Feb 28, 2017 | Business Financing
Building a solid budget for your business will help you determine how much money you have, how much you need to spend, and how much you need to bring in to keep your business growing. Establishing a formal budgeting process improves your chances of succeeding by...Read more
Feb 21, 2017 | Business Financing
Establishing and maintaining creditworthiness is essential to the success and financial health of your business. It could mean the difference between getting approved for funding or denied, what types of credit terms and interest rates you’ll pay, and whether an...Read more
Feb 16, 2017 | Business Financing
Negotiating is an essential business-building tool that can help small business owners save money, improve efficiency, and boost profits. Whether you negotiate prices with vendors, fees with clients, or lease terms with landlords, the objective is to ensure that you...Read more
Feb 14, 2017 | Business Financing
Working capital is the day-to-day driver of every small business. When you have enough cash on hand, you can hire more, produce more, take on more jobs, and pay less for supplies. Summit Financial Resources offers working capital loans for small to medium-sized...Read more
Feb 7, 2017 | Business Financing
Taxes are a challenge for many small business owners. Between the complicated regulations and juggling the responsibilities of running your business, it is easy to make mistakes with your tax return no matter how much experience you have. We’ve identified a few tax...Read more
Feb 2, 2017 | Business Financing
Groundhog Day brings with it the annual return of the famous rodent meteorologist, Punxsutawney Phil. It may also conjure memories of the 1993 movie of the same name, in which a character played by Bill Murray relives the exact same day again and again. Both of these...Read more
Jan 31, 2017 | Business Financing
The rapid expansion of the financial technology industry, or fintech industry, has brought countless innovations to the financial services industry. Nowhere is this more apparent to small business owners than in the explosive growth of online lending. Online business...Read more
Jan 24, 2017 | Business Financing
One of the biggest challenges of running a transportation company is managing cash flow. Your drivers need to be paid regularly and you have ongoing fuel and repair expenses. However, your customers may only pay their bills on a 30, 60, or 90-day schedule. If you’re...Read more
Jan 19, 2017 | Business Financing
Company culture is about creating a set of values that reflect who you are and what your business is trying to achieve in the market place. For companies large and small, it has become increasingly important that their culture be infused in everything they do, from...Read more
Jan 12, 2017 | Business Financing
Networking is an essential means of building the relationships and strategic partnerships that lead to long-term business success. Whether it’s through in-person meetings or via social media, networking is the tool most often cited by business owners for developing...Read more
