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Your Small Business Health Check Questionnaire

WEBWe hope you’ve found this small business health check questionnaire useful. Go through each of the questions, answer honestly, and make changes—one at a time. …

Actived: 2 days ago

URL: https://www.connect2capital.com/small-business-lending-blog/business-health-check/

Things to Consider When Reopening After COVID-19

WEBHere are seven things to consider for the best chance to reopen successfully. Decide Where You Stand. First, decide whether it makes the most sense …

Category:  Health Go Health

The Growth of Women-Owned Businesses in the United States

WEBSmall businesses are the bread and butter of the US and how fast they are, or are not, growing is an indicator of the health of our economy. Since the recession, …

Category:  Health Go Health

How to Retain Great Employees in Your Small Business

WEBRetain Employees Through an Open, Listening Environment Where Feedback is Encouraged. Positive connections and culture are strengthened by listening …

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Frequently Asked Questions Connect2Capital

WEBConnect2Capital was created to address inequality by bringing new financial solutions to the table. We’re a first-of-its kind online network that empowers people and builds …

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How to Prepare a Cash Flow Statement Connect2Capital

WEBA cash flow statement is an important financial document that you and others can use to understand your business. A cash flow statement provides details of the …

Category:  Health Go Health

Your Small Business Tax Deductions Checklist Connect2Capital

WEBLoan Interest and Bad Debt Tax Deductions. If you have taken out loans for your business, you can deduct the interest. Automotive loan interest. Building loan …

Category:  Health Go Health

How to Categorize Expenses for Your Small Business

WEBHere’s how to categorize your small business expenses: Decide on the right categories for your specific business expenses. Review and reconcile your bank …

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What is the Debt-to-Income Ratio for Small Business Loans

WEBUse the sum of your monthly debt repayments. Divide this total amount by your small business monthly gross profits. Multiply the result by 100. The result is your …

Category:  Health Go Health

What is the Fixed Charge Coverage Ratio and How is it Used

WEBConnect2Capital Team. – January 8, 2021. The Fixed Charge Coverage Ratio (FCCR), also known as the Solvency Ratio, shows how well a business can meet its …

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How to Transfer Your LLC Business Ownership to Someone Else

WEB2. Establish What Your Buyer Wants to Buy. You will need to document exactly what your buyer is purchasing of your business. Some buyers may want to purchase …

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Should You Lay Off Employees During COVID-19

WEBFurlough or Lay Off Employees During the Recession. Once you’ve examined your revenue, calculated your employee costs, and reviewed government …

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Great Ideas to Cut Your Small Business Expenses

WEBCutting your small business expenses will help to boost your profit margins and improve your financial health. You can use the money you save to build up a cash …

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Ways Small Businesses Can Keep Overhead Costs Down

WEBOther costs: $2,200. Total overhead costs: $18,000. You need to account for these overhead costs in your profit margin, which depends on the number of units you …

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Get Help Applying for a Small Business Loan Connect2Capital

WEBConnect2Capital Team. – May 25, 2021. Applying for a small business loan can be a little overwhelming. From understanding what the requirements are, to finding the perfect …

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Average Business Expense Percentages: How Are You Doing

WEBPatriot Software suggests that average percentage expenses for types of business, including all costs and taxes, are as follows: Construction: 95% of revenue …

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The Best Local Business Ideas for Uncertain Times

WEBDisclaimer: the information provided on this page is meant for general informational purposes only and may not reflect the most current resources and …

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3 Financial Reports to Maximize Small Business Loan Approval

WEBTo increase your chance of small business loan approval, you need to increase your profitability. There are two main ways to do this: Increase your revenue, …

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