Posts

What is Negative Cash Flow?

2021-01-06

Minyang Jiang

One of the biggest challenges to running a company is maintaining the proper levels of capital necessary to keep operations afloat. Even the most profitable businesses can struggle early on with concerns over cash flow, or the amount of money left for your business after bills, mortgages, and other expenses.  Negative cash flow occurs when […]

Business loans for lawyers and attorneys

Business Loans for Lawyers, Law Firms and Attorneys

2020-07-21

Minyang Jiang

Updated July 21, 2020 An attorney is a viable career choice that is both rewarding and highly lucrative. The median annual income of an attorney is $131,990, well above the national average. In order to succeed as a lawyer, public appearance and credibility are critical. To maintain a sense of professionalism, you’ll require an attractive […]

Cash Flow Statement: What You Need to Know

2020-06-10

Minyang Jiang

Updated June 10, 2020 One of the most important things to understand while running a small business is the concept of cash flow. After all, it is critical that businesses have enough money flowing in to keep up with expenses and fund growth. Below, we outline the fundamentals of cash flow statements as well as […]

Payment Acceptance Tips for Small Businesses

4 Questions to Ask Before Purchasing a Payment Processor

2019-07-30

Minyang Jiang

If you’re in the market for a new payment processor, you might be overwhelmed with the number of choices available. Perhaps you are unsure of what properties to look for, or how to best incorporate your choice into your business’s needs. It’s true that there are several providers out there with payment processors available, but […]

roofing business loan options

How to Improve Profit Margins in the Construction Business

2019-07-10

Minyang Jiang

Owning and operating a construction firm requires a deep understanding of money management. After all, earning enough money to sustain your growing company isn’t as simple as stacking one brick on top of another.  It’s all too easy to fall behind and fight to meet deadlines and the client expectations as costs continue to increase. […]

Financial Tips for Small Business Owners

4 Smart Financial Habits That Will Help You Grow Your Business

2019-07-08

Minyang Jiang

Good financial habits can help you build wealth personally, but they can also give your business a boost. When you’re growth-focused, rethinking how you approach your business finances could make a huge difference in improving cash flow and profitability. As you plan your next phase of growth, consider adopting these 4 smart money habits.  1. […]

How Small Business Can Flourish Among Large Competitors

How Your Small Business Can Flourish Among Major Competitors

2019-07-08

Minyang Jiang

When it comes to competing with giants like Amazon, it’s important for any small business to constantly be mindful of adjustments they can make and be willing to make them. If you’ve owned a business for several years, this can be challenging since you have operations in place that you’ve grown used to. Nonetheless, the […]

Master Your Cash Flow

Businesses Need to Maintain Cash Liquidity for Unexpected Expenses

2019-02-05

Minyang Jiang

Getting a handle on your cash flow doesn’t have to be difficult. That said, it is arguably the most important factor in keeping your business afloat, as well as when qualifying for financing. According to the Small Business Administration (SBA), 20 percent of small businesses fail within their first year, and as many as 50 […]

Is A Short-Term Loan The Best Fit For Your Business?

2018-08-14

Minyang Jiang

When unexpected life events happen, sometimes you’re prepared and sometimes you’re not. As a small business owner, not only are you handling the curveballs that life throws your way, but also the unexpected challenges of business ownership? What happens when you’re not financially prepared for these situations? If you’re a small business owner, cash flow […]

Small Business Financial Agility and Shock Resistance

How to Make Your Business Financially Agile and Immune to Shocks

2018-07-13

Minyang Jiang

Everyone has experienced a financial shock, if not in business certainly in their personal lives. An unexpected car or home repair are common examples. In business, a financial shock can come from things close to home. These might include, a sudden need to repair or replace equipment, a vendor raising their prices, damaged inventory, or […]