My Business Is Growing. Why Am I Making Less Money?

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Your business is growing, sales are increasing, and you’re working harder than ever. So why are you making less money? Learn how underpricing, rising expenses, and business debt can drain your profits—and what you can do to turn things around.

Should I Personally Guarantee a Business Loan?

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You formed an LLC or corporation partly to separate your business finances from your personal finances. Then the bank hands you a loan agreement and asks you to sign a personal guarantee. It can seem routine. The lender may even describe it that way: “We require this from every small business owner.” But a personal … Continued

My Business Is Profitable. Why Is There Never Any Cash?

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Your accountant says the business is profitable, but your bank account tells a different story. Where did the money go? Learn how receivables, inventory, equipment purchases, loan repayments, taxes, owner withdrawals and growth can leave a profitable business short on cash—and what to review before simply chasing more sales.