The pace of industry is moving faster than ever. As technologies and equipment continue to improve, business owners need to make the right decision as to whether they should purchase or lease the tools, technology, and equipment they use every day. While there are...
The rental housing market today isn’t what it was 30, 20, or even 10 years ago. Student loan costs and rising real estate costs are turning young people into lifetime renters instead of first-time home buyers. Millennials (18-29-year-olds) make up about a...
When we hear the term “refinancing” most of us think of home mortgages. However, refinancing is available to companies that want to improve their loans on commercial property as well. Refinancing is essentially replacing one loan with another. It may not sound ideal...
Managing your business’s cash flow is a crucial part of surviving a turnaround. The better cash flow the business has, the more maneuverable it is. Managers must include cash flow in each stage of the turnaround plan. Developing a turnaround plan early improves...
Purchasing an existing business or franchise can be an overwhelming process. This type of business venture is often time-consuming and complex, and you’ll want the right person helping you so you make all of the right decisions. First, you need to figure out how to...
There’s an old military saying that holds true in business: “No plan survives contact with the enemy.” Regardless of how carefully and well-thought-out your business plan, things can always go wrong. If we’ve learned anything from 2020 and the worldwide pandemic, it...
