What Is Working Capital?

Even the most successful businesses struggle to keep up with daily operational costs while seeking sustainability and growth, both of which require working capital. Working capital is essential to successfully evolve and maintain a business. Owners need enough working capital to account for emergencies, cash outflows, and opportunities when they arise. Whether it’s expansion, seasonal

Which Small Business Stage Are You In?

Understanding where you are in the development of your small business can help you plan ahead when securing much needed funds to achieve success. The Harvard Business Review has labeled the 5 stages of small business growth to outline common patterns that exist in the lifecycle of American Small businesses. Existence The first stage in small business