One of the most popular uses for an SBA 7(a) loan is to obtain adequate working capital for a start up or a long-time business. No business can operate without the necessary funds for hiring employees, purchasing inventory, and advertising.... Read More
Many small businesses have found themselves in the uncomfortable position of receiving a major purchase order from a large company, but they could not fulfill the order because of the huge initial costs involved. This can cause you to lose... Read More
There’s a lot to learn about real estate investing when you’re first starting out. It’s much more complicated than investing in the stock market because of all the legal implications, the financial nuances, and the due diligence which is required.... Read More
Small businesses are an important part of the American economy. Not only does it provide individuals with the opportunity to make a life they have always wanted, but it contributes to local economies in important and impactful ways. In fact,... Read More
Being an entrepreneur can be a fun, exciting venture. However, it is common for people new in entrepreneurship to make mistakes that can keep them from achieving their goals successfully. Here are some tips that can help you be more... Read More
The idea of organizational culture may seem a bit nebulous and may feel uncomfortable or “touchy-feely.” Yet, it is real, and a healthy organizational culture is incredibly important for enduring success. What Is Organizational Culture? Culture in an organization is... Read More
Most business owners need to purchase at least one piece of large equipment that they don’t have the funds to buy outright. Whether it is computers, vehicles, farming equipment, or another valuable asset, obtaining a loan large enough to cover... Read More
Most business insiders agree that there is tremendous potential to generate income in the field of commercial real estate. However, the most important aspect of achieving success in commercial real estate is not so much a matter of finding ideal... Read More
If you need a business loan but don’t have a relationship with a bank, or you’re a new business, you may have trouble getting a traditional, long-term business loan from a typical bank. That’s when you should consider an alternative... Read More
The business structure that you choose for your new small business makes a big difference with how you pay taxes, the amount you pay, and your personal liability should a customer or creditor sue you. Below we outline the various... Read More