Archive for June 2013
Balance sheet – How can I improve my company’s financial condition?
There are only three ways to improve your financial condition. The first is to take money out of your personal savings and deposit it into your business account. If you are asking this question, you’ve probably already done that several times. The second way is to take money from a new business partner including friends,…
Read MoreBusiness Basics – Why do so many small businesses fail?
Business Basics – why small businesses fail Early stage companies often fail, not because they don’t have a good product or service, but because they are undercapitalized. The entrepreneur miscalculates the amount of time it will take for the product/services to catch on, or the amount of capital it will take to finance the equipment…
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