Your current business model is the way your business earns money. A change in your business model can bring substantially more income—sometimes for less work and lower overhead costs.
All in Accounting
Your current business model is the way your business earns money. A change in your business model can bring substantially more income—sometimes for less work and lower overhead costs.
Before you jump into researching the different sources of capital that are available, first consider the alternatives. It could be that, depending on what your growth goals are, you do not actually need extra capital, you just need to be thinking a bit more creatively.
At some point in the life of your business, you’ll likely need to borrow capital.
That’s why it’s important to build and maintain a solid credit score now – so when the time comes to apply for the financing you’ll be able to prove to a lender you’re a good risk.
Here are some simple steps you can take today to raise your credit score.