Finance - NCH - Page 7

Finance November 29, 2016

Saving for Economic Downturns

While the economy may be improving, every business should still play it safe and prepare for the next economic downturn. An economic downturn suggests that the rate of economic growth is slowing down and possibly entering into recession. Before an economic downturn happens, you can do a few things to manage your business funds so […]

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Finance September 9, 2016

Understanding the Numbers

The most important part of your business are the numbers. Numbers don’t lie and numbers tell you everything you need to know about managing business finances to make smart decisions. As you project your revenue, be conservative with the pricing of your products or services. Don’t be caught off guard expecting higher revenue than what […]

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Finance December 29, 2015

How to Lower Overhead Costs

Here are 11 ways you can lower overhead costs Turn off the lights. It might seem like a silly solution, but turning off the lights in rooms that you are not using in your office can lower overhead costs by saving you money on your energy bill. Buy used furniture. You can find perfectly good office furniture […]

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Finance July 1, 2015

Creating a Pricing Strategy

Choosing a pricing strategy for your product or service can be intimidating because your business success is riding on it. To help you decide on the best pricing strategy for your business, here is a list of three factors to consider when determining the price of your product or service. 1. Competition When it comes […]

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Business Funding Tips June 16, 2015

Understanding Home Equity Loans

A home equity loan is a loan backed by the value of the equity in your home. If your home is paid for, it can be used to generate funds from the entire value of your home. If your home has an existing mortgage, it can provide funds on the difference between the value […]

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