Albert Einstein made the following observation: “The world as we have created it is a process of our thinking. It cannot be changed without changing our thinking.” As a community determines how to spur growth during these challenging times, there are many things they should consider as they strategize their […]
Small
ALEXANDRIA, VA — The Alexandria Economic Development Partnership is preparing to launch a second round of funding for the Alexandria Back to Business small business and nonprofit grant program. Grants are geared toward qualifying small businesses and nonprofits to help with costs related to reopening and rescaling business during the […]
As your business grows, you will move from a flat organizational structure, or one where several key managers report directly to you, to a more traditional, or functional structure. A functional structure organizes your business by departments, with finance one of these. Although finance will be only one of your […]
Personal financial management is an important concept for many individuals and business owners. Personal finances often dictate how a person lives his life and what decisions to make as an entrepreneur or business owner. Assessing personal finances should be done in a method similar to assessing business finances. Many of […]
Small business owners, many of who are already on the brink of closure, are fearing the worst after an explosion of COVID cases linked to San Diego State University. © Provided by NBC San Diego Owner of restaurant featured on reality TV show ‘Restaurant Impossible’ is concerned the surge in […]
Financing is a key for new businesses, but convincing a bank or other lender to provide a loan isn’t always quick or easy. Preparation of a strong financial management package can speed up the loan process and even make the difference between obtaining financing and not. A financial management package […]
The Paycheck Protection Program lent more than $1 billion to small businesses that violated the rules of the program, a House investigative committee said Tuesday. In a preliminary report, investigators said the PPPP “helped millions of small businesses and non-profit organizations stay afloat during the coronavirus crisis, but a lack […]
Small business investment companies (SBICs) are Small Business Administration-licensed and regulated companies that provide funding to small businesses in certain sectors. These companies rely on both internal funds and government funds to invest in small businesses, but they have to follow several regulations in order to maintain their SBA status. […]
Financial management provides a framework for pursuing synergy between the functional responsibilities and financial resources of the business organization. In the modern business world, it involves embracing flexible monetary policies, integrative financial systems and strategic decision models capable of maximizing wealth generation. Efficiency Financial management in the modern business world […]
An organization’s financial management plays a critical role in the financial success of a business. Therefore, an organization should consider financial management a key component of the general management of the organization. Financial management includes the tactical and strategic goals related to the financial resources of the business. Some of […]
The owners of Victoria’s Cleaners in Central Austin are spending this week saying goodbye. Victoria’s Cleaners closes due to COVID-19 pandemic Click to expand UP NEXT Located in the Allandale Village Shopping Center on the corner of Burnet Road and Koenig Lane for more than 18 years, the store has […]
Effective cost-control standards and strong internal controls are a large part of what separates highly successful businesses from less-successful ones. Although every associate from the business owner on down is responsible for controlling costs and adhering to internal controls, members of the financial management staff provide financial oversight for the […]
TAMPA — Hillsborough County is expanding financial aid to small businesses affected by the coronavirus pandemic, including earmarking $22 million for companies that qualified for earlier assistance. Load Error “It’s a protracted coronavirus event. I don’t think anybody knew back months ago when we started the plan we’d still be […]
Thanks in part to a $1 million gift from former Prince George’s County resident Sam Brin, small businesses affected by the COVID-19 pandemic can apply for grants of up to $10,000. Any small business based in Prince George’s County affected by the COVID-19 pandemic, excluding new business ventures, can apply […]
NEW YORK, NY and ELMONT, NY and LONG ISLAND, NY / ACCESSWIRE / August 29, 2020 / The alcohol beverage industry has been booming for some savvy companies since COVID started. For most beverage alcohol retailers on a local store level, sales have been either hit or miss. Not for […]
By Blake Ellis and Melanie Hicken | CNN The billboards began popping up along a desert stretch of highway in Arizona and California in early August — plastered with “Make America Great Again!” in large capital letters or an image of President Donald Trump looking up to the sky and […]
Whether your business is new, old, large or small, financing is essential in helping your company to grow, expand and take on new organizational strategies. “Business finance” simply refers to money and is a necessary foundation for businesses to thrive. For a business owner, it is important to be aware […]
© Provided by Knoxville WVLT-TV WVLT NASHVILLE, Tenn. (WVLT) – Tennessee Governor Bill Lee and the Financial Stimulus Accountability Group announced a new expansion to financial relief programs for small businesses, agribusinesses, displaced workers, and the tourism industry through the federal Coronavirus Relief Fund. The Tennessee Small Business Relief Program […]
Mid Atlantic Financial Management Inc. ADV cut its position in shares of SPDR S&P 600 Small Cap ETF (NYSEARCA:SLY) by 9.6% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,655 shares of the company’s stock after selling 493 […]
Alaska Gov. Mike Dunleavy speaks about the state’s COVID-19 response from the Atwood Building in Anchorage on April 20. On Thursday, the Legislative Budget and Audit Committee approved changed Dunleavy was making to the eligibility for the small business AK CARES grants. Dunleavy’s administration would have had to wait until […]
Business finance, commonly referred to as corporate finance in the business environment, is the function responsible for allocating resources, reviewing debt and equity financing opportunities, creating economic forecasts and various other functions. Small businesses may not have significant corporate finance departments because their financial needs are usually much less than […]
SAN FRANCISCO – On the steps of San Francisco City Hall, small business owners, particularly those who run gyms and hair salons came out to protest the current COVID-19 restrictions, saying they need to open up now to have a chance at survival. Load Error “We haven’t had any business, […]
ARLINGTON, Va. and SAN DIEGO, Aug. 4, 2020 /PRNewswire/ — CDC Small Business Finance, the nation’s leading mission-based small business lender, and Capital Impact Partners, a Community Development Financial Institution (CDFI) that champions social and economic justice nationally, are proud to announce a new alliance. With a focus on economic empowerment and […]
Text size Christopher Lee/Bloomberg Burlington Stores stock overcame early weakness to notch small gains Thursday morning, after the discounter swung to a much smaller-than-anticipated loss in its second quarter, amid Covid-19 closures. Burlington Stores (ticker: BURL) said it lost $46.8 million, or 71 cents a share, compared with a profit […]