Category: <span>Business</span>

Franchising? Check your Rights and Obligations under the Franchising Laws
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Franchising? Check your Rights and Obligations under the Franchising Laws

Are you excited to buy a franchise? The Franchising Code of Conduct has some reminders for you. Read the Franchising Code policies on the following: cooling-off period disclosure requirements dispute resolution mechanism good faith obligation procedures for ending a franchise agreement Whenever there’s a breach, the Australian Competition and Consumer Commission will surely intervene to...

3 Good Strategies to Save a Failing Business
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3 Good Strategies to Save a Failing Business

Don’t worry about the grim survival rates of small businesses. There are always ways to turn things around no matter how hopeless it may seem. The worst thing you can go is to give up when all it needs is a good strategy to keep your business afloat. Focus on your vision The dismal realities...

How Entrepreneurs with Bad Personal Credit Obtain Business Loans
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How Entrepreneurs with Bad Personal Credit Obtain Business Loans

You don’t need to have a good credit score to obtain a business loan. Nowadays, there are many ways to meet your financing needs with a bad credit. But, how can you be sure that the loan product is suited to your needs? Wouldn’t the terms of the loan drag you deeper into debt? While...

Smart Strategies to Leverage Small Business Loans for Optimum Growth
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Smart Strategies to Leverage Small Business Loans for Optimum Growth

There is no doubt that small business loans could augment a company’s financial capabilities. But, what you do with the additional capital determines your success. Here are a few strategies to help you develop the right financial capabilities of your small business. Plan carefully Whether you’re a one-man team, or one who has employees working...

Can You Still Get a Business Loan With Bad Credit?
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Can You Still Get a Business Loan With Bad Credit?

Small businesses let alone have a hard time applying for loans what more for owners with bad credit? Fortunately, there are ways to go around this. Here are some tips on getting a business loan even with bad credit. Business Plan There are times lenders allow borrowers to get a loan even without collateral or...

What’s Left to Do If You Can’t Get a Small Business Loan
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What’s Left to Do If You Can’t Get a Small Business Loan

Access to small business loan doesn’t come easy usually. For many small businesses, it’s a tricky game. Most banks don’t lend to small businesses so it’s a matter of either convincing them or finding alternative sources of financing. We take you to some options worth trying. Alternative Sources Some choices you have include crowdfunding, microloans...

Small Business Financial Management 101: Know the Basics
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Small Business Financial Management 101: Know the Basics

Are your running your own small business? In Australian, there are millions of owners running some kind of trade or startup venture. However, the exit rate in the country is also high, meaning many businesses are also failing. What could be the problem? Most, will tell you it has something to do or related to...

Selling Property Used for Business Loan Security
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Selling Property Used for Business Loan Security

As discussed previously in many of our posts, you will usually need a security to provide to your lender before they grant you business loan. Security often comes in the form of an asset – property. However, like everything in life, businesses also encounter unexpected turns. At one point, you might be faced with the dilemma...