If you are looking to pay off your business loan early, then you will have to consider a number of consequences. From taxes to cash flow, paying off your business loan can affect your business in unexpected ways. Here’s what you should expect when you pay down that loan. Tax Bracket As you probably already…
When a company or business offers its customers credit, it’s basically trying to encourage clients to spend more money. However, offering credit to your customers must have careful consideration prior to moving forward. In fact, offering credit can be one of the biggest risks any business can take. You need to know how it will…
Starting a business can be tough, but turning around a company that’s in a downward spiral is even harder. What goes on behind the scenes is sometimes more important than what’s happening center stage. However, improvement takes research and planning. Getting Papers in Order One of the easiest, yet most overlooked, things you can do…
PHOTOS COURTESY OF THE INDIVIDUAL MEMBERS. On January 1, everyone seems to have an idea of how they want their new year to look, from healthier habits to learning new skills. But we’ve all made New Year’s resolutions that we’ve quickly broken. When you slip back into your usual routine after that fresh “new year”…
PHOTOS COURTESY OF THE INDIVIDUAL MEMBERS. Like anything else, the best sales tactics are bound to change over time. What worked yesterday doesn’t necessarily work today, and the present “best practices” may be ineffective a year or two from now. Salespeople must continually keep up with the changing trends and learn how to adapt to…
Sometimes it feels like everyone is talking about leadership. The myriad perspectives seem to confuse the topic. Reasons to get into the field of leadership are plentiful, but to me, none is greater than the desire to serve and be part of something larger than the mere existence brought about by daily routines in the…
Borrowing money to start or expand a business is a good way to grow your income, but it can be hard on your credit rating. Borrowing smart can protect your credit rating. Working to keep your interest rate low will reduce your payments and help you keep more of your money in your pocket. Here…