The Pros and Cons of taking a business loan. In last month’s Business Loan Basics I defined loans and the various components of a loan. Today’s article is Part 2 – taking a look at and considering the pros and cons of taking out a business loan. Why would you...
When we think of the term “loan” we usually think of the definition “When we lend or borrow money.” This business loan basics series will discuss business loans, how they work, and their pros and cons. What is A Loan? The official definition of a loan is the lending...
There are many elements or aspects that make up a business – including accounting. For a business to be successful all these elements must be efficient and work in harmony. Part of the many aspects for a successful business, to name a few, include: Having a...
