Female small business owners seeking contracts with corporate or government clients face a lot of competition. One way to get an edge is to get your company certified as a woman-owned business. Read what certification can do for your small business.
Startup businesses that took on debt are more likely to succeed (as long as they use business debt as opposed to taking on personal debt). They’re also more likely to achieve higher revenues. On the flip side, the study found, taking on personal debt to start a business is something to be cautious of.
Let’s take a look at 4 top situations when your personal and business finances should be handled differently.
There are many different sources of funding available these days; for established business owners with solid credit, a term loan is often one of the best options. Whatever your reason for needing working capital, long-term financing is likely a good solution.