07 22 2014

07 22 2014

Getting Resourceful: 3 Tips For Using Your Skills to Strengthen Your Business

More often than not, you have to think outside the box to succeed as an entrepreneur, and this success is about more than having a great product or service – you have to stay fresh and deliver what consumers really want to thrive. Fortunately, you have the skill set necessary to improve your company in a variety of ways, and if you get resourceful, you can take your company to new heights. Here are a few tips for getting resourceful and making the most of your time:

1. Keep dreaming

Just because you’re focused on surviving day to day doesn’t mean you should stop dreaming. In fact, allowing yourself to think big and make long term plans can keep you on your toes and help you get ready to tackle any challenges that come your way. Alex Winter, CEO and founder of Placemeter, told Mashable about the importance of thinking big in business.

“Don’t trade your ambitions for leanness,” Winter said. “Be resourceful and scrappy, but keep aiming high.”

He continued by saying that business owners should be wary of what they accept as success – instead of settling for what you have, strive to do more.

2. Make smart hires

A good business needs strong staff, and that doesn’t just amount to hiring qualified and well educated employees. Because small businesses often operate in tight quarters and focus on company culture, it’s important to find staff members who understand you, your existing employees and your business’ mission statement. Alexa Hirschfeld, cofounder of Paperless Post, expanded on this topic.

“Never compromise on the quality of a new hire in a small company,” Hirschfeld told Mashable. “If need be, contract with super talented people who you can’t hire yet to get to know them. Recognize that skill comes first and personality comes second, but if the personality is wrong, still don’t hire someone.”

3. Explore your financing options

While hiring smart staff members that fit into your company culture is important, finding the funding to take on new hires can be difficult. Your dreams, too, may be bigger than your budget, which can be problematic when trying to expand.

Approach funding logically, and thoroughly explore your resources. One option for obtaining the small business working capital you need is to contact lenders like National Funding. National Funding offers ease of access to entrepreneurs looking to make their mark in business, and offers everything from small business loans to equipment leasing and financing.

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Terms & Conditions

General Acceptance

Any applications submitted electronically shall have the same force and effect as if the application bore an inked original signature(s). The above information, together with any accompanying financial statements, schedules, or other materials, is submitted for the purpose of obtaining credit and is warranted to be true, correct, and complete.

 

US Patriot Act:

To help the United States Government fight terrorism and money laundering, Federal law requires us to obtain, verify, and record information that identifies each person that opens an account. What this means for you: when you open an account, we will ask for your name, a street address, date of birth, and an identification number, such as a Social Security number, that Federal law requires us to obtain. We may also ask to see your driver's license or other identifying documents that will allow us to identify you.

 

For Loan/Merchant Services:

The Merchant and Owner(s)/Officer(s) identified in the application (individually, an “Applicant”) each represents, acknowledges and agrees that (1) all information and documents provided to National Funding, Inc. (“NF”) including credit card processor statements are true, accurate and complete, (2) Applicant will immediately notify NF of any change in such information or financial condition, (3) Applicant authorizes NF to disclose all information and documents that NF may obtain including credit reports to other persons or entities (collectively, “Assignees”) that may be involved with or acquire commercial loans having daily repayment features and/or Merchant Cash Advance transactions, including without limitation the application therefor (collectively, “Transactions”) and each Assignee is authorized to use such information and documents, and share such information and documents with other Assignees, in connection with potential Transactions, (4) each Assignee will rely upon the accuracy and completeness of such information and documents, (5) NF, Assignees, and each of their representatives, successors, assigns and designees (collectively, “Recipients”) are authorized to request and receive any investigative reports, credit reports, statements from creditors or financial institutions, verification of information, or any other information that a Recipient deems necessary, (6) Applicant waives and releases any claims against Recipients and any information-providers arising from any act or omission relating to the requesting, receiving or release of information, and (7) each Owner/Officer represents that he or she is authorized to sign this form on behalf of Merchant.(8) I consent to receive direct mail, faxes, and e-mails sent by National Funding and its affiliates for the purposes of transmitting account updates, requests for information and notices, and (9) this request is for business and not for consumer purposes.

 

For Equipment Services:

I hereby certify: (1) the information provided is true and correct, (2) you are hereby authorized to investigate all bank, credit, and trade references, and said references are hereby authorized to release any requested information to you or your nominee, (3) such authorization shall extend to obtaining personal credit profile in considering this application and subsequently for the purposes of update, renewal or extension of such credit or additional credit and for reviewing or collecting the resulting account, (4) this information may be transmitted by us to you and by you to underwriter(s) for the purpose of granting me credit, either electronically or manually, and that by submitting this application, I take full responsibility for transmission thereof, (5) I am over 18 years of age, (6) I acknowledge my rights under the Fair Credit Reporting Act, (7) I consent to receive direct mail, faxes, and e-mails sent by National Funding and its affiliates for the purposes of transmitting account updates, requests for information and notices, and (8) this request is for business and not for consumer purposes.

The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status or age (provided the applicant has the capacity to enter into the binding contract); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. If for any reason your application for business credit is denied, you have the right to a written statement of the specific reasons for the denial. To obtain the statement, please write to National Funding Inc., 9820 Towne Centre Drive, San Diego, California 92121.  Funding amount and credit approval is subject to a full credit profile review.