Posts in Financial Advice category.
The Financials Every Small Business Owner Should Know Running a small business isn’t just about having a great product or service — it’s about understanding the numbers that keep your business alive. Without a solid grasp of your finances, even successful businesses can hit unexpected roadblocks. This guide walks you through the essential financial concepts […]
Getting business funding is a common challenge for entrepreneurs, but for minority business owners, the barriers can be even more significant. From systemic inequities and limited access to traditional financial networks to lower approval rates and reduced investor exposure, many minority-led startups and small businesses face an uphill battle when seeking capital. The good news […]
For many small businesses, accessing the right type of financing can be a complicated and time-consuming process. Between sorting through endless loan options, navigating bank requirements, and managing daily operations, business owners often find themselves overwhelmed. This is where loan brokers come in, i.e. professionals who connect businesses with lenders that match their specific financial […]
You don’t need a fleet to justify getting a business vehicle. Sometimes, one reliable van or service car is the difference between staying ahead and scrambling to catch up. If your work depends on deliveries, site visits, or hauling equipment, the vehicle you use is a part of the job. Using a personal car might […]
As a small business owner, it’s easy to make sense of direct costs. You buy a product for $5 and sell it for $10. Simple enough, right? But then the month ends, and there’s that one receipt in the drawer, staring back at you. The office rent. The Wi-Fi bill. That design tool you haven’t […]
When evaluating potential investments or projects, knowing which ones will actually bring value is crucial. That’s where the Profitability Index (PI) steps in. It is a financial metric that helps business owners, CFOs, and investors understand the return they can expect from every dollar invested. Whether you’re deciding between competing opportunities or managing limited capital, […]
Managing business debt is about more than simply knowing what you owe. In order to keep your debt obligations organized, and to make sure you don’t get overcharged, having a structured schedule is important. While many business owners track debt loosely through spreadsheets or accounting software, a formal debt schedule brings visibility, accountability, and strategic […]
ROK Financial has proudly provided over 1 Million meals to families in need through our partnership with Feeding America.
We will continue to donate 50 meals for every successful transaction.
