Momentum Capital Funding Blog

How Your Customers' Slow Payments Can Hurt You

Slow paying clients can have a big impact on any business. While most businesses can cope with the occasional late payment, customers that make a habit of ignoring invoices can starve your company[...]

Know the Limits of Your Business Plan

When you first start a business, the process is complex -- which is why you need a plan.

Small Business Trends to Look for in 2018

With the year quickly coming to a close, any good entrepreneur should already be researching and planning for the next year. Especially in the case of small business owners, finding ways to drive[...]

Ways to Reduce Your Business Taxes

It's that time of year again, and the tax man cometh. Whether you're a large corporation or a small home-based business, you can't escape your tax obligations. Tax season comes around every year,[...]

3 Time Management hacks for busy entrepreneurs

Liaising with clients, sending emails to customers, contacting suppliers -- as an entrepreneur, you have to juggle all of these tasks on a daily basis. While you can't create more hours in the[...]

5 Workforce Trends Impacting Small Business Owners in Blue-Collar Fields

Jobs were originally classified as blue-collar or white-collar many years ago in reference to the type of work being performed and the people performing it. Blue-collar jobs are those in fields[...]

The Big Tax Stuff Small Businesses Need to Know

Filing taxes as a small business owner is much different than working as the employee of a company. You have to keep many things in mind to avoid under or overpaying your taxes. Use this list to[...]

HOW TO WRITE AN OPERATIONS AND MANAGEMENT PLAN

 It's vital to have a game plan for making purchases, preparing and creating the services or products you offer. That's why an operations and management plan is an integral part of a business plan[...]

TIPS FOR SUSTAINING YOUR BUSINESS GROWTH

When you start a business, you want to be in it for the long haul. You plan to keep nurturing your company until it's an industry leader and employs dozens or even hundreds of people and[...]

HOW SMALL BUSINESSES CAN BALANCE THEIR BUDGET

A balanced budget is vital to the success of any business. If your company is experiencing financial problems and struggling with debt, making a budget could help you to get back to a position of[...]

3 FUEL-SAVING TIPS FOR TRUCKERS

Gas prices are always going to affect the bottom line for truckers, and it may seem like this expense is largely out of your control. Fuel economy is largely in your hands, however, and there are[...]

3 Wrong Reasons to Become an Entrepreneur

Ah, the image of a successful entrepreneur: Heads turn as he or she breezes into the conference room, drops a few words of motivation and wisdom to future investors, then heads out for a[...]

RECOMMENDED BLOGS FOR NEW BUSINESS OWNERS

No matter what type of business you may own, staying abreast of new developments in the business and finance world is vital. One of the best and most inexpensive ways to acquire sound business[...]

How to overcome cash flow gaps

Profitable businesses can still experience cash flow problems. Signing a new project contract or securing a deposit on a construction job may equal profit on paper, but you don't get paid in full[...]

Three ways cash flow helps your business win big

Most small business owners focus on profitability instead of cash flow. While both are important, it is cash flow that will keep you operating so you can continue to generate profit.

TIPS ABOUT BORROWING FROM FRIENDS AND FAMILY MEMBERS

There’s an old saying that goes something like this: Before borrowing money from a friend, decide if you need the friend or the money more.

How to get rid of busywork as a business owner

As your business grows, there are greater strains on your time. The tasks you used to complete with ease suddenly prevent you from seizing new opportunities to increase market share or earn[...]

Tips for Business Owners Trying to Collect Unpaid Invoices

Unpaid invoices can cause a domino effect of complications in your business, especially if you need the profits from your sales to replenish your inventory and sustain the employee payroll. You[...]

How to Write the Sales and Marketing Section of Your Business Plan

Every business, big or small, needs a sales and marketing plan. A good plan is a road map that details all the stops that need to be made in order to reach the destination of a successful[...]

Do's and Don'ts of naming your business

A name is the first point of contact that a customer has with a business. If you get the marketing right, your business name will become one that is familiar and readily recognized by your[...]

When should business owners go into debt?

There are few life experiences that are more challenging, exciting, frightening and unpredictable than starting your own business. Nevertheless, every year entrepreneurial men and women take a[...]

What New Entrepreneurs Should Know About Federal Income Taxes

If you're a small business owner, you might think that you're largely free from IRS scrutiny, but the truth is that no business is too small to be of interest.

For any new business owner, it's[...]

3 Ways to Grow Your Existing Blue-Collar Business

There are 28 million small companies in the United States, and these account for 54 percent of all sales. Most of them have one thing in common: they want to maximize profits and grow their[...]

HOW CAN ACCOUNTS RECEIVABLE FINANCING HELP MY BUSINESS?

If you’re considering using accounts receivable funding for your business, you may have a few questions.  As a small or new business owner it can be difficult to find the working capital you need[...]

