Although a small business owner may enjoy the cost-effectiveness of equipment leasing, other benefits exist as well, especially when it comes to tax deductions.
Female-owned businesses are on the rise, but obtaining a small business loan may be more difficult for those who do not develop strategic relationships with alternative lenders.
The SBLF is facing federal scrutiny as investigators discovered $2.1 billion of the program’s $4 billion went to bailing out banks rather than to financing small business loans.
As big banks continue to prefer financing established companies, small business owners rely on alternative lenders to secure the funds they need.
The Obama administration recently proposed a tax break for small business owners who hired or gave raises to employees last year.
The U.S. Treasury Department has been trying convince more banks to increase lending to small businesses. The Small Business Lending Fund (SBLF) program has led to an increase in small business loans for the seventh straight quarter.
Small-business owners who have been considering taking out a loan so they can afford to set up a payroll may want to begin the process now, as recent indexes show organizations are starting to feel comfortable enough to hire again.
Studies show that although female owned businesses are on the rise, many women face more obstacles when it comes to securing a small business loan. Studies show that female small-business owners are still having a harder time securing financing to fund their organizations.
Although many U.S. small business owners say they are sick of Washington’s work, many of them remain hopeful about the future. Though many small business owners expressed frustration with recent government debates, many are still optimistic about their own business prospects for this year.
A recent survey found small business owners lag far behind in directing resources toward online advertising. Small businesses directed more marketing dollars toward traditional mail than social media.