Small Business

Small steps today. Big success tomorrow.

The key to achieving our goals lies in the small steps we make each day. The amounts of steps we will have to take in order to achieve our goal will depend in the magnitude of our goal. The problem is that sometimes our dreams and goals are so big that is easy to get overwhelmed with all the things we have to do in order to achieve them, and it is in that moment when we give up.

If most people fail to achieve their goals is not because life is unfair and only benefits a few, but they fail because they have refused to take the necessary steps in order to reach their goals. The difference between those who are successful and those who are not is not luck but commitment.

Starting Your Business

As I explained above, banks do lend money to startups. One exception to the rule is that the federal Small Business Administration (SBA) has programs that guarantee some portion of startup costs for new businesses so banks can lend them money with the government, reducing the banks' risk.

Controlling Cash Flow

Accountants sometimes manipulate cash flow to make it appear higher than it otherwise should. ... A better cash flow can result in higher ratings and lower interest rates. Companies often finance their operations by raising equity capital or through debt, and it is extremely useful to be able to present a healthy company.

Increasing Profitability

There are four key areas that can help drive profitability. These are reducing costs, increasing turnover, increasing productivity, and increasing efficiency. You can also expand into new market sectors, or develop new products or services.

Growing Your Business

Business Growth is a stage where the business reaches the point for expansion and seeks additional options to generate more profit. Business growth is a function of the business lifecycle, industry growth trends, and the owners desire for equity value creation.