Favorable economic conditions make it easier than ever for individuals to secure loans with low interest rates. Also, mainstream financial institutions often look at only the past three years of credit history to approve a small business loan, making it viable for emerging entrepreneurs to tap into the funds they need to create a thriving company.
We’ve outlined three strategies to help millennial business owners become savvier about finances. These tips will help your company beat the odds and thrive for years to come.
An astonishing 20 percent of small businesses shutter after their first year, while approximately 50 percent fail in their fifth year, according to Bureau of Labor Statistics data. If you’re starting a business, consider these four things…
It is widely believed that businesses are the primary targets of check fraud professionals – especially by organized rings of criminals. As far as counterfeiting and alteration, payroll checks appear to be a favorite although all forms of business checks are targets...
Across the country, many small business owners might be thinking about the ways in which they can help their companies grow, and increase the foothold and recognition they have in their local markets.
Nationwide, millions of small businesses have joined Facebook as a means of connecting with a potentially massive amount of potential and past customers in their areas.
Many small business owners across the country may have seen the hacking attacks in the last few years that exposed payment data and other sensitive information that was supposed to be protected by major organizations.
Every small business owner likely knows full well that it takes a significant amount of sacrifice to make their companies succeed, but many are so eager to help encourage that growth that they’re willing to make significant personal sacrifices to do so.
In recent months, many small business owners might have seen some of the difficulties being experienced in the broader economy and wondered what that meant for them.
The economic recovery that followed the Great Recession has been ongoing for quite a while now, but toward the end of 2015 it started slowing down a little bit.
Since the recession came to an end and recovery has been slow but steady, optimism for the new year has become pretty common among small business owners nationwide.
When the new year begins, many polls come out asking small business owners what they think of their prospects for the next 12 months.
The health insurance situation for individuals and small businesses alike has changed dramatically in the last several years, and may have led to some disquietude among entrepreneurs as a result.
Over the past several years, the U.S. economy has improved slowly but steadily, and many small businesses have been able to reap the benefit of that.
Many polls over the last several years have shown that when it comes to the overarching success of their small businesses, many entrepreneurs are concerned about the effects that the local, state, and even federal government has on their bottom lines.
When a new year rolls around, many Americans take on resolutions about getting in shape, saving more money, or doing other things that can improve their lives considerably.
Over the last few years, the economy has taken some significant steps forward, albeit a little slowly.
Many small business owners across the country may think that a data breach can be safely filed under “Things that will never happen to my company.”
Many small business owners across the country are often diligent about many aspects of their companies, but one area where even the most observant can run into a little bit of trouble is when people are looking to rip them off.
Over the last several years, the improving economy has brought the small business community back to a strong standing.
It seems to happen every year at this point: Critical tax deductions on which millions of small businesses across the country rely every year end up being debated in Congress until extremely late in the calendar year.
Businesses large and small have been struggling to make their health care costs work for them in the last several years, in part – but not entirely – due to the rules put in place by the Patient Protection and Affordable Care Act.
The economic recovery of the last several years has been good news for small businesses in particular, allowing them to re-expand hiring after difficult times during and following the recession.
The cost of health care and insurance has been rising steadily for many years at this point, and a large number of small business owners are now really starting to feel the pinch.
Across the country, millions of small business owners may be working hard to keep their companies improving steadily, but some polls show that, when they do so, they may not actually be putting themselves in the best positions, long-term.
When running a small business, many owners may find it difficult to do even the simplest day-to-day things, because there are just so many demands on their time and attention.
Good marketing is vital to just about any business, large or small, but it’s not always available at low cost.
One of the biggest issues that many small business owners are likely to face over the course of the year is that it’s difficult to keep going as hard as possible every day for months on end.
Over the past several years, a lot more emphasis has been placed on figuring out the best ways to stamp out instances of credit card fraud, and what both card issuers and individual businesses can potentially do about it.
One of the biggest issues that many small business owners face these days relates to how they can expand their visibility in their local communities.
Creating a website isn’t going to drive traffic to your page. You’ll need to create content that search engines will love and people will want to read or view
By incorporating the extra payments into your financial plan, you’ll be able to take care of your employees while injured and protect your company from potential legal trouble.
By implementing green practices, such as energy-saving appliances and waste management programs, businesses will see a plethora of benefits.
With new processes being implemented throughout the supply chain, you may need to update the way your manage your cash flow.
Search engine optimization helps businesses reach their audiences online.
Is one work schedule better than another? Recent studies have shown that the answer to that is yes, but which one that is differs from person to person.
Employee turnover can be detrimental to your business banking account, which means you should try your best to keep employees happy.
The upcoming switch ICD-10 will require hospitals to revise their financial plans.
Becoming knowledgeable in your field will lend a hand to your credibility and expertise.
With various seminars, workshops and conventions coming up this month, you’ll need to ensure you’re prepared before you take off.
Interviews can be stressful for both you and job applicants. You’ll need to ask the right questions and listen to determine who will fit in best with your company.
With his proposed changes to the Fair Labor Standards Act, President Barack Obama hopes to ensure citizens are paid