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feature a fixed payback schedule that helps in budget planning.
by FORA FINANCIAL
8 minute read
January 1, 2020
A financial forecast is a method of predicting your business's financial outcomes. It uses previous data to create an accurate report of future performance. There are different forecasting methods, but the overall goal is to...
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5 minute read
December 23, 2019
Having access to the latest financial information is essential to running a successful business. However, it’s difficult to trust information from unfamiliar sources, which is why it's crucial to find great resources that you can...
When you know the signs of pending financial struggles, you can take measures to correct them. Some situations may only be temporary and won’t need correcting. However, if they happen often, they could cause lasting...
December 21, 2019
Starting a business requires you to fill a variety of roles: CEO, CFO, head marketer, IT department, tax preparer, bookkeeper, and more. There's a learning curve for each of these roles, even if you weren’t...
December 19, 2019
Many small business owners don’t see the need to spend money on business insurance, but this could be a costly mistake. According to The Hartford insurance company, 43 percent of small businesses were hit with...
November 27, 2019
Despite what you may have heard, brick and mortar stores aren’t going anywhere. From retail stores to a local mom and pop shop, there won’t be a death knell for this class of business anytime...
6 minute read
November 15, 2019
Owning a small business means taking chances. No matter how much preparation, education and experience you have in your field, internal and external factors can damage your hard earned reputation or hurt your finances. When...
November 14, 2019
Business credit bureaus evaluate the creditworthiness of your business and generate your business credit scores.
November 1, 2019
Drowning in personal or business debt (or both) is a threat you can’t ignore. In fact, accumulating too much debt is one of the primary reasons that about half of small businesses fail within one...
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Use of Funds: Project mobilization, upfront operating costs
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Use of Funds: Inventory Purchase, Working Capital
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