. Where do you start?  What types of financing are available?  There are many good sources from which you can borrow money for your business (debt financing) or get investors (equity financing).  First, figure out how much […]

Date: 2015/10/29

Contrary to popular belief, grants for business start-ups are few and far between. However, there are some funding sources (including grants) for specific purposes, for which you may be eligible. When looking into small business grants, remember: You should never have to pay for grant information!

Date: 2015/10/29

A cash flow projection reflects factors such as terms extended to customers, supplier terms, seasonal variations, and other factors that influence when cash will actually come.  A break-even analysis examines the interaction of fixed costs, variable costs, price, and unit volume to help you determine what combination of elements is necessary to break even. It […]

Date: 2015/10/29

Why do some business owner/managers hit the profit target more often than others? They do it because they keep their operation pointed in that direction. This aid gives suggestions that should help an owner/manager to zero in on profit. It points out that you must keep informed, make timely decisions, and take effective action. In […]

Date: 2011/11/16

Profit is residual. It is the consequence of what happens in and to your business.  Some of these things are within your control and some of them are outside your control. If you’re going to have any effect on your profit, you have to focus on those things over which you have control… so, what […]

Date: 2011/11/16

One of the keys to business success is the ability to interpret financial statements and make good decisions based on the information. In fact, a primary cause of business failure is poor financial management, including the misinterpretation of financial statements and inappropriate action taken as a result. This guide will help you understand basic financial […]

Date: 2011/10/13

Even if you use a bookkeeper and/or accountant, it is imperative that you understand the financial side of your business. This introductory-level guide takes you through practical exercises to help you understand the type of information financial statements provide. After completing the workbook you will be able to: read balance sheets, income statements and cash […]

Date: 2011/10/13

If you’re thinking about getting a loan to for your business, you need to understand your financial fitness.  Your credit rating is your history of repaying loans, credit cards or other financial obligations. It assesses your track record, how much you currently owe, what your payment amounts are, and gives you an overall score.

Date: 2011/10/13

“Is my accountant right for my business and me?” How important is that question?  Your accountant is (or should be) the financial doctor who monitors the health of your business.  This aid goesinto the details aboutevaluating an accountant and about selecting the one that’s right for you.

Date: 2011/06/16

Taken from our June 2009 newsletter, this article written by Ken MacLeod looks at bartering as a whole.  Is it the best way to support one another and do you ever get full value in the process?  In reality, it is tempting to exchange business services and it seems like a logical process of a […]

Date: 2011/06/16