Avoid These Three Common Cash Mistakes in Start-Ups

  • Posted by Ashley Panter
  • On September 13, 2016
Everyone can appreciate the value of cash. But, a new business start-up is usually the most sensitive when it comes to the power of cash. Here are three common mistakes that can lead to major stress for a new business venture.   ONE: Overspending in the Beginning Entrepreneurs often think their business ideas deserve the highest quality expenses […]
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Can I Export My Products …. and Where?

  • Posted by Ashley Panter
  • On May 5, 2016
American companies make excellent products; they really do. And many of these products are sold all over the world, but some never leave the country. There are several reasons things can or cannot be exported, including their price, overseas demand, technical competitiveness, and sometimes a company’s own willingness or reluctance to undertake the export process.
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Careful Pre-Planning Helps Complex Industrial Business Secure an SBA Loan

  • Posted by Ashley Panter
  • On May 4, 2016
Rod Meyer had worked in Minneapolis 25 years with the market-leading industrial x-ray imaging equipment company, rising to vice president of sales and leading a tenfold increase in capital sales, before the company was sold and narrowed its product line. “The new company decided to focus on standard x-ray imaging systems. This decision opened an […]
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To Debit or Not to Credit

  • Posted by Marketing Intern
  • On February 12, 2015
The accounting profession has experienced a complete transformation in the way financial statements are generated and communicated to users. The emergence of low cost accounting software packages has replaced ledger cards and column pads, while hand written journal entries and general ledger postings seem now to have been replaced by “save” and “ok” buttons. With […]
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The Day after Katrina…

  • Posted by Marketing Intern
  • On February 12, 2015
The catastrophic impact of Hurricane Katrina on the Gulf Coast raises serious questions about the readiness of small business owners in the event of a natural disaster. The biggest challenge that small business owners face in places such as New Orleans is the arduous task of recreating lost records. So how do you minimize the […]
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Steps to Effectively Using Financial Ratios

  • Posted by Marketing Intern
  • On February 9, 2015
Business owners are intently interested in how well their business is doing. The most likely way to determine the status of a business is by analyzing the financial data and that means crunching the numbers. How one “crunches” the numbers can lead to completely different conclusions about the performance of a company. The basics of […]
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Common Mistakes Made When Applying for a Business Loan

  • Posted by Marketing Intern
  • On February 9, 2015
Getting a small business loan can be quite a challenge. Even though there is no magical formula for obtaining capital from a lending source, there are a few things one may wish to avoid in order to improve the chances of getting that needed money to start, maintain, or grow a small business. Waiting Until the […]
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