Reducing Costs to Boost Profits

One of the big secrets of multinationals is their constant striving to become the lowest cost producer in their field. These low costs feeds straight through to their bottom line, and is a technique that can also be used by small companies. For businesses wanting to...

Why Do Lenders Require Collateral?

Getting an unsecured business loan is nearly impossible these days unless you are tremendously wealthy, a multi-national organization or don’t really need the money. The one exception would be a government bailout. Thus, collateral does matters. However, banks...