One of the facts of businesses is it requires some form of financing. This applies to startups and even newly acquired businesses as well.
Just to make it clear, I want to make a distinction between a startup and a newly acquired business. The former is where you have a grand idea or plan and you want to create a business that will put those ideas into reality.
It is common knowledge now that if you want to you have your own business, you must first have the capital for that.
Your capital will be the money that you need to have your venture up and running. But of course, you have to have a lot of money for your business to start and it might be hard for you to get it right…
You may have saved some money and you’re thinking of growing your own business. Owning a small business is great because it is a way to generate an income passively. In other words, you get some money while your machinery is…Continue
We’ve all been taught to save for a rainy day. Don’t be the grasshopper, our parents have said. Or at least something to that effect. Unfortunately, only a few of us listen. And most of us end up scrambling for money when something unexpected comes. Where’s an emergency fund when you need it?
What is an emergency fund?…Continue