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The Importance of Accurate Projections

The Importance of Accurate Projections

The number one mistake that entrepreneurs make when preparing their financial projections is that they overestimate their earning potential and they underestimate their expenses.  This error is a leading reason why businesses fail.  When starting your business, you do so with great excitement and anticipation.  Friends and family have likely been encouraging you and you ... Read More
 
Why Lender’s Want (Need) A Business Plan:

Why Lender’s Want (Need) A Business Plan:

So, you are interested in starting a business.  In your head, you have all these ideas dancing around.  You can see your customer, looking outside your shop’s window you see the neighborhood, the shelves of your quaint little store are stocked with the perfect products.  To you, it’s real. The vision is complete; you are ... Read More
 
A Line of Credit is a Lifeline For Your Business

A Line of Credit is a Lifeline For Your Business

As a business owner it is likely that, at one time or another, you were hit with an unexpected expense or you missed an opportunity due to lack of available funds.  The unexpected is inevitable and it can be crippling but with some forward thinking, one can better position the business to handle the unexpected.  ... Read More
 
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