Two entrepreneurs, let’s call them Mark and Luis, went to their local Business Development Center back when each of them was soon to launch a new business. In one of the workshops they attended there, they heard: “A revolving line of credit is a flexible method...
For consumers who don’t happen to have a law degree – i.e., most people – the language of contracts is typically a lot of mumbo jumbo mixed in with a sprinkling of “wherefores” and “whereases.” And all of it can be as confusing as it...
Getting financing can be a challenge for a business owner, man or woman. But more so, if you’re a woman. And that’s not just a perceived inequity; it’s an undeniable fact. “In 2014 the House Subcommittee on Small Business and Entrepreneurism published a report that said...
There may come a time in the life of a business when an owner may need additional funding. A dentist realizes he needs to upgrade his computer system to comply with HIPAA regulations. The proprietor of a salon opens the door one morning to a...
“Do what you love, and you will find a way to get it out to the world.” --Judy Collins That quotation wouldn’t be at all out of place on the wall above the home computer of any of the thousands of sellers on Etsy, the popular...
For a while now, you’ve been toying with the idea of buying a food truck. Maybe it began back when you were ten and the ice cream man-- with his popsicles and Drumsticks-- rolled through your neighborhood on a hot summer day. Or you’ve been...
Happy customers come back. Disgruntled ones take their business elsewhere. Who among us hasn’t experienced a rude clerk or waitress, and as a result vowed, “I’m never going back there”? Or the opposite – smiled all the way home from a store or a restaurant...
Let’s pretend for the next few minutes that you’re a lender. One afternoon, three business-loan applications land on your desk. One’s from Pope Francis. Another’s from Martha Stewart. And the third is from a local woman hoping to expand her day-spa business. Like many lenders, when...
If you're not familiar with the word, “Fintech,” you need to be. Given the impact it’s having on the financial industry (and on small businesses, in particular), it is quickly becoming the way the modern user has come to understand money. The word is a mashup...
A comprehensive Point of Sale (POS) system is like a cash register on steroids. In addition to giving your business the ability to accept payments, POS software provides detailed reports that enable you to analyze sales in all sorts of ways: items sold, peak periods,...