Do This to Prepare your Business for Potential Impact of Tariffs Trump tariffs are now in effect, and global stock markets are plunging, causing ripples in most industries. American Inflation-weary investors are now uncertain, and supply chain disruptions are glaring. The clock is ticking, and some business owners are uncertain about the...
Latest Trump Tariffs Updates April 7th, 2025- Trump threatens an additional 50% tariff on Chinese imports after the Chinese government placed a retaliatory 34% on U.S. imports. On April 8th, 2025, the Chinese commerce ministry vowed to "fight to the end" by implementing legal measures to counter the U.S....
SBA loans are a great way to expand, finance your business, or fund major expenses without affecting your cash flow. But, when borrowers fail to meet their payment obligations, it can affect their borrowing reputation. This is the worst nightmare for any business owner. Recently, loan defaults have risen due to economic uncertainties and high interest rates....
SBA loan defaults have skyrocketed in the recent past. What seemed like a promising program with a blend of low interests now faces increasing delinquencies, high charge-offs and loan defaults. Last year, the agency announced they will approve small-dollar loans in the next 7 years. This move was criticized by republican lawmakers who claimed that...
As a business owner, you know how important it is to have the right equipment for the job. And when new opportunities to expand come your way, the demand for new equipment arises. Securing new equipment may be costly for the business, and as a business owner, you...
Business expansion is a wish come true for every business owner. While it requires commitment and the right strategies, it's a blissful feeling seeing your business grow beyond leaps and bounds. And that’s what this one business in New York managed to achieve in 2024. When ABC Manufacturing Company realized some of their new customers...
In today’s business world, you will need cash to meet your business needs. At times the revenue generated may not be enough to cater for your business needs. Knowing which kind of financing you can secure for your business can help you run your business without cashflow problems. And today, we...
It is no secret that cash advances come in handy during temporary cash flow cripples. However, some businesses may get turned down by lenders for failure to meet their lending threshold. But what if I told you can get it right the first time and increase your...
If you are a business owner and incur seasonal cashflow fluctuations you know how this can throw your business into a financial crisis and halt your business activities. Worse still, you still struggle to meet even the simple daily cash needs. If this sounds familiar, this article is for you. But before we...
Running a business has its highs and lows, but without cash flow, it's like driving a car without fuel. And if you are a business owner with challenges managing your cash flow even in economic uncertainties, well, you are not alone. Most businesses do encounter challenges when balancing their financial books. But...
