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Don’t Fret About Financing Your Business

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Many people want to commence their own business, but hesitate because of the difficulty of funding such a venture. It is great if you have an inheritance or a ‘pay out’ from work or superannuation - but even then people worry that they may lose their savings if their business idea does not work.
The [...]

Written by barbgabo

April 6th, 2008 at 12:00 am

Posted in Financing

Business Line of Credit - The Good and the Bad News

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A business line of credit is one of the most popular forms of business loans. For the business owner or operator, particularly for small businesses, a business line of credit can be a lifeline of financing that can allow them to pay their bills, meet their payroll and continue to operate even when times are [...]

Written by bizavings

April 6th, 2008 at 12:00 am

Posted in Financing

Personal Guarantee on Your Small Business

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A personal guarantee is when an individual agrees to be held responsible for assuming the debts of another person or business in the case of the borrower failing to pay back monies borrowed or defaulting on a loan or mortgage. This provides back up protection to the bank or other lending institution and gives them [...]

Written by bizavings

April 6th, 2008 at 12:00 am

Posted in Financing

Buy Or Lease Which Way Do You Go ?

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You are starting or expanding your business - great! But you are looking at many more demands on your finances: office equipment, tools, furniture, computers and peripherals, vehicles, etc. Deciding whether to buy or lease what you need might seem overwhelming.
Leasing is tempting to many, as it requires less cash up front. Having enough [...]

Written by ajames

April 6th, 2008 at 12:00 am

Posted in Financing

Don’t Rush to Bankruptcy - But It Might Be Inevitable

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What is Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay their creditors. A declared state of bankruptcy can be requested or initiated by the bankrupt individual or organization, or it can be requested by creditors in an effort to recoup a portion of what they are [...]

Written by nitron

April 6th, 2008 at 12:00 am

Posted in Financing