Just a few percentage points from their all-time highs, the major stock indexes appear to be waiting for a catalyst to take them over the top. It could be a trade deal with China. The two sides appear to be ironing out the details of an enforcement mechanism for the agreement. It could be corporate earnings reports, which begin in earnest next week. The numbers won’t be strong, but if they beat lowered expectations, they may lift stock prices. A late-afternoon rally pared losses on the stock indexes today. The…
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5 Mistakes That Sabotage Your Company’s Bank Credit Score
Bank credit is the full amount of borrowing capacity that a business can get solely from the banking system. It is a subset of business credit. Business credit represents the full and complete amount of money which a business can get from creditors of all sorts. That means the banking system, but it also means credit card companies, credit unions, suppliers (under what’s called trade credit or vendor credit or trade lines), and leasing companies. Here is a brief explanation of how this is all intertwined, and what you can do to…
Read MoreHow Can Technology Help Small Businesses? Think: ‘Cash Flow.’
You don’t have to be a meteorologist to know that at some point bad weather will hit your startup. As with most things in life, preparation is essential, and entrepreneurship is no different. Kabbage recently polled 500 successful entrepreneurs across various industries, from restaurant owners to professional services, about one of the biggest obstacles that looms for all businesses — cash flow. At the heartbeat of any business, the availability of back-up funds can mean the difference between your being able to expand your inventory and your staff and invest in initiatives to grow your company…
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