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“You should have read your contract” are words that a business owner only hears once they realize that the service they paid for, the asset they purchased, or the financing they secured isn’t quite what they though it was. It’s a sentence no one wants to hear, and in the case of capital advance providers like Wellen, a sentence no … Read More
Business Bank Statements: Why They Are Important For Capital Advance Approval
When you apply for a business capital advance, there are a few items you must provide in order to get approved. One of the most important is your business bank statements. This way, your capital advance company can better understand the viability of your business and how you manage your company’s finances. Viewing your revenue and expenses will also help … Read More
Three Great Options for Medical Practice Financing
If you’re a doctor on the lookout for business financing, it can be tricky to sort through all the noise. Just about every website pitches loans that promise they’re the one—the perfect fit for your medical practice. But, even after all those years of training in their field, most doctors don’t have a good sense of where to start on … Read More
Why Communication with your Funding Provider is Important
Good communication between two parties is always important, especially when dealing with sensitive topics—like money. It is important for both parties to be on the same page and in sync with each other to avoid any miscommunication. Business Owners that used to borrow from banks increasingly turn to alternative capital providers to fund their business dreams. These non-traditional providers allow … Read More
Five Expense Management Strategies to Help Manage Cash Flow.
Last week we discussed the first part of this equation, how to make money, or more specifically, how to bring in the money faster. Now let’s take a look at the other side of the equation – expenses, or more specifically, how to pull out money more slowly.
Four Strategies To Improve Incoming Cash Flow.
Cash. It’s the blood in your business’ veins. It’s what keeps your company going. You need to take in some money, and you need to put out some money in order to run a successful business. Now there are a lot of complicated explanations of cash flow management, but we’re going to simplify it for you: You need to take … Read More