»Business Finances
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Using a Wire Transfer to Pay Suppliers

Aug 04, 2011

If you have international suppliers, one of the safest ways to quickly pay them is through a wire transfer. Wire transfers electronically move money from your bank account to the suppliers account.... Read More

Deciding What to Pay Employees

Aug 04, 2011

Human capital is critical to running a business, and you should pay employees for the work they do. Do some research and be willing to negotiate to determine a fair price to pay employees.... Read More

Should You Hire a Part-Time CFO?

Aug 04, 2011

Young companies frequently need a financial expert, yet dont have the budget to hire one. For many companies like this, the answer may be to hire a temporary or part-time CFO.... Read More

How to Cut Overhead Expenses

Aug 04, 2011

Reducing your cost of goods sold may not be plausible, but overhead expenses represent potential cost-saving opportunities. Marketing, utilities, salaries, benefits, travel, and entertainment are a few areas that possess cost-saving opportunities.... Read More

The Basics of Alternative and Nonbank Financing

Aug 04, 2011

There are alternatives to financing your business through traditional financial institutions. Common types of alternative financing include full-service factoring, spot factoring,  asset-based lending, purchase order financing, and accounts receivable financing.... Read More

When Are Internet Sales Taxable?

Aug 04, 2011

Sales tax is often not charged for online purchases, but in certain circumstances tax is included. If a company has whats known as nexus in the state where a customer lives, then internet sales are taxable.... Read More

How CDFI Lenders Can Help You

Aug 04, 2011

Community development financial institutions finance businesses in low-income, urban and rural communities that would otherwise have difficulty obtaining capital. Companies that will improve a community can receive financing from $2,000 to $300,000.... Read More

The Principles of Good Financial Management

Aug 04, 2011

When times get tough, many companies go back to the basics of sound financial management. Financial management takes into consideration a company's inventory, accounts receivable, debt, cash flow, profit, and expenses.... Read More

How to Put Your Business Profits on Autopilot

Aug 04, 2011

Try to see yourself not as a producer for your business, driving sales or fulfilling the purchases of your clients, but as a business builder, growing a company that will one day work without you.... Read More

Financial Forecasting for Small Businesses

Aug 04, 2011

Financial forecasting can indicate future financial or operating problems. One way to avoid financial instability is to find potential problems and fix them before they happen.... Read More

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