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9
Mar

Working Capital Loans: What, Why, and When

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Working Capital Loans

Working capital refers to the money that a company uses to cover its rent, as well as its payroll, supplies, utilities, and other related daily expenses. Businesses will sometimes run into cash flow issues and may require a short term loan to help them get through a difficult financial situation. When this happens, they may turn to a working capital loan to pay for their expenses until they get back on their feet. Here, we will delve into the benefits of working capital loans, as well as the types of working capital loans available to businesses, and when to apply…

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15
Jul

What It Takes to Run a Food Truck

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Starting a food truck business can be a rewarding and exciting endeavour. For those looking to start a business in the food industry, food trucks provide many benefits over opening a traditional brick and mortar restaurant. Lower investment costs allow you to build your brand before deciding if you’d like to expand. The flexibility of owning your own business combined with the fun of working in different locations in a moving restaurant makes starting a food truck appealing to the adventurous entrepreneur. Although starting food trucks are not as involved as running a fully staffed restaurant, there are some things you need to consider before getting started. Understand the Industry According to the Competition Bureau, food truck operators in Canada generated over 300 million dollars in revenue in 2017; there is certainly still room for growth in this industry. The ability to pick an angle that competes with already existing…

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1
Jul

What You Should Know About Flatbed Trailer Rentals

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In the modern-day manufacturing and business processes where transporting heavy cargo is frequent, both demand and supply of heavy duty trailers have gone high. Hiring trucks is always a cheaper alternative to buying them. Most companies looking to hire trucks for transportation services prefer flatbed trailers, as they have ample space for cargo compared to other types of trailers. Such trailers are also more flexible and more effective for transporting cargos unusual size and shape that won’t fit in conventional enclosed trailers. The process of renting such a trailer can seem daunting if you do not know how to go about it. Irrespective of your demands, you should go for the best option that suits your budget and preferences. Here are some things you should know when hiring flatbed trailers. Know What You Need The first thing you should do when hiring a flatbed trailer is to outline your transportation…

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