Access to capital remains a big problem for many small businesses today. According to Goldman Sachs, “Among small business owners who have applied for … Read more about Is Revenue-Based Financing a Serious Option for You?
New Business or Project Crowdfunding: What To Know
If you’re launching a new business or developing a new project for an existing business, you probably need money to do it right. Instead of using … Read more about New Business or Project Crowdfunding: What To Know
Growing Your Business by Bringing in Investors
If you need more capital to grow your business, you have two main options: borrow money or find investors. Borrowing is referred to as debt financing; … Read more about Growing Your Business by Bringing in Investors
Top Reasons Small Business Owners Shouldn’t Fear Taking Out a Loan
Popular belief often warns against starting a business with a loan, citing the sobering statistic that 30% of new ventures fail within the first 5 … Read more about Top Reasons Small Business Owners Shouldn’t Fear Taking Out a Loan
10 Ways to Borrow Money for Your Business Now
You may need money for your business, but interest rates are high right now. It’s been reported that small businesses are paying the most for loans in … Read more about 10 Ways to Borrow Money for Your Business Now
What to Do about Rising Interest Rates: 5 Ways to Prepare
On March 16, 2022, the Federal Reserve raised its federal funds rate (referred to as the fed funds rate) for the first time since December 2018 and is … Read more about What to Do about Rising Interest Rates: 5 Ways to Prepare
Startup Ideas for Success: Finding Money
You may have a great idea for a business. It may be just the thing to solve a problem. Maybe you’re on a mission to save the world. Perhaps you have a … Read more about Startup Ideas for Success: Finding Money
Lending Money to Your Business: What to Consider
With the pandemic waning, the time for government assistance programs ending, and the economy growing, your business may need money now. Additional … Read more about Lending Money to Your Business: What to Consider
Recovery Strategies: Show Me the Money
The famous quote from Jerry McGuire …"show me the money"… is something that many small business owners are taking to heart these days. As a result of … Read more about Recovery Strategies: Show Me the Money
