How to Run a Retail Business From Home
Need a few pointers on how to run a retail business from home? Here’s how to develop your online retail business plan for 2021 and beyond.
READ THE STORY
Kelly Hillock
Kelly Hillock is the content marketing manager for National Funding, where she writes and edits articles for small business owners. Kelly has over eight years' experience in copywriting across a variety of industries, focusing on entrepreneurship and finance. She has a Bachelor of Arts in journalism from San Diego State University.
Why Two+ Years in Business Are Needed for Loans
Most lenders will require a company to be in business for at least two years before they can get a small business loan as the lender wants to make sure the company will still be around when the loan comes to term, so the lender can recoup their funds. The risk with a company that hasn’t reached two years is that… Read more »
READ THE STORY
Fixed and Working Capital: What’s the Difference?
Fixed and working capital are both vital to a small business, but only one is crucial for long-term growth. We’ve outlined the major differences.
READ THE STORY
What Happens When Financed Equipment Becomes Obsolete
When financed equipment becomes obsolete during a loan — whether because new technology has leapfrogged the existing design or regulations have made the equipment unusable — the borrower remains responsible for the remaining loan balance. This situation also triggers an impairment test that compares the estimated future cash flows the asset can generate against the asset’s current value on… Read more »
READ THE STORY
Business Credit Scores 101 – An Easy to Use Guide
Understanding how a business credit score works is essential to managing your company’s finances.
READ THE STORY
7 Things to Know Before You Buy a Small Business
Buying a small business can be an easy way to hit the ground running without the uncertainty of starting from scratch — especially if it is already established and has customers. But what happens if the current team does not do well with change, or customers keep coming back because of the person selling and they are part of the brand? … Read more »
READ THE STORY
Equity Financing – How it Works and When to Use It
Equity financing is a type of business funding where a company gets money by selling a percentage of ownership to investors. This is different from debt financing where businesses borrow money from lenders and pay it back with interest and the business owner retains ownership of the company. Unlike small business loans, equity financing doesn’t have a requirement to pay anything back. Investors… Read more »
READ THE STORY
AI Prompts to Help You Maximize Revenue on Inventory
With the right prompts and data uploaded, AI tools like Claude and ChatGPT can help you know: When you’ll likely need to start discounting products to make room for the next season or line. What inventory to avoid ordering because it never fully clears, including variations like flavors, sizes, and colors. How much to order vs. guessing when it comes… Read more »
READ THE STORY
