The Source

The Small Business Administration offers 504 loans that can be used to help businesses in the United States grow by providing funds for specific purchases. In this post, we’ll explain what a 504 loan can do for...

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When patrons visit your salon or spa, they want to be pampered. There's no room for broken equipment, poor service, or lackluster interiors. If your salon isn't up to standards, customers will likely check out...

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A fixed expense is a cost that stays the same over the short-term even when business activities, such as sales or transaction volume, increase. Usually, when accountants mention fixed expenses, they’re talking about them in...

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Among the many factors that can hurt your business credit, charge-offs usually have one of the most severe effects.

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If you’re like many entrepreneurs, you probably don’t enjoy day-to-day tasks like accounting and bookkeeping. Still, understanding these functions is critical to maintaining a healthy business and can’t be ignored — especially if you have...

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In 2017, more than 10,000 restaurants closed, leaving these small business owners with disappointment and uncertainty about the future . While it’s unclear how many restaurants fail in the first year (outlets have reports varying...

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The average business spends $200 per person per year on office supplies. Depending on your business's size, that can add up quickly. Saving money on office supplies can help your bottom line and might be useful...

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As a small business owner, access to credit can be critical. Whether you need capital to take advantage of a unique growth opportunity or bridge gaps in cash flow, you’ll need to prove that you...

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No matter the size of your business, it's no secret that having an ample amount cash flow is crucial to success. In a perfect world, invoices would be paid early, vendors would have a flexible...

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