When you boil it down, running a business is a numbers game. That’s why understanding business finance and staying up to date on the latest happenings in the world of finance is so vital. You’ll find blog posts on those things, and more, in this section.
64% of Americans entered 2021 carrying debt. If that’s you, that debt can often feel like a 2-ton boulder strapped to your back. Thankfully, no matter how much debt you have or how bad your credit score is, you can always build it back up. In this blog post, we’ll show you a number of […]
Businesses are founded on different core principles and ideas, but at the end of the day, it’s a numbers game. The success of your small business hinges on what you charge. If you charge too much, people won’t buy what you’re selling and if you price yourself too low, you won’t turn a profit. This […]
Technology has disrupted just about every industry imaginable, but maybe none more so than the finance industry. From the introduction of Bitcoin to fully virtual/non-traditional banks—people are rethinking the way they handle, spend, and invest their money. And in doing so, they are giving long-standing financial institutions a run for their money. But the finance […]
LLCs are a popular way to structure your business and protect yourself from personal liability. But many entrepreneurs are confused about how to pay themselves and earn a living, while also running a business. It is important for business owners to understand that there is not just one way to pay yourself. There are actually […]
In order for your business to be profitable, it is important to know what your break-even point is. A break-even point is the point at which the company’s sales exactly cover its expenses. When your company hits its break-even point, the company sells enough of its products or services to cover its expenses without making […]