, , , , ,

How to Build and Improve Your Business Website

Updated June 30, 2020 Creating a business website is one of the most crucial ways to build a brand and market a product or service. A business website will help spread awareness for your business and give consumers a chance to learn more about what you do. Even if you don’t plan to sell your […]

, , , ,

Small Business Marketing: 11 Ideas and Strategies to Market Your Small Business on a Budget

Updated June 16, 2020 As a small business, efficient marketing is critical. Most small businesses do not have comparable budgets to large corporations, despite having to compete with them for the same customers. However, by taking advantage of free marketing solutions you can drive significant demand without fronting a large cost. Below, we highlight 11 […]

, , , ,

Cash Flow Statement: What You Need to Know

Updated June 10, 2020 One of the most important things to understand while running a small business is the concept of cash flow. After all, it is critical that businesses have enough money flowing in to keep up with expenses and fund growth. Below, we outline the fundamentals of cash flow statements as well as […]

, , ,

S Corp vs. LLC: What’s the Difference?

Updated June 1, 2020 Choosing a business structure is a big deal as the entity type you choose can have a large impact on your business. S Corps and LLCs are two of the most popular options but choosing the best corporate structure for your business requires you to understand the differences between the two. […]

, , , , ,

Profit Margin

Updated May 21, 2020 Profit margin is one of the most commonly used profitability ratios, which is a basic measure of how much money a business, service, or product makes. Expressed as a percentage, profit margin is essentially how much money a company makes per transaction. In general, the higher the profit margin, the more […]

, ,

5 Things Every Small Business Owner Should Know Prior to Securing a Loan

5 Things to Know Before Getting Business Financing

Small businesses are often referred to as the engine of our economy, driving as much as 64% of new private-sector jobs in the United States. When small-business owners face the dilemma of obtaining financial backing to sustain operations, expand the business, or purchase inventory, they frequently turn to small-business loans. Nearly three-fourths of all small […]

, ,

Credit Score Isn’t The Only Factor to Focus on When Applying for a Business Loan

Credit Score Factor in SMB Lending

In order to obtain a business loan, many (if not most) loan providers will take a hard look at your credit score. That makes sense since your personal credit score and your business credit score are fairly strong indicators to lenders as to whether or not you’re a reliable borrower. Your credit score(s) will serve […]

,

The 4 Worst Reasons to Take Out a Business Loan

worst reasons to take out a business loans

By Ben Goldstein Before you take out a loan for your business, you have to ask yourself one question: Will this money help my business grow? If the answer is yes, you’re golden. But if you’re only looking to sustain a sinking operation or slap a band-aid onto a larger financial problem, then getting yourself […]

, ,

Three Ways to Fund Your Small Business Without Collateral

Business Financing Without Collateral

By Berrak Sarikaya, Lendio Lending money can be a risky business, which is why most traditional lenders require borrowers to put up collateral for a loan. Collateral is simply a valuable asset, such as your house, car, or even a savings account in your name. In the event you’re unable to pay back your loan, […]

,

Is A Short-Term Loan The Best Fit For Your Business?

When unexpected life events happen, sometimes you’re prepared and sometimes you’re not. As a small business owner, not only are you handling the curveballs that life throws your way, but also the unexpected challenges of business ownership? What happens when you’re not financially prepared for these situations? If you’re a small business owner, cash flow […]