What Does the Stimulus Bill Mean for Small Businesses?
Though this is a difficult time for small business owners, there are several bright spots on the horizon that could affect your business in a big way. One of those is the stimulus bill, also known as the CARES Act, that was passed through Congress last month and signed into law on March 27. While not […]
Unsecured Business Loans & Funding vs Secured
When it comes to financing your business, one of the most critical decisions is choosing between secured and unsecured business loans. Both options offer unique advantages and disadvantages that can significantly impact your business’s financial health. In this guide, we will delve deeper into the world of secured and unsecured business loans, providing you with […]
Back to School Business Funding
Kids and teens aren’t the only ones with back to school needs, business owners are searching for back to school business funding, too. Back to school business funding is a loose term that refers to the end of summer needs that business owners have. Seasonal business owners often find, depending on the industry, that their […]
How to Get a Business Loan with Bad Credit
If you have a less than perfect credit score you are not alone. The Small Business Association cited a recent report showing that of all of the business owners seeking funding, 63% of them targeted banks. Of that 63%, only 27% were actually successful in getting a business loan. Even small business owners with a golden credit rating are […]
Will Your Business Survive the COVID Closures?
No matter how successful your business was before the COVID-19 crisis, many business owners are struggling to adapt to this new world and the realities of the current marketplace. If this sounds familiar, you shouldn’t beat yourself up about it. The COVID pandemic was an unprecedented global event that took the nation by surprise, and […]
How To Prepare Your Business for the Coronavirus
With the global spread of the new coronavirus, COVID-19, many small business owners and managers are wondering what they can do to keep their employees, clients, and themselves safe from infection. Though there is still a lot of uncertainty involving COVID-19 and a lot more research needs to be done on the virus, there are […]
How Does The Prime Rate Change Affect Small Business?
It’s official, the Fed recently lowered the prime rate, and many are wondering: how does the prime rate change affect small business? It seems like every financial act impacts small businesses in some way, for better or for worse. Here’s what you need to know about the prime rate change and how it affects small business. […]
What To Do When Hurricane Headed Toward Your Business
The 2019 hurricane season is predicted to have a slightly above average season with 12-14 storms, according to the AccuWeather forecast. Business owners in areas affected by hurricanes should take normal precautions, but to many, the level of “normal precautions” varies widely. Hurricane season is designated as June 1 through November 30th. Within these months, strong […]
SWOT Analysis: What Is It And How To Use It
No matter what stage your business is at, a SWOT analysis can help you strategize and develop your business plan. Why? A SWOT analysis is a compilation of your company’s strengths, weaknesses, opportunities and threats. It may seem like it’s a way to figure out what you already know, but if done correctly, a SWOT analysis can […]
Renegotiate Your Business Lease
In the wake of the COVID-19 pandemic, many business owners are searching for ways to save on their expenses. Renegotiate Your Business Lease or getting a rent abatement are some options, cutting back on inventory, automating operations, or downsizing your staff, entrepreneurs across the nation are having to make some tough decisions about how to navigate through […]
