Category Archives - Business Advice

What Is a Liquid Asset and How Can It Affect My Small Business?

You’ve probably heard the term “liquid asset” thrown around when discussing business. But what does it mean exactly? What separates a liquid asset from a non-liquid asset, and how does that affect the stability of a business? Understanding liquid assets is more than just good for bookkeeping — it’s important to understand how healthy a small business…

What Is Bootstrapping? 5 Tips for Bootstrapping Your Business

If you’ve started to research ways to fund your small business idea, there’s a good chance you’ve stumbled across the term “bootstrapping.” This buzzword is the name of the solution many startup founders use to launch their businesses quickly, even without the support of small business grants. So, what is bootstrapping? In this article, we’ll provide a…