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Salt Lake City Bookkeeping Blog

Need Funding? Let’s Look at Debt vs Equity Capital

Posted by Leanne Armstrong on Jun 20, 2018 9:00:00 AM

Entrepreneurs often take it for granted that the financing they need to get and keep their ventures afloat will come directly from the revenues they generate. But in many cases, your income won’t be enough to keep pace with what’s needed to support your operations. Some small businesses turn to debt or equity capital as a source of financial help. So let’s take a brief look at whether it might be better to pay with cash interest or with company stock for the funds that can help your business succeed.

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Topics: Business Funding, Small Business Funding, Equity Partner

Read This to Avoid the Most Common Business Partnership Mistakes!

Posted by Leanne Armstrong on Jan 3, 2018 9:00:00 AM

If you believe that the best way to navigate the ups and downs of that new business venture is with a trusty partner by your side, do yourself a favor and read this first.

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Topics: Equity Partner, Growth Coach, business partnership

Solid Bookkeeping - The Key To Growing And Exiting A Business

Posted by Matt Roberge on Sep 29, 2015 7:00:00 AM

Having a solid bookkeeping system in place is the key to growing a small business and implementing an exit plan. A great idea will get you going, but it won't necessarily lead to huge growth and an eventual exit. 

Growing a business takes a great idea, a strong strategic plan, and a way to measure your progress (i.e., bookkeeping). Seasoned consultants will often tell you to start with the end in mind; they are right. A good strategic plan starts with an end goal, which for many business owners is an exit. I will explain how a solid bookkeeping system will allow you to grow your business to a new level and execute an exit plan.

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Topics: Bookkeeping Services, Small Business Growth, Exit Planning, Small Business Funding, Small Business Mentor, Equity Partner, Business Acquisition, Growth Coach