This article is written by Heather Castle and originally appeared on NerdWallet and is shared with with permission. By Heather Castle, CFP Learn more about Heather on NerdWallet’s Ask an Advisor Many people understand the importance of their personal credit score. Most lenders use them to determine who will receive financing opportunities — such as auto…
This article is written by Benjamin Pimentel and originally appeared on NerdWallet and is shared with with permission. Len Rogers’ business, the Electric Bicycle Super Store, was growing fast — so fast that he decided to move into a much bigger space. It seemed like a necessary step in expanding his operations, but he didn’t realize that…
This article originally appeared on NerdWallet and is shared with with permission. By Heather Castle, CFP Learn more about Heather on NerdWallet’s Ask an Advisor As entrepreneurs, many small-business owners are comfortable taking risks. But their business is often their biggest asset, as well as the largest source of their household’s income, which means it’s especially important…
This article is written by Dmitriy Fomichenko and originally appeared on NerdWallet and is shared with with permission. Learn more about Dmitriy on NerdWallet’s Ask An Advisor Entrepreneurs have to wear many hats. One of their key responsibilities is to understand and properly manage their business’s finances. But they must also be careful with how they…
This article originally appeared on NerdWallet and is shared with with permission. It’s already late August — are you on track to reach the 2016 goals you set for your business at the beginning of the year? If you are among the uncertain, don’t despair. It’s not too late to take corrective action, but first you…
This article originally appeared on NerdWallet and is shared with with permission. Some businesses see steady sales throughout the year, while others see their revenue concentrated into seasonal segments — think tax preparation offices or ski lodges. These businesses have particular challenges when it comes to managing cash flow, since expenses have to be paid throughout…
This article originally appeared on NerdWallet and is shared with with permission. Businesses face many hurdles, especially when just getting started, and cash flow is near the top of the list. Even for profitable companies, it can be a challenge to make sure that more money is coming in every month than is going…
Karla De Leon is Main Street Launch’s Lead Business Advisor. She offers tips and advice to entrepreneurs to help them start and grow their small businesses. This tip is about how lending circles can support a small business owner who wants to establish or improve credit. As a business owner, making sure you are…
