44% of small business owners say digital tools help them reach new customers, the Small Business Owner report found. Small businesses can tap into a wide variety of effective techniques to successfully generate new sales leads and drive more revenue for the business...
Customer Lifetime Value is the total income expected from a customer over their relationship with your business. Learn how to maximize it with our insights.
Mortgage content marketing is a must for lenders who want to boost business and generate high-quality leads. Instead of relying on third-party services and referrals, you can create your own pipeline of prospects who can potentially be converted to applicants and borrowers. Each piece of content ...
Payday loans are a valuable tool for people who need to quickly borrow cash during an emergency when they have no other financial options. Payday loans are vital for people who don’t have credit cards or savings available. Generally, anyone with a checking account and steady income can obtain...
That also leads to higher rates from the longer-term CDs while getting lower rates on the more short-term CDs, Sprung said. How to Open a CD Account Opening a CD account is straightforward, with banks, credit unions and brokerage firms being common places to start. Shop around for the C...
Meanwhile, its current liabilities would include any outstanding bills to suppliers for the raw materials, short-term loans it has taken out to purchase equipment or finance marketing campaigns, and upcoming tax payments. The working capital requirement for this online jewelry business would be the ...
For example, a land loan would be a better option if you plan on building a home a year or two from now. How Do Land Loans Work? Many potential property owners ask,“How do loans for land work”? Lot loans are similar to getting a mortgage on a house. The difference is that the...
financial management; those who use mobile payments are more likely to overdraw their checking account, and those who use their smartphone to track spending are not doing better in this regard than those who do not." That is not to say that using mobile payment apps leads to bad financial ...
The Fed has a couple of tools it can use to keep the economy growing at a reasonable pace. It controls interest rates by setting the key rates it charges to the nation's banks for overnight loans of government money. The rates for all other loans are derived from those federal lending...
The discount rate reduces future cash flows, so thehigher the discount rate, the lower the present value of the future cash flows. A lower discount rate leads to a higher present value. As this implies, when the discount rate is higher, money in the future will be worth less than it is...