Aldermore Bank’s Post

Feel like your finances are a puzzle? Let's solve it together! 🔍🤝 By strategically prioritizing your finances, you can maximize the impact on your business. It's time to level up your entrepreneurial game and pave the way for success!💼✨ We post useful finance tips every Friday! So, if you are an entrepreneur or are aspiring to be one, follow us and register now to be a part of WEP Community: https://wep.gov.in/ #WEP #TogetherWeCan #WomenEntrepreneurs

One of the biggest mistakes aspiring entrepreneurs make is not keeping track of their spending. If you don’t know where your money goes, you can’t plan effectively. Begin today: • Write down every expense: rent, groceries, even that morning coffee. This awareness can help you trim unnecessary expenses and direct that extra cash toward your entrepreneurial dream. Remember, control over your spending leads to freedom in business. I’ve written about this in my latest newsletter article. Read it here: https://shorturl.at/5yiYw                   𝗣.𝗦. Learn more by subscribing to "The Entrepreneur Spark" for effective budgeting tips. #smedigital #becominganentrepreneur #entrepreneurialtransition #budgetingforentrepreneurs

⚠️ The Most Dangerous Belief in Business “Why do I need to spend time on all of this? I have been in business for 10 years and always made money” - A response I receive at least once a week when talking to other entrepreneurs. Just because you’ve been profitable for years doesn’t mean there aren’t risks hiding below the surface. Without a handle on your finances, you’re vulnerable to unseen challenges. Let’s go beyond “business as usual” and take control! #StayPrepared #FinancialHealth

💡💳 No matter what you’re told… personal credit ALWAYS matters… unless it isn’t being looked at. 😉 For example, when applying for business credit, you can use your EIN to get approved and leave your SSN off the application! This can be a game-changer for entrepreneurs and small business owners. 📈🚀 Build your business credit separately and open doors to more opportunities! 🌟 https://lnkd.in/eSihXZ3y #CreditTips #BusinessCredit #EntrepreneurLife #FinancialFreedom #SmallBusiness

Calling all future entrepreneurs! Starting your first business is exciting, but it also can be a little overwhelming. That’s where DFSB comes in. Our business checking accounts are designed to help keep your finances organized so that you can focus on turning your vision into a thriving reality. Let's build your dream together! https://bit.ly/4fsJOSO #BusinessBanking #SupportingSmallBusinesses #MyDFSB #DearbornFederalSavingsBank #CommunityBank #DearbornMI #DearbornHeightsMI

💼 How long should you wait before naming and shaming a non-paying client? As a small business owner, prompt payment is not just a courtesy—it's essential for cash flow, growth, and long-term sustainability. But when clients don't pay on time, it creates a huge burden. While many of us understand the pressures clients face, how long is it acceptable to wait before taking drastic measures like naming and shaming those who fail to pay? When does patience cross the line into risking your business's health? 💡 I'd love to hear from fellow small business owners and entrepreneurs—what's your experience with non-paying clients? How do you approach late payments, and at what point is it appropriate to go public? Let’s discuss the importance of #promptpayment, maintaining healthy business relationships, and protecting our small businesses. #SmallBusiness #Entrepreneurship #CashFlow #BusinessTips

Hosting my first ever Master Your Money challenge! After years working with business owners, I created a simple system to manage money for entrepreneurs no matter what cycle of their business they’re at! Am I nervous? 100%. I’ve already seen so many things that I want to improve next time I do this but I know we have to lead by example for the ones that we truly want to help. Being committed to progress over perfection isn’t for the weak. Let’s go! 🚀 #ProgresstoProfits #ClaritytoCashFlow #MasterYourMoney

Why Small Businesses Fail: Unveiling the Top 3 Culprits Did you know only half of small businesses survive past year 5? This video by Dan dives into the critical reasons behind these failures: ⒈ Sales & Pricing Stumbles: Struggling to generate sales or find the right pricing strategy? You're not alone. 2. Cash Flow Chaos: Cash flow mismanagement is a recipe for disaster. Learn how to stay afloat! 3. Financial Blindspots: Don't let a lack of financial literacy hold you back. Understanding your business's health is key. Watch Now https://buff.ly/3zRjz8a #smallbusiness #entrepreneur #businesssuccess

Thought of the Day Tuesday’s Entrepreneurs Education “Business Credit for Start ups” As a business coach. Let’s talk about one of my favorite subjects MONEY. Do you have a dream to start a business in 2024? Do you have a business less than 2 years old? Do you have a business over 2 years old but you need money to expand your business? With ALL the financial issues going on right now. Let’s get your business funded. The SOLUTION: EBG start up business credit building program: We use your EIN ONLY. No personal guarantee. What makes us so DIFFERENT? We assist you build your TRUE business credit from the ground up. Did I say you don’t use your SSN? Build your business credit correctly within 90 days or less to get approved instead of YEARS like I did. Join our 2024 challenge. If you are READY? Say “Yes” in the comments below ⬇️” You will get your FREE 30 min business credit consultation. Let’s go….. #empowerbusinessgroup #entrepreneur #businesscredit #2024challenge

Nearly 40% of entrepreneurs are considering switching advisors in the next two years according to a recent survey by CEG Insights. Successful entrepreneurs are, by nature, visionaries, and growth-seekers. This same mentality extends to their expectations of financial advisors. If you fall into that 40%, check us out at ljwwealth.com to learn more about how we strive to meet and exceed the expectations of our business owner clients! #businessadvisors #businessowners #businessleaders #exitplanning #exitstrategy #financialplanning #LJWWealth