Blog Archives - betterbanc

Understand Why Working Capital is Still a Challenge for Founders

As the old adage goes, it takes money to make money. Business founders need working capital to take care of business expenses like marketing expenses, payroll expenses, rent payments, and so many others. An increase in expenses and liabilities can lower your working capital, leaving your business in a tough situation. And if you own […]

Invoice Financing: What It Means for Your Business Growth

Every business owner appreciates the value of securing funding quickly. It is even more critical when a business is facing a cash flow problem. It means wages and bills will not be paid in time. The natural step would be to seek a lender for some funds to keep things running. For a long time, […]

3 Options for More Business Funding Without Sacrificing Ownership

Starting and running a business has its challenges, one of which is financing. As much as you need enough money to actualise your dreams, you still want to be in control of your vision. However, some financing options out there mean that you have to part with some equity. The good news is, there are […]

4 Practical Ways To Secure Investors For Your New Business

Building a business from the ground up requires adequate planning and funding to facilitate various organization’s operations. Besides, introducing new projects in a new business tend to cost even more and likely to take longer than anticipated to generate profits. Although a business plan is critical, most start-ups find it hard to raise capital to grow and […]

6 Signs Your Fast-Growing Business Needs More Capital

Once a start-up establishes, the logical next phase is anticipating growth. The intent is to build something great that enables the business to expand. However, learning how and when to grow can be a daunting task for any small business. Besides, growing too early or too quickly can strain the business financially as well as impact productivity […]

Revenue-Based Financing vs. Debt Financing for Startups

Revenue-Based Financing vs. Debt Financing for Startups Establishing a business can be intimidating but a rewarding process. While a well-strategized business plan is essential, financing is another critical aspect a company needs to succeed. Getting funds to finance a start-up or any small business is tricky — especially for those with bad credit scores. Fortunately, traditional lenders […]

How Much of Your Business’s Annual Spending Should Be on Marketing?

Determining the apt marketing budget is often arduous for any enterprise — especially start-ups and small companies. This is because they must maintain a healthy balance between the revenue generated and the cost spent on marketing and growth annually. However, the big question most businesses ask is: how many resources should be set aside for […]

Growth Hacking for ecommerce: 9 simple yet effective tools

Growth Hacking for ecommerce: 9 simple yet effective tools The term Growth Hacking has gone from being an industry buzzword to one of the most effective ways to grow an online business at scale. By definition, Growth Hacking means that every strategy you develop and execute should be centred around growth. And, if you’re in […]

The 5 stages of the business funding lifecycle

There are typically five stages a business will go through during its lifecycle which are all linked to the natural progression of a business over time. Each phase is unique and with each phase comes varying requirements. Business finance is one of those requirements that adapt over time depending on which phase in the lifecycle […]

17 ecommerce terms you need to know before starting your business

Every industry has its own unique language and understanding your industry’s lingo becomes especially important if you’re an ecommerce startup. Because of the digitally native aspect of the ecommerce world, there are a number of elements that can help you succeed in growing your business, if you understand what they are and how they work. […]