Remove Cash Flow Remove Finance Remove Industry Remove Small Business
article thumbnail

Use Data to Fix the Small Business Lending Gap

Harvard Business

And limited credit is in part caused by the difficulty of predicting which small businesses will and won’t succeed. In the past, a community bank would have a relationship with the businesses on Main Street, and when it came time for a loan, there would be a wealth of informal information to augment the loan application.

article thumbnail

How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business

If you’re not a numbers person, finance is daunting. How do you decide which concepts are most important to understand to your work and your understanding of the business? “The decision-makers will want to see a simple model that shows revenue, costs, overhead, and cash flow,” he says.

Finance 28
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Strong Economy – Strong Buy-Sell Market

Martinka Consulting

Record number of small business sales in 2018! More businesses sold after being advertised on bizbuysell.com than any other year, and 2017 was 25% higher than 2016. Our first question is: what is “small?” Pretty small. This as per bizbuysell.com. What we write about is aimed at the $10 million deal and below.

article thumbnail

Small and Young Businesses Are Especially Vulnerable to Extreme Weather

Harvard Business

Small businesses and young businesses are especially vulnerable. Census Bureau shows that these businesses were more likely than the average business to close permanently after Hurricane Katrina, for example. Second, young businesses tend to grow faster than older ones, but also fail at greater rates.

article thumbnail

How Banks Can Compete Against an Army of Fintech Startups

Harvard Business

Lending to small and medium-sized businesses is ready to move online. Small businesses are starting to demand banking services that have engaging web and mobile user experiences, on par with the technologies they use in their personal lives. The problem is that about 60% of small businesses want loans below $100,000.

Banking 47