Outsourcing is a great means for startups or small businesses to reduce costs so to shift more revenue to operational growth and free up time. Outsourcing can account for continuity, and help you control your operational expenses and risks. Here are 12 tasks you can easily outsource to avoid making a critical mistake, save time, and focus your attention on your core business. Administrative Tasks: Appointments, Scheduling, and Answering Phones Small tasks can take most of your time each day. Outsource your administrative tasks so to be able to focus on the core processes of your business growth. Bookkeeping Avoid […]

Maintaining a steady cash flow is paramount for the healthy growth of your enterprise, and doing so demands streamlined spending habits. While we don’t recommend just going for the cheapest business services available, you should sit down and evaluate the areas where you might be able to save some cash. Here are a few tips on how you can cut operational costs while maintaining the quality standards of your goods and services. Bundled internet and phone packages As a business owner, you probably spend a lot on cellular and internet services. Because simply doing away with these expenses is not […]

So, you’re starting a company. Perhaps it is an electronic cigarette e-store, or a bookstore. Maybe it is a hair salon or a trucking company. Whatever your business, there are a few things that all have in common. They all need employees. They all need inventory or tools and products. They all need funding. This last one can be an issue, and the bank will not help you out if you are just starting out. Many aren’t sure where to go or what to do after they are turned down by the bank, but thankfully there are many alternative business […]

Since more states are legalizing marijuana every year, it seems like funding options would be great. This is false, due to many reasons. Even though more and more companies are in need, regulations put a halt on who can lend to legalized marijuana businesses. The Feds, namely, have caused major issues by not lowering or deleting the illegalization and drug schedule of marijuana, making it pretty much impossible to obtain any funding from a bank. This leaves you with few options, and some are better than others. At the end of 2016, 25 states and the District of Columbia will […]

If your dream is to start a new business, you may be dreading applying for a traditional bank loan. However, the last ten years have created a market for alternative loans to flourish. Many SBOs are bypassing banks and choosing these types of loans because the options are endless, qualifications are less strict, the applications processes are faster and simple, and have less risks. Let’s go further into the reasons why SBOs are choosing alternative financing. Less Strict Qualifications It is much easier to qualify for an alternative loan than with a traditional loan. In general, all applicants will have […]

High risk merchants and new businesses often have a hard time acquiring business loans. Lenders view these merchants as undesirable and unnecessarily risky. However, it is possible for new entrepreneurs and high risk merchants to attain the necessary loans to start or sustain their businesses. The following are a few steps to getting a business loan. Make Connections with Lenders. Before asking for a loan, make connections with lenders. It is important to build relationships with key contacts within financial institutions. Remember, these contacts will pay off when you do decide to ask for a loan. Know Your Score. Know […]

One of the most valuable assets to a company is its people. But to get the best people, you must provide incentives to attract and keep them. A popular way to retain talent is providing stock options. Solid stock options give companies the ability to motivate and reward employees. The following are some major factors to consider when dealing with stock options. How Do Stock Options Work? Say Company Acne hires John M. and gives him the option to have 30,000 shares of the company at .25 per share. The option is based on a 3-year vesting with a one […]

High risk businesses struggle with almost everything. From getting off the ground, to growing its clientele, to getting a business loan, to paying back that loan. Business loans are the go-to for most merchants, and high risk merchants search them out, as well. However, the bad usually outweighs the good with a loan. While some refuse to look for anything other than a business loan, many high risk merchant account processors offer up alternatives for their clients. A high risk cash advance is something that all high risk merchants in need of funding should search out. While not all high […]

Qualifying for a business loan can be a challenge for some business owners, especially those in the high risk business. If you are looking for a loan from a traditional lender, the process can be long and grueling. And if you have bad credit, it is almost impossible to attain a business loan with a reasonable rate. The following are a few questions that lenders will ask when you apply for a loan. Are You Able to Repay the Loan? Lenders won’t ask you this right out, but they ask a considerable amount of questions to get to the answer. […]

Most every business can take advantage of online sales. Even if you have a car dealership, you can garner interest with a website and preapproval applications can speed up the purchasing process. Websites can be costly, and hiring a developer can be both costly and a challenge. Lucky for today’s high risk merchants, there are financing options available to help their e-commerce needs. A high risk cash advance can help your business keep ahead of the competition. Whether you are in need of cash to pay for a website, or new equipment, or even to pay company bills, a high […]