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22 search results for: profit margin

16

Best Business Loans for Startups

There are many ways to describe what it’s like to start a business: exciting, ambitious, and passionate, to name a few. Almost every small business owner would agree, however, that there’s one word they would never use – easy. For all types of businesses, one of the most difficult challenges for any new small business […]

17

Why a Line of Credit Makes Sense for the Trucking Industry

The trucking industry is the lynchpin of the U.S. economy. Without truckers, overland eCommerce wouldn’t exist. Fleets of trucks are en transit, collecting payloads, and gassing up by the millions as you read this sentence. Despite the massive number of truckers on the road and logistics companies mapping routes, trucking is still a low-margin business, […]

18

How to Survive Negative Cash Flow

No matter how successful your small business is, you’re going to have periods in which sales may be down, customers may be slow to pay or orders aren’t getting fulfilled due to inventory problems, resulting in your monthly expenses being greater than your monthly revenue. These are just some of the scenarios that may lead […]

19

Life-Saving Measures for Small Businesses on the Brink of Closure

No matter what part of the country you’re in, you have small business-owning neighbors struggling to keep the lights on. With erratic reopening plans, caseloads that still won’t decline, and the need for social distancing until there’s a widely-available vaccine, countless businesses have been hit hard.  But what can be done?  Are there any life-saving […]