Avoid These Three Common Cash Mistakes in Start-Ups
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 […]
Strong Financials Realize Vision for Clarkston Educational Center Owner
Alex Cesar knew from an early age that she’d run a school. Inspired by her grandmother, a principal, Alex would sometimes join her in the classroom. She eventually taught special education in the public schools, but felt stuck in the system. “I always had a vision of running a child-care center that would emphasize learning, […]
Can I Export My Products …. and Where?
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.
Careful Pre-Planning Helps Complex Industrial Business Secure an SBA Loan
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 […]
Market Research Eases Expansion for Midtown Atlanta Industrial Firm
Dhiren Patel is a seasoned business owner. An electrical engineer who started his career in the innovative AT&T Bell Labs, his first solo venture was AmTech Electronics India Limited, which he launched in India in 1991. When he decided to expand into the U.S. market, he and his family moved to Atlanta and opened an […]
Consulting Leads Pooler Importer to Focus on Core Business, International Growth
Natural stone importer Humberto Padoan of Brazil had worked in the industry a dozen years – six after a transfer to Norcross – when he decided to open his own company. “The U.S. gives you a lot of opportunity to go into business for yourself,” he says. “I had the experience and desire, and the […]
When the Business Check Engine Light Comes On…
Most new start-up business owners generally face difficult challenges during their first five years in business. Research indicates that a majority of these business owners start their business without a well-defined business plan, inadequate working capital, and also a lack of managerial experience. Today, most small business owners are finding out the hard way that […]
Taking Advantage of Today’s Interest Rates
Is now the time to refinance business debt? Is now the time to get a new loan for your business? In today’s low interest rate environment, many business owners are tempted to try to refinance existing debt or obtain a new loan to take advantage of historically low interest rates. Some owners are seriously looking […]