Those who are self employed usually face specific challenges when trying to secure funding for their personal endeavors. Due to a lack of a steady paycheck and/or inconsistent income, lenders may feel more resistant to loaning the necessary funds. For this reason, lenders will typically ask for a greater amount of documentation to determine whether...
When was the last time someone took an objective look at your business – evaluating your strategy, deciding whether it’s still the right strategy, seeing whether your operations are in line with your strategy and objectively examining your financial results? If your answer is “not recently,” then it may be time for a strategic, operational...
As a small to medium sized business owner, you frequently learn from your successes and personally develop from your mistakes; a fact of any business-you need money to sustain your business and allow further growth. While many small to medium sized businesses still find themselves repairing the damages left by mandatory shutdowns last year, a...
You will often hear people in finance talk about the death spiral. Generally speaking, this typically would involve a loan from investors to a company, and the investors would receive a type of convertible debt in return for making the loan. This type of debt would give the loaning investors the option of exchanging that...
