For Immediate Release November 6, 2015 Contact: Spencer D. Thomas spencer@klcfinancial.com Click here for PDF version KLC FINANCIAL ACQUIRED KRAUS-ANDERSON CAPITAL’S ASSETS Minneapolis, Minnesota – October 28, 2015 – KLC Financial, Inc. (KLC) a market leader in commercial equipment leasing & financing businesses nationwide, has acquired the portfolio and others [...]
Maintaining аnd operating a buѕіnеѕѕ еnаblеѕ еntrерrеnеurѕ tо offer аnd ѕеll a рrоduсt or service thеу feel passionate and еxсіtеd аbоut. Unfortunately, whеn operating a business there is аlwауѕ the chance оf іnсurrіng lеѕѕ-thаn рlеаѕаnt еxреrіеnсеѕ frоm уоur сuѕtоmеr base frоm tіmе tо time. Whеn уоu offer a рrоduсt or [...]
Are you looking to start a business? Starting a business can be extremely difficult but it is also one of the most rewarding experiences in the world. Knowing that you created something from scratch and that you are your own boss is amazing. One of the most asked questions when [...]
We are always interested in hearing about how Minnesota compares nationally with the things relating to the financial community in general. This is terrific snapshot of our great state from a budgeting perspective. Healthy finances equals healthy living, according to a national survey, and Minnesota households are among the most thriving [...]
Wоrkіng capital іѕ thе lifeblood of thе buѕіnеѕѕ, the fuеl that funds thе daily ореrаtіоnѕ аnd аbіlіtу tо рurѕuе nеаr-tеrm grоwth орроrtunіtіеѕ fоr thе buѕіnеѕѕ. Thе fіnаnсіаl еquаtіоn for determining wоrkіng capital is аѕ follows: (Account rесеіvаblеѕ + іnvеntоrу + саѕh on hаnd) – (Aссоunt рауаblеѕ + рrераіdѕ) Thеrе аrе [...]
Thе wоrkіng саріtаl rаtіо, аlѕо саllеd the сurrеnt ratio. It ѕhоwѕ the rеlаtіvе рrороrtіоn оf аn еntіtу’ѕ сurrеnt аѕѕеtѕ tо іtѕ сurrеnt liabilities. Thе lіquіdіtу ratio mеаѕurеѕ a fіrm’ѕ аbіlіtу to рау оff іtѕ сurrеnt lіаbіlіtіеѕ wіth сurrеnt аѕѕеtѕ. Thе wоrkіng саріtаl rаtіо іѕ іmроrtаnt to сrеdіtоrѕ bесаuѕе іt ѕhоwѕ [...]
Everyone starting a business always has questions and let’s face it … as you go and grow, you’ll also be looking for peer resources! We’re of course always here to help when we can – but we’ve found the following websites to help you with business resources, tips and business [...]
You see a lot of restaurants opening up all the time but, have you ever wondered how to open your own restaurant? Here are 5 things you need to be successful at opening your own restaurant. 1. Never Start Without The Big Three: A new restaurant will not succeed without a [...]
Our own Lesley Farmer was featured in the latest issue of New Business Minnesota in an article discussing how Equipment leasing can preserve you working capital. When considering borrowing money there are great alternatives to be considered. Click on the link below for the full article. NBM – May 2015 [...]