As a busy business owner, it’s easy to get bogged down with the day-to-day responsibilities required to run a successful business.
There are generally two types of small-business owners. One type plans to stay in the driver’s seat as long as they can.
While it would be nice to walk into your local bank, pitch your business, and walk out with a loan, lenders usually don’t work that way – and for good reason.
Sometimes businesses may have a good product, a great team and loyal customers – and still fail. One of the reasons that this can happen is because a business owner did not consider key legal questions when starting out.
Here come the holidays! Are you and your business prepared? Scaling for a busy season is always stressful but there are strategies to get your small business up to speed and ready for success.
Are you a small business owner ready to grow? Perhaps you need to launch new marketing initiatives, hire additional staff, purchase equipment or simply shore up cash flow.
Compensation is top of mind for entrepreneurs. BizBuySell recently surveyed entrepreneurs asking why they want to start a small business. Fifty two percent reported that they were seeking better income opportunities.
When asked how your small business is doing, the best way to show success is with a balance sheet.
Are you considering crowdfunding to help launch or grow your business? At first glance, this sounds like an easy and exciting strategy to fund your dream.
Have your sales hit a slump? There are a few simple strategies you can use to increase profits and attract new customers.
When you apply for a small business loan, you’ll be asked to produce a number of documents. One that’s reviewed closely by lenders is your profit and loss statement (P&L).
A lot of small business owners we work with feel that the underwriting process for a bank loan is a black box that is impossible to peer through.