Month: November 2012

The 5 C’s of Credit

What do they mean to your small business loan? One of the most common questions among small business owners seeking financing is: “What will the bank look for from me and my business?” While every bank has its own unique criteria, many use some variation of “the five C’s of credit” when making credit decisions.… Read more »

Understanding where you make your money?

Traditional accounting systems are designed to report the overall financial performance of your business.  Good financial controls and procedures are essential to provide you with meaningful monthly financial statements.  Timely, accurate reporting of your monthly results are a key management tool for assisting with tactical short-term business decisions, as well as charting your progressive and… Read more »