Key Takeaways: While bad credit can make it difficult to secure a business loan, it is still possible. It is important to understand how bad credit impacts loans and have a strong business plan to improve the chances of approval. Checking and improving credit...
When your business is small, any disruption to your supply chain can be a major problem. A broken machine at the factory can halt production, a truck driver who gets sick can prevent deliveries, and a supplier who goes out of business can leave you without the parts...
Few companies were ready for the challenges that 2020 would entail. But a pandemic? It was not what everyone had predicted as the year came to a close. The COVID-19 situation, on the other hand, has made a huge impact on the economy, causing several small business...
The business’s inventory management and inventory controls are critical measures in the business operations as the inventory of products is where the business derives its income from. But first we need to discuss the basic points about inventory to be able to...
With the advent of digital financial technology, people are now starting to embrace the fact that money can now be handled even without actually touching it. Digital payment systems were not really welcomed at first because of the risks of fraud and also due to...
According to recent studies in the global market, it is quite alarming to know that almost twenty percent of small businesses fail during the first two years of their operations. It is a sad and very hurtful truth about running a business that you have planned for so...
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