Every American dreams of owning their own business and while most of us will never become a large corporate, many of us can easily achieve the goal of starting our own small business. This will certainly mean a dedication of energy and a commitment over a long period of time to make this dream a … Read more
Like it or not, efficient small business accounting only happens when it is done by a professional. This may sound very one-sided – leaning towards accounting firms – but this statement is true. There are many benefits from this action. The most famous of them will be listed in this article. Most people jumping into … Read more
Inadequate funding is one of the top reasons 80% of businesses fail within the first year and a half. As a business owner, not only will you have to cover all operating expenses, but the time and effort required to be successful means you will almost certainly have to bid farewell to your day job … Read more
I am asked this question all the time. Mainly, this question comes from people I run and operate a small business with and are always doing things for themselves. The business may have few employees, may own some assets and is quite profitable. When talking with them, I always hear “I don’t really have any … Read more
The alternative may be a funding solution acquired through small business loan sources that differ from the traditional method of obtaining a loan – the “bank”. Small business owners opt for this type of loan because they have limited collateral resources and because the risk involved in their business is high. These factors really complicate … Read more
Getting a loan for small businesses is not known to be very easy – especially for start-ups. Online lenders have made it a little easier for small business owners to apply for financial funding. There are solutions for equipment financing, inventory purchases, participation in vendor programs, expansion, real estate, and more. Whatever your needs, you … Read more
Today, cash no longer rules the economy. Instead, people use credit cards to make and receive payments. Nowadays, people use their credit cards to pay for a cup of coffee at a restaurant or coffee shop. Therefore, if you are still only receiving payments in cash, you may lose a lot of customers. In this … Read more
All businesses, large and small, need commercial general liability insurance. There are many things that can put your finances at risk, and without adequate coverage your entire company can be affected. Look online to learn the laws in your state and local jurisdiction to find out the minimum amount of insurance you need, and then … Read more
Why should someone be interested in helping you for free? Government is benefited if it gives loan to start small business and that’s why it helps. Statistics show that there are more small businesses than large businesses. 0 Small businesses employ more than 50 percent of the workforce. o Small businesses contribute more than 50 … Read more
To be successful, any business needs a committed owner, strong concept, realistic goals, strategy and financing. Using your own money is usually a wise choice, but the problem with most new business owners is that they don’t have their own money. The only real option is to get a small business loan. Financing is generally … Read more