Senior Businesss Consultant
William Anderson has been working with small business owners for the past 10 years. He got his start at an investment bank, but felt that he was too detached from where real people were making decisions that affected local economies. As a result, he took his experience and his MBA degree to work helping local small businesses. William specializes in finding the perfect credit product to fit a business’s needs, without overstretching the business or creating new debt problems down the road.
In addition to his experience with helping small businesses find the credit that they need, William also helps several of his clients manage their business finances and structure them in such a way so as to ensure the business has the most liquid cash on hand as possible.
He emphasizes on continuous business growth and expansion through smart business decisions. His articles have helped hundreds of business owners in getting the funding they need through a business line of credit.
William’s Blog Posts
Any business owner can tell you that running a business requires credit. However, to get the best deals on business credit and loan offers, your business needs to have an excellent credit score.
Running a business requires a constant and regular flow of cash to finance many of its core activities. While it is ideal that all the cash that the business needs is derived from sales of its products or services, that is not always the case.
Business owners need additional funding for a variety of reasons. It may be for store expansion, purchase of equipment, hiring of additional personnel, and many others. That is why most businesses have several options to raise funds.
If you’re starting a new business, or you already own one, having enough working capital is vital to the success of your company. If you don’t have the working capital you need to satisfy your debts and pay for operational costs, your business will cease to exist. But sometimes it’s hard to get the working capital you need to keep things going — this is when loans can be most useful.
Starting a new business is a considerable process – there are tons of issues you have to resolve before you can start operating. One of the hardest parts about opening a new business is obtaining the right licenses.
If you’re a business owner, there will most likely come a time that you end up applying for finance. Financing allows businesses to invest in their future – it provides upfront capital to cover costs for necessary items or services.
If you’re thinking of starting up an organization, you’re probably wondering what way to structure it. Starting a nonprofit is a great way to start an organization that makes a difference. Instead of registering as a normal business, registering as a nonprofit allows you to enjoy a multitude of benefits that can help you focus more resources on the cause at hand.
If you’re sick of your current job, or you’re looking to make some cash on the side, it might be the right time to open your own business. Opening a business is one of the best ways to start a journey to financial freedom – but this doesn’t mean that it will be easy.
Online businesses are opening across the country as more people use the internet to shop for products and purchase services. Creating an online business is now an effective way to scale a company in a short amount of time.
If you’re thinking of starting a small business, financing your venture is probably at the top of your concerns. It’s pretty much impossible to start a company without having the right amount of capital – obtaining cash to start a business is often the hardest part about entering any new entrepreneurial journey.
If you operate a startup, it can be hard to find the funding you need to get things off the ground. Lenders tend to avoid startups, as they don’t want to be overexposed to risky borrowers. Many startups end before they turn a profit, so lending to a startup company is one of the riskiest forms of finance for lenders.
Unsecured business loans have a number of advantages over secured loans. You will not have to use your inventory, home or equipment as collateral. This means that if you are unable to pay the loan, then you will still be able to keep your assets.
Businesses end up with unexpected expenses that cannot be ignored. Of course, commonly expected expenses cannot be brushed off either. With little cash flow or other fiscal problems, paying bills or covering other costs might seem extremely difficult to do.
View Posts google-plusfacebookinstagramHaving a line of credit for your small business can be advantageous in so many ways, allowing your new company to thrive and grow. Unfortunately, obtaining a line of credit can often be difficult, especially for business owners...
Small businesses do need access to cash. Without liquid capital, a small business would have an extremely difficult time properly running day-to-day operations. Cash flow and other revenue streams can and do assist greatly with liquidity.