Many would-be restaurateurs today find that getting a business loan isn’t as easy as it used to be. After the recession, many banks and other traditional financiers cut down on lending to budding entrepreneurs, NerdWallet reported. To obtain the necessary funds, prospective restaurant owners turned to alternate strategies. Asking friends and family for the cash […]
Category: Lending & Finance
Small business owners can develop a successful, vibrant organization and still deal with common problems like bad credit and a lack of collateral. Does that mean your business can’t secure a loan? While having good credit and collateral on hand can help you secure a loan in some instances, there are established, dependable alternative lenders […]
As every entrepreneur knows, starting or growing a business requires capital. Equipment, supplies and space all cost money, and are all required to getting the company going. Business owners have several options to purchase or rent necessary items. Some people are able to save up enough funds to cover initial costs, while others seek out […]
Small business loans and lines of credit have some important similarities. They both offer businesses the opportunity to leverage existing assets in exchange for liquid capital, to be spent on a variety of relevant operational needs. However, there are some important differences between small business loans and lines of credit. Let’s review these two useful […]
Come tax season, it’s important for Americans to know what they can or can’t write off. Including the right deductions can greatly benefit you in the year to come, as it can increase your return or minimize the amount you owe. Small business owners must pay just as close attention to their business taxes and qualifying exemptions as […]
Don’t let bad business credit leave your business inert; take these simple steps to improve your credit score.
Effective management of business expenses is a cornerstone to better credit, and longer-term success.
2017 is shaping up to be the year of technology.
In the middle of fulfilling their current customers’ needs, business owners might forget about bringing new ones in.
The minimum wage fight is in full swing around the U.S.
Retailers shouldn’t overlook the importance of returns during the holiday season.
A successful business strategy doesn’t stop after the holidays.