All posts by Mariela Merino

It is critical that you stay ahead of the competition when building a thriving business. The key to this is to stay competitive by innovating. Consumers love companies that improve things and innovate. Improvement requires financing and the extra funds can give you the freedom to generate ideas, experiment with marketing, and take risks that your normally would not be able to do.

Credit card usage has been on the rise for the past several years all over the world. On the other hand, cash is declining but there are still over 70 percent of Americans that buy in cash. So, should your business consider going cashless or not?

Many small business owners are looking at how to operate in an eco-friendlier way. Not only is going green good for the environment but it can help your business save money, help streamline operations, and show customers that you are responsible and forward-thinking.

There are many financing solutions available to small business owners but the most accessible one is microlending. Microlending has been gaining popularity in the recent years.

No matter what kind of business you own, you are subject to a number of liabilities and risk. Small business insurance helps small businesses reduce some of these risks and keep the business growing when unforeseen events can put your company’s survival in jeopardy. The following ways should be kept in mind when you shop for small business insurance.

Every business starts out small but has the potential to grow into something bigger. This can happen by having a strong development plan and sticking to it, to having the right tools and equipment, and having the right staff.

A lot of problems can arise in a small business if there are past-due invoices. Late payments not only waste time chasing down the money, but lost income can cause a disruption in the cash flow of the company. Cash flow is crucial for the survival of the business, so it is important to keep it healthy. Unfortunately, many businesses experience late payments and puts businesses at risk.

Both ‘bill discounting’ and ‘invoice factoring’ are types of financial instruments that are used to provide working capital to businesses from accounts receivables (i.e., unpaid invoices).

Owning a business comes with many advantages and there are many rewards that come a long your way. However, there is some financial stress involved including issues with cash flow to unexpected natural disasters that affect the business.

Debit and credit cards are usually the preferred payment method over cash and businesses nowadays are adding cashless payment options. There is a growing cashless trend that is quickly becoming the norm and small businesses have more options for going cashless than ever before.