It’s no secret that starting a business has a big laundry list of items that need to be tackled. From tasks such as developing your business idea, choosing and registering a business name, deciding on a legal structure, preparing your paperwork, and the list goes on...
Every entrepreneur and business owner will make a few financial mistakes during their journey. Those who aren’t savvy in accounting often overlook the need to brush up on their financial IQ. Truth is, these little financial errors can lead to some serious cash flow...
Deciding to borrow money to launch your small business startup is a big decision. It’s the second biggest decision after deciding to start the business. Since it is a big decision, it requires much thought and research before taking the leap. There are multiple ways...
There is a common misconception that banks are the only safe way to finance small businesses. With their months long and paperwork intensive application processes, coupled with high rejection rates, bank loans can appear exclusive and alluring. However, “exclusive”...
Government agencies, banks and consumer advocacy groups have been trying to find ways to clamp down on the predatory nature and proliferation of payday and title loan businesses. However, hiding in the shadows is another growing industry that is taking advantage of...
Banks, savings and loan institutions, credit unions and other lenders work with the SBA to provide small businesses with loans structured under 7(a) guideline. Lenders are active participants in the loan application process since they are the first stop for potential...
