Author: Jeff Trumbull

Before you come into a final conclusion whether to buy or lease a warehouse space, then you need to be aware that there are some fundamentals factors that will greatly influence your choice. Capital plays a big role in such a scenario so you must be stable financially so that you can make a better conclusion. Other factors include the expected profit from the firm and the alternative purpose for your financial resources. For you to have a proper judgment between the two circumstances, then you will need to conduct an analysis of your organization’s cash flow. With this...

Having your owning business can be rewarding and stressful at the same time. It is rewarding in the sense that you are making money from doing something that you love. On the other hand, it can also be stressful as you have to devote a great deal of time and take on responsibilities such as bookkeeping. And more often than not, companies are frustrated with bookkeeping. And even though bookkeeping is one of the most important requirements needed to file for taxes or applying for a new loan, it is also one of the areas where most companies usually...