As 2023 continues its relentless march, small business owners are facing a unique set of challenges as they attempt to stay afloat and remain competitive. With the constant shift in consumer demand, technological advances, and global market competition, it is more important than ever for small businesses to find solutions that can help them remain profitable and resilient. Small business …
The US economy is likely to face many challenges in the upcoming year, with rising inflation and declining consumer confidence presenting a grim outlook for 2023. Inflation has been on the rise in recent months, as government-mandated stimulus spending and an unprecedented increase in the money supply have pushed prices up across a wide range of goods and services. Fortunately, …
The challenges businesses face in our ever-growing, highly competitive world are seemingly never-ending. And it doesn’t seem it will get any easier in 2023 amidst the continuation of a pandemic and the changing landscape of the business world. No matter the industry, small business owners and entrepreneurs alike can prepare for the inevitable challenges that come from running a business. …
The Employee Retention Tax Credit (ERTC) is a significant financial relief option created by Congress in March 2020 to aid small businesses during the economic hardship caused by the COVID-19 pandemic The credit has since been expanded twice, meaning more struggling companies can now use it cut down their federal tax bill. The ERTC was initially set to expire on …
Whether you’re running a million-dollar enterprise or just starting out, it’s likely that at least one piece of equipment plays an integral role in how your business functions. If you can’t pay for equipment out of pocket, your best option may be to seek equipment financing. Here is everything you need to know about equipment financing to decide if it …
If you find yourself looking for Fast Small Business Loans, a Revolving Line of Credit just may be the answer. Owning a business often comes with challenges, including issues with cash flow and other unexpected hurdles. The appeal of a business line of credit is that it can be used for many different purposes. From unexpected expenses to covering payroll …
Your business’ bank account plays a key role in your company’s daily operations. It allows you to make deposits, send payments, pay employees, and more. As your business grows and evolves, so do your banking needs. Small business loans do a lot for businesses—and it’s more than just launching start-ups and expanding current operations. Business loans can also solve cash …
Businesses who apply for a loan through a bank can expect to wait. But alternative business loans offer a quick solution. There is nothing quick about getting a loan from a bank. Banks are going to want a lot of information about your business before lending to you. Banks minimize their risk by checking into business’s borrowing history, credit score …
All businesses need equipment to operate and may need equipment loans sooner than expected. The cost of equipment is one of the largest expenses for entrepreneurs to budget when opening a new business. New businesses often make a large initial investment in equipment and expect that their cost will be stretched over many years. With normal wear-and tear and proper …
Unsecured Small Business Loans are Available but Not Through Traditional Banks Wouldn’t it be great if your business had access to unsecured small business loans whenever you needed it? Before the 2007-2008 financial collapse, it was relatively easy to walk into a bank that you’ve been doing business with for a while and apply for a line of credit that …