If you are looking to grow your business (and which business owner isn’t?), it’s important to look into your financing options. Needless to say, you’ll need a decent budget to start the process of your company’s expansion. Do you wish…
According to Merriam-Webster, “collateral” is defined as “property (such as securities) pledged by a borrower to protect the interests of the lender”. Do you own a home, a company vehicle, equipment or inventory? As a business owner, these examples of…
What can your company do to maintain a good cash flow? We answered this question in our last blog. It suggested sending out your invoices immediately, asking your customers to pay early and carefully managing your inventory. But, we were…
In simple terms, a company’s cash flow refers to the amount of money it moves in and out. Is your company making more money than it is spending? If so, you are maintaining a good cash flow. Naturally, having even…
The Synergy Merchants Blog has often suggested forming a new partnership as an advertising method. When you partner up with another business owner from a different industry, you afford your brand the opportunity to get advertising in exchange for doing…