Because of vendor and employee payments, loan debts, rent, and other operating expenses, small businesses are “the most vulnerable sectors of the market in times of economic uncertainty.” A bill passed by the U.S. Congress in 2001 published these findings, which most business owners are experiencing during the current recession. If you have secured a cash advance or loan, you can order more inventory, remodel your location, or plan an expansion. However, in these times of  “economic [...]

Women’s fashion retailing can be a brutal business. Studies show that roughly 80% of women’s clothing stores go out of business within the first five years. Tough competition from department stores, poor evaluation of fashion trends, and bad inventory management are largely responsible for these business failures.

Rental equipment managers are always faced with the challenge of maximizing the dollar return on their equipment fleet. Managers must identify the high dollar/high time equipment and the low dollar/low time equipment and determine ways to make each piece of equipment “earn its keep”.

We’ve all heard the saying: “it takes money to make money”. Entrepreneurs who are long on ideas and short on cash are frequently frustrated by their inability to fund their projects. If they could just get their project funded, they say, they could make a lot more money.

Accountants and business advisors recommend that one of the first steps a new business should take is to establish a business line of credit.