Did you know that the average small business loan in America amounts to $663,000? Starting a new business is never an easy task. Since a large portion of small businesses fail within the first few years of opening, developing a strong financial plan is essential for your long-term success. What
Tag: business
Receipt vs Invoice: The Differences, Explained
Did you know that it takes around two to three years for a business to break even? At the beginning of your business, recouping your investment is one of the most important parts of building a company. If you have customers for your business, you need to get paid in
What Are the Common Tax Deductions for Small Businesses?
For many people, it feels like 2021 only arrived last week! The year has flown by, and before long, we’ll arrive at tax season. In the coming months, people will start to focus more on saving on taxes. The same holds for businesses. If you run a small business, you’ll
6 Start-Up Tips for Success in the Construction Business
There are well over 3.5 million construction businesses in the U.S. right now. After hearing that, you might be thinking, “There is no way that I can get a successful construction business off the ground!” But the truth is that there is always room for one more construction business in this
A Short Guide For Your Health Business
Basic Considerations For Long-Term Success If the foundation under the property you build isn’t solid, then over time the building will “settle”. It will develop cracks, and fixing the issue becomes impossible without very expensive measures. If you build the house from a firm foundation initially, such problems evaporate. It’s