Include these topics in your financial projection section

The financial projection section of your business plan describes how you’ll allocate your business’s financial resources. In other words, you’ll be justifying your business with solid figures[...]

4 tips for single mom-preneurs

Acting as both an entrepreneur and a mom, particularly a single mom, can be challenging. The day-to-day struggles may feel overwhelming, but being a single mother can also help you understand what[...]

5 fears of small business owners and how to overcome them

You’ve decided you want to open your own business. It’s an exciting prospect, but mixed within your excitement are bouts of pure panic and terror.

How to survive "Booms" in the construction industry

Construction spending was on the rise in 2016. Although it may seem like good news for your construction contracting business, construction companies actually have a frightening tendency to fail[...]

5 things to know about failure as an entrepreneur

You’ll be hard pressed to find an entrepreneur who has never encountered failure in their career. Although entrepreneurs need to be fearless in the face of failure to begin their enterprise,[...]

How to write the Service or Product Line Plan section of your business plan

As you might have guessed, the service line or product line plan section of your business plan, typically describes the products or services your business will deliver. This section offers the[...]

How to write the competitive analysis section of your business plan

The competitive analysis section of your business plan, as you might have guessed, analyzes your competition, but it also identifies and expands your business’s competitive advantage so you can[...]

How to build your business without debt or loans

It really does take money to make money. When you open a business, the first thing on your mind is probably financing. Opening a new business takes a lot of money , so it’s no surprise[...]

How to write a business description for your business plan

Think of your business description as an elevator pitch that gives your reader a general review of the elements of your business and helps them understand your business’s primary goals.

How to write an executive summary if you’re startup in need of investors

Often considered the most important section of the business plan, the executive summary tells its readers the current status of your business, the direction you plan to take your business and why[...]

How to reduce debt and avoid bankruptcy for small businesses

A bit of debt is common for small businesses. That said, getting into debt to pay for necessary operational costs is far easier than getting out of debt. Many businesses quickly become overwhelmed[...]

How to write a business description for your business plan

Think of your business description as an elevator pitch that gives your reader a general review of the elements of your business and helps them understand your business’s primary goals.

What to do when business is slow

Whether these are expected seasonal trends or there is a dip in demand, all businesses have slow periods. With the viability of your business at risk, and continued employee expenses and bills to[...]

How to write the market analysis section of your business plan

The marketing analysis section of your business should communicate your expertise of your given industry, your market knowledge, relevant research findings and your conclusions. Of all the[...]

Top 2017 trends entrepreneurs need to know about

The future is still unpredictable for small businesses after a tumultuous election and a new administration in office, but a number of 2017 trends are already shaping the market. Here’s what you[...]

How much should you pay yourself as a business owner?

As a business owner, determining how much to pay yourself can raise a number of uncomfortable questions. No one, perfect formula exists, with the amount you are paid depending on a number of your[...]

How to handle the five stages of a business lifecycle

Your business life cycle is your business’s  journey from concept to successful company. Each stage of the business life cycle provides business owners with a unique set of challenges.

Questions to ask before you apply for a bank loan 

Applying for a loan is a big step with big repercussions for entrepreneurs. Securing funding for a small or new business can be difficult, so make sure you understand the loan process and your[...]

How to write an executive summary as a startup

Often considered the most important section of the business plan, the executive summary tells its readers the current status of your business, the direction you plan to take your business and why[...]

Get your big clients to pay their invoices on time

If you’re a small business, you were probably thrilled when you first landed your first large, corporate client. Although having a big client is hugely beneficial for small businesses, it’s also[...]

Include these topics in your business plan 

Writing a business plan can be a daunting task, especially if you’re a first-time business owner. A business plan serves as the guiding force of your company for the foreseeable future, but your[...]

7 things all entrepreneurs should know

The freedom to act as your own boss is exhilarating. The bounds of your career, your financial future and your company depend solely on you. But with great opportunity comes great risk.  If[...]

6 ways to manage your inventory

Inventory is one of the most expensive costs for retailers of all sizes, but it’s also one of the most crucial aspects for businesses. After all, without inventory you wouldn’t have anything to[...]

Don't make these 4 startup mistakes

The odds don’t favor entrepreneurs, with 90 percent of startups ending in failure. Startups fail for a wide variety of specific reasons, but there are a few toxic fundamental mistakes that cause[...]

Why banks deny loans to small businesses (and what to do about it)

With perseverance, most struggles of being a business owner can be overcome, but lacking the cash to run and grow a sustainable business can prove fatal for even the most resilient business owners[...]

10 tips young entrepreneurs need to know

As a young entrepreneur new to the game of owning a business, you bring fresh ideas and new vigor to the table. Although there will be many gaps in your expertise in the beginning, owning a[...]