Quick List: Why Plan and Budget?

When you have a small business many times you just what you have to do on a daily basis and putting a bunch of time into planning and budgeting seems crazy since you are “management” and “the board” in most cases. Even so I believe having an annual plan and budget is valuable for many reasons. Here are my ideas:

Obtaining Credit for Your Business

As we know, there are many reasons for the credit environment we find ourselves in today.  Regardless of the “whys”, we are now in a new era of lending, and banks have changed much about how they conduct business.  Understanding what the banks are now looking for in the credit underwriting process is critical as [...]