Being the owner of a small business means you have some experience with rapid business growth. One day it’s business as usual, and the next it’s wondering how to fulfill a massive purchase order for a major client. Meeting higher sales volumes means having more employees,…
Why Do Most Small Business Fail? Small business ownership is the lifeblood of the American economy with over 99% of companies being classified as a small business. Entrepreneurs take the risky leap into working for themselves, and there is a lot of passion, time, and money…
Fast Business Funding With Bad Credit Finding a business loan for your new or growing company is hard enough. With all the financing options and each option promising to be the best for your business, it can be confusing to understand exactly what your business needs.…
As a small business owner, you are faced with endless options for business funding. You’ve probably considered a bank loan, a line of credit, an online loan, crowdfunding, bootstrapping, or even a merchant cash advance. Maybe you’ve even considered receivables funding like invoice factoring. There is…
We have already talked at length about protecting your small business from predatory lending practices. We have even vlogged about confessions of judgment requirements in predatory lending agreements. Now, there is movement on the legislative front in New York for preventing COJ requirements from merchant cash…
You’ve decided to start a business. This is exciting! You have a few names bouncing around in your head and a product that you can’t wait to share with the market. Now it’s time to slow down and make this vision a reality, and a profitable…
Running your own business is stressful. It can be hard to define a healthy work-life balance when you are the owner. With all the passion, independence, and leadership roles comes stress. Yet, the majority of small business owners would do it again. So how can an…
A traditional bank loan, a second mortgage, and a Small Business Administration loan are all great financing options for your new or existing business. The catch is the high standards for approval, personal liability, and the time it takes from application to first funding. What can…
Employee retention is increasingly important to businesses both large and small. With low unemployment rates, companies are competing for both attracting and retaining top talent. It costs an average of 33% of an employee’s salary to find a replacement, and it can increase to 50% when…
Is your company’s business credit holding you back from the financing you need? Business credit is an important but frustrating part of having your own business. What Is Business Credit? Business credit is a lot like personal credit. Having a strong business credit score will open…