Over time, each Ohio business must make decisions that affect its profitability. For many, one of these decisions is whether to extend credit. There are a number of factors to consider when making this business planning decision. First of all, is extending credit...
Business Formation & Planning
Financing an important part of business planning
Throughout Ohio, new businesses open their doors on a daily basis. These consist of new retail stores, technology companies, restaurants and a number of other enterprises. Prior to the business opening, entrepreneurs spend numerous hours and hard-earned dollars in...
Planning is an important part in business financing decisions
Planning is an important part of each Ohio business. Businesses generally just do not come about by chance. Prior to a business getting off the ground and beginning to generate profits, numerous hours are often spent analyzing the market and preparing detailed plans...
Partnerships require agreement during business planning process
Businesses come in many different forms. In addition to sole proprietorships and corporations, some Ohio entrepreneurs decide to form a partnership. This type of arrangement can be beneficial in that there is more than one individual to provide all the necessary...
New business needs and business financing decisions
The ideas are varied; however, the needs are basically the same. To be successful, each new Ohio business will need ideas, customers, products or services and the funds to make it all happen. For some, these items appear to fall into place. For others, business...
Insurance a vital part of business planning
Each business throughout Ohio has needs unique to its structure and type. These various needs take the form of inventory, services, people and even business planning. As each business is established and then continues to operate, the need for insurance becomes an...
Business financing decisions and creditors decision process
Every day, new businesses open their doors throughout Ohio. The majority of these businesses have had to make numerous business financing decisions as a part of this process. Often, these financing decisions involved creditors and specific credit criteria. Prior to...
Business financing decisions critical to success
How to finance a business can often be one of the greatest challenges that an Ohio business owner will face. For new businesses, there may not be that many financing options available. For struggling businesses, this may be true as well. Business financing decisions...
Crowdfunding a newer option in business financing decisions
The plan is in place and the ideas are sound. The Ohio entrepreneur is ready to move forward with his or her business plans. At this point in the process, plans can move forward or come to a screeching halt. The determining factor appears to be the business financing...
Business valuation useful in business planning
At one time or another, each Ohio business owner will begin to wonder exactly how much his or her business is worth. There are a variety of reasons that this thought process will come about, including formulating answers to shareholder questions, purchasing or selling...