There are certain things that one must know before they jump into the bandwagon of millions of new businessmen trying to make it big out there. There are certain steps and factors that have to be put in place, on the fulfillment of which, one...
In the world of banks today, small business owners often feel like the Rodney Dangerfields of loan applicants. They “get no respect,” to borrow that comedian’s old catch phrase. Since the Great Recession especially, banks have pretty much bowed out of funding small businesses. Too...
“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...
“Success breeds success,” motivational speakers at business luncheons like to say. When a company regularly turns a profit and gets rapturous Yelp! reviews, it’s only natural for the person in charge to consider the possibility of cloning that success at a second location. And why...
There’s no denying that in the restaurant business, menus are important. Not only do they outline what's available for customers, but they set the atmosphere for your establishment: cheeseburger or filet mignon? Casual eatery or fine dining experience? In this article, we’ll attempt to do...
Short term loans are often the answer to the question, “What’s the best way to meet these expenses?!!” Notice the exclamation points? They’re there because it’s not unusual for that question to be asked by an anxious business owner in the midst of a stressful...
An available credit line is excellent insurance against the unexpected expenses every business is likely to encounter from time to time: A pipe bursts in the warehouse. A major client is late with a payment. A computer crashes. Stuff happens. But with an approved line...
Imagine this: The holiday season is fast approaching and you need to hire extra help. Or the main oven in your restaurant’s kitchen suddenly stops working and if you want to stay open – and you do – you‘ll have to replace it fast. Or...
“When businesses get help, their success rate is 80%; when they don’t, their failure rate is 50% - 80%,” says Claudia Viek, CEO of the California Association for Micro Enterprise Opportunity. And it’s facts like that that underscore the importance of a business being able...
If you’re in business or plan to be, decisions about acquiring equipment come with the territory. Not just what to buy, but also what to consider when making a purchase. In the big picture of things, does an investment in say, a shiny, new, big-ticket “Thiga-magig...