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Many small businesses reach a point where they would benefit from some extra capital to get them through growing pains more effectively, from staffing and HR hurdles to inventory and cash flow limitations. Deciding which option is the smartest financial move for you can be challenging and requires careful consideration. Should you borrow money that you must pay back with interest? Should you look to secure funding from small business investors via equity financing that will, at least temporarily, have a small stake in your company? Choosing Between Debt Financing and Small Business Investors Let’s take a quick look at the main differences between debt and equity financing. Debt financing can be a simple arrangement where you can quickly receive the money you need, and you will be responsible for paying the principal of the loan with interest by an agreed upon date. Whether your business fails or succeeds, you…

Increasingly, people are becoming tired of the monogamous 9-5 lifestyle. This is encouraging more people than ever to start up their own businesses and take it on the road. Becoming a digital nomad means working from anywhere, often with only your laptop at hand. Perhaps you have been building up your company at home for a while. And finally, feel confident enough to take it on the road. With cheap air travel, accessibility to good internet and lightweight laptops. It is easier than ever to make your dream a reality. It is also possible to leave people working in your office while you travel. One way to make this easier is to use a staffing agency to recruit. Business on the road Important Factors If you’re ready to take your business to the next level, building a strong foundation will help your business take off. Here are the tips to help…

With many things in life, it is possible to get more done simply by working with others. The saying ‘many hands make light work’ is very true. This is the case in many areas of our lives. That includes situations in which we need to seek redress through the courts. With this in mind, today, we thought we would share a bit more information on class action lawsuits. Below, we pose some of the questions people have and provide you with brief answers. What are Class Actions? Class actions are when a group of people comes together to sue a company, organization or individual. They can only do this, as a group, if they have all had a similar issue with the same third party. How expensive are class actions? One of the attractions of class actions is the fact that the legal fees are split amongst so many people.…

A hot real estate market can require you to secure your new home before your old one closes. For many homeowners in this situation, the down payment of their dream home is often more than the cash they have on hand. For these unique situations, private lenders California offer bridge loans. Explore the pros and cons of bridge loans and find out if you should use one for your current real estate situation. The Purpose of a Bridge Loan Many homes in California require a significant down payment. The hottest real estate goes fast, so as a buyer you can’t always wait until your current home closes before closing on your new home. Access the cash you need for a quick closing to beat out the competition and seize the real estate of your dreams. A bridge loan is backed by your current real estate. It comes with a few…

Penny stocks have undeniable perks that are often enticing to new investors. Even so, experienced traders who have a higher risk tolerance will, from time to time, turn to these inexpensive shares to make quick bucks. Any company share being sold at $5 or less can be termed as a penny stock. There are several sure tips for choosing the best penny stocks. Image by Flickr Penny Stocks Benefits and Risks If you want to dive into the penny stock markets, it is best to understand the benefits and risks you face. Penny stocks, as the name implies, are shares that go for pennies. This allows investors with limited finances to buy into companies and sell their shares in the future for substantial profits. The penny stock markets are highly unstable. This increases the chances of making either profits or losses. Fortunately, buying the best stocks reduces the investment risk…

Your business plan alone is not enough to boost up its productivity and growth; it is the workplace or office environment that creates a real difference. Your workplace or your business office is not just a structure of bricks and wood. It is actually a place with which the future of your whole family and that of many others link. The more you keep the environment conducive over there, the more you enhance the productivity and growth of your business. The company’s location, its culture, facilities provided, the interaction between the employers and the employees and the growth opportunities for the employees all contribute to building up a peaceful and encouraging work environment. We have worked out here a few most effective characteristics of a supportive work environment for you to implement at your workplace or office. 1. Necessary tools and equipment for better productivity Latest tools and effective electronic…

Running what recently became a large business usually comes with a great sense of optimism. Sales are increasing, customers are becoming regulars, people are talking about your brand, and numbers are going through the roof. You worked hard to get this far, and there’s plenty of excitement to be had about what lies ahead. However, such rapid progress can also leave you feeling overwhelmed. There’s a lot to consider, and missing an important detail can prove devastating. But this is no time to stress. With a bit of strategic planning and careful preparation, you can enjoy a seamless transition from medium to large business owners. Here’s what to consider. 1. Physical Location You may now be at a point where you’ve outgrown your current premises. If expansion isn’t an option, then moving is the next step. If you’re leasing, you may need to negotiate with your landlord about the costs…