Business lines of credit are a type of financing that gives you access to working capital 24/7. You can use them for virtually any business need, from small, one-time purchases to ongoing payments. To help you get started with this essential tool...

Are you a sole proprietor, a partner in a partnership, or part of a limited liability company (LLC)? If so, you need to carefully consider how you take money out of the business entity. If you are unsure of how to go...

Opening a franchise location can be an exciting opportunity for business owners. Of course, going from planning to opening day requires a lot of capital, so you’re probably going to need to apply for financing. What kind of franchise financing is right...

When you’re a small-business owner, you have enough expenses to take into consideration merely running the day-to-day without having to worry about how much your tax bill is going to be. Many people end up paying more than they should, simply because...

The decision to sell your business isn’t always an easy one. There are several key factors involved, including legal, human resources, intellectual property, and financial. Here are five considerations that you should take before selling your business. The Process Can Take a While It’s...

Your business credit report is as important as your personal report, and for many of the same reasons. It provides lenders with a snapshot of the health of your business, influencing how much they’ll lend you, your borrowing terms, and your interest...

When running a business, your time is as much of a commercial asset as equipment and office space. If you don’t manage it effectively, you can’t run your business successfully, wasting time and potentially losing money in the process. Fortunately, there's a...

Are you the current owner of a multifamily property? If so, and you are ready to sell, one of the first things to understand is that selling a multifamily home is much more challenging and complex than selling a single-family home. One...

Using commercial real estate financing wisely can provide many benefits for fix-and-flip businesses, real estate developers and companies that administer commercial properties. To maximize your profits, it pays to analyze which type of loan fits each project the best. Here are the...

As the owner of a business, you know that rewarding your employees helps to boost morale and improve performance. The thing is, however, that certain traits can look like good behavior when they’re actually not. Rewarding these behaviors can be detrimental to...