Blog posts tagged with "Small Business Tips"

How to Get a Small Business Loan in Virginia

January 13, 2022
There are 783,977 small businesses in Virginia that employ 1.6 million workers and account for 46.6 percent of the total workforce in the state. Many Virginia small businesses are in industries like professional, scientific, and technical services, construction, real estate, transportation and warehousing, health care, and retail trade.

Gross Profit Formula: How to Calculate Your Gross Profit

January 11, 2022
As a business owner, it’s crucial to track and measure the financial success of your business. Naturally, most entrepreneurs agree that high revenues and low expenses are essential for growth. However, there are still other ways that “profit” can be defined.

8 Hidden Business Loan Fees to Be Aware Of Before Applying

December 14, 2021
Whether you own a startup or an established organization, a business loan can be invaluable. You can use it to fund everyday operations, equipment, inventory, marketing, and more.

The Top Pros and Cons of Securing a Line of Business Credit

December 08, 2021
When it comes to running a small business, having ample cash flow is imperative. Due to this, many business owners apply for a business line of credit. Although lines of credit can be a viable financing option, it’s important to review the pros and cons of this product prior to submitting your application.

Small Business Loans in Maryland: How to Select a Loan

November 16, 2021
There are almost 600,000 small businesses in Maryland. Some of the most popular industries in the state include healthcare, technical services, construction, food services, retail trade, and manufacturing.

5 Urgent Reasons to Apply for a Business Loan Before 2022

November 15, 2021
For many business owners, making a financial investment like pursuing a business loan is often something that gets put off.

How to Select the Best Small Business Loan in New Jersey

November 12, 2021
Small businesses make up a significant portion of New Jersey’s economy. Despite its small size, the state has over 861,000 small businesses. Some of the most popular industries in New Jersey include financial services, life sciences, pharmaceuticals, and information technology.

How to Secure a Small Business Loan in North Carolina

November 11, 2021
North Carolina is a great state to conduct business in.  After all, there are over 934,000 small businesses in North Carolina, spanning a wide variety of industries. Whether you operate in Charlotte, Raleigh, Asheville, Durham, or anywhere in between, there’s a good chance you’ll need capital to grow your organization and meet your goals.

7 Small Business Loan Criteria Requirements to Be Aware Of

October 22, 2021
When you apply for a small business loan, there’s no guarantee you’ll get approved. Most lenders will require that small business owners meet certain criteria before extending a loan offer. This is particularly true if you choose an SBA loan or traditional bank loan with more rigorous requirements.

Business Loan Agreement: What to Know Before You Sign

October 21, 2021
If you own or manage a small business, you’ll likely take out a loan at some point in time.