If you own a bakery, one of the most important forms of financing you’ll need is a business credit card.

Oftentimes, small business owners may prefer using their business debit cards for their day-to-day expenses because it’s convenient and they don’t accrue any interest rate if they use one. However, opting for a debit card can actually do more harm than good for your business.

How does crowdfunding work, and would it be a good option for your bakery?

As you map out your bakery's growth in 2022, you will need financing solutions that can help you cover various expenses such as increasing inventory, upgrading kitchen equipment, renovating the bakeshop or providing better employee benefits.

While you’re investing in your bakery’s growth, you also need to plan for emergencies.

Effective cash flow management is critical for small and large businesses to overcome challenges and tap growth opportunities.

Whether your goal is to increase cookie production, open up a new brick-and-mortar bakeshop or purchase delivery vehicles, having sufficient cash on-hand can go a long way towards meeting long-term growth.