The small business financing marketplace is changing. Years ago, the only financing options were conventional loans obtained through banks, but today small businesses have multiple options from many different types of lenders. To help you sort through some of your choices, here are four different types of lending, with pros and cons for each:
Cyber security is a real concern, and should be a top priority for organizations nationwide. As breaches and fraudulent acts occur in the headlines, you should focus your efforts on understanding what cyber security is and how you can protect your business from similar attacks.
Your business income statement, also known as the profit and loss statement, reports the revenues you earned and the expenses you incurred for a given period – usually a month, quarter or year. There are actually a few different ways of how to prepare an income statement, depending on your type of business –manufacturer, merchandiser or service provider.
While running a small business, it is understandable if you fall into a routine. Your business runs like a well-oiled machine – or so you may think. Although it is important that you find consistent techniques for conducting business, you may be doing your business a disservice by not reassessing certain areas of your business. Specifically, how different aspects of your business are affecting customer retention.
The election of Donald Trump and the Republican majorities in both houses of Congress has created an air of uncertainty regarding small business regulations in 2017. On February 24, the president issued an executive order requiring agencies to review and repeal all regulations considered “burdensome” to the economy.
Did you know that March is National Credit Education Month? As a business owner, your business and personal credit scores may affect various aspects of your business.
Believe it or not, summer will be here before we know it! That means that school is out, and many students will be on the hunt for an internship.