Rising interest rates: the impact on your business

Rising interest rates: the impact on your business

Since March 2022, the key interest rate has risen from 0.50% to 5% on July 12. What are the implications for your company? Obviously, working capital! You’ll need more money to pay interest on your debt. For example, a $50,000 loan signed in March 2022 will cost...
Should you quit your job to go into business?

Should you quit your job to go into business?

The decision to drop everything and go into business for yourself is a personal one, and depends on a number of factors. There is no single answer to this question, as it depends on everyone’s personal circumstances. It’s true that setting up a business...