All posts by: IRC Commercial Lending
Sometimes business mergers are discussed skeptically, with company leaders worried that mergers only happen when a company is failing. That’s not necessarily true. Mergers typically occur to strengthen business, whether it is to combine forces or for one company to...
Business partnerships should not be entered into lightly, and in truth, you should really only seek a business partner when you’re convinced that such a partnership is essential for the success of your company. Some situations like this would be...
Going through a cash flow crunch need not be the end of your business. Consider business lines of credit to see you through the slow season. A bit like a credit card for an individual, an unsecured line of credit...
The Small Business Administration understands how difficult it is for small businesses to obtain financing under competitive terms. Although the SBA doesn’t actually offer small business loans, it does have loan programs that level the playing field. The SBA backs...
As a business owner, you simply cannot expect to do it all. Many of the jobs your company requires will either need to be performed by employees or outsourced workers. One of the top reasons that outsourcing works well for...
When you’re a small business owner, it can seem like making progress is hard. Complications arise and there are a thousand things to do. How can you find the motivation to do it all? Well, it all starts with mindset....
A business credit score can help or hurt your small business, depending on how high or low it is, and what’s contained in your business credit history report. Whenever you need to apply for business financing, it’s a virtual certainty...
Statistics tell us that very few companies can maintain steady business growth from their startup origins all the way through to becoming a big, stable business. This is more a testament to how difficult it is to achieve that kind...
Maintaining healthy cash flow is essential to any business. However, sometimes delayed payments from clients and other problems make it difficult to compensate employees, obtain needed equipment and supplies, and settle with vendors. Profits are pointless without effective management of...
What’s even more important than acquiring new customers? Taking care of the customers you have! A loyal, happy customer is gold for any business: they’ll provide recurring business as well as free word-of-mouth marketing. Use these nine customer service tips...