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What would you do if your dermatology practice needed a revitalization due to the decline in patients? What if you wanted to expand your clinic but couldn’t afford to open a new one? What if you wanted to purchase an expensive piece of equipment that had been out of stock for months? It seems like…

Cash loans have always been available for small businesses. You can simply borrow money from a bank or other financial institution to help you out of a jam. These loans usually come with strings attached, such as interest rates and repayment requirements that are too demanding for your business to meet. But you can still…

Loans are one of the most common financing methods for people looking to start a business or grow their current business. They tend to be attractive because they come with a variety of benefits and offer some relief from difficult financial situations. However, what typically makes lending institutions require collateral is that it provides an…

Owner’s equity is the market value of a business’s net worth. It is the variation between the amount employed in a company’s assets and the entire value of the company ’s creditors. It is your responsibility as a business owner to understand how much capital you have in the organization. Owner’s equity is a fundamental…

One of the most critical business metrics is the gross margin, which is defined as the amount of money that a company can make on the sale of an individual product. In other words, it is the total revenue generated by a company minus its cost of goods sold. On the other hand, the profit…

Trucking business loans can be hard to come by if you have bad credit. In this article, we will discuss the various ways you can get trucking business loans even with bad credit. If you need help in starting a trucking business, or if you’re already established and just need financing, these tips show you…

A business plan is a document that outlines your company’s goals, targets, market analysis, and estimated revenue and expenses, which will help you decide if your business idea is viable. It’s a crucial part of starting any new company. The trucking business needs plenty of factors to be considered before finally laying a business plan….

Construction accounting software is an essential tool for any construction company, and it plays a massive role in helping you run your business efficiently. Whether you’re a general contractor or subcontractor, there are many ways that construction accounting software can help you streamline your business. However, construction accounting is not an easy job. Often, it…

Inventory is a vital element of any business. When it comes to small businesses, it can be even more important than in larger businesses. This is because inventory control is an essential part of ensuring that your products will sell and that you will have enough on hand when they do. Inventories are considered “insurance”…

The transportation industry is challenging for small businesses to break into. With the cost of equipment, gas, and maintenance skyrocketing, it can take years for a fledgling business to make a profit. However, if you’re in the trucking industry, it’s practically impossible to avoid budgeting. Understanding the cost of starting up, managing your day-to-day operations,…