Historically, women-owned businesses have had a more difficult time obtaining credit. In fact, it’s estimated that in general female business owners are 15%-20% less likely to be approved for financing, and the businesses that are approved receive about 80% less capital than men do. And while online loan companies have their own scoring models which […]
Sole proprietorships are the most common type of small business in the United States because they are the simplest structure for business owners looking to start and operate a business. If you own a sole proprietorship, the business belongs 100% to you, but you are also 100% liable for anything that happens to your business. […]
Updated June 1, 2020 Starting a business can be one of the most monumental decisions you will make in your life. There are many important and complex decisions that come with starting your business and getting off on the right foot. One of these decisions is to use a DBA. What is a DBA? A […]
Taking a loan for your small business might be the biggest decision you have ever made. It’s important to get your facts together and make the best possible decision. Whether you are borrowing to save, sustain, or grow your business, you need to know these rules. This article will take you through the following proven […]
When it comes to public speaking, your small business might seem like a safe zone. You feel very comfortable in the presence of your team, and whenever you have important news to share with your customers, you do it through email newsletters and other content marketing efforts. There’s no need to stand up in front […]
As a small business owner, deciding to expand is an exciting prospect. A successful expansion of your business can improve profit margins, create a competitive advantage, and create more jobs in your community. As exciting as it is, expanding your small business also comes with its challenges. If you’re not preparing for these potential pitfalls, it could […]
6 Essential Resources for Franchising Your Business Franchising your business can seem like a massive undertaking. Fortunately, there are plenty of franchise resources available to help new franchises get off the ground, from industry associations and trade shows to educational publications and consulting firms.
Franchise Sector Shows Job Growth for February, Says ADP Report smallbiztrends.com – U.S. private sector franchises continue to drive employment, according to the February 2016 ADP National Franchise Report, produced by human resources management solutions provider ADP in conjunction with Moody’s Analytics. The report found that franchise sector 2016 job growth in the U.S. was up […]
Business does not run without the necessary cash flows to support daily operations. Make working capital work for you with these tips.
Even the best businesses can struggle if the community is unaware of what they offer. To succeed, you have to get yourself out there.
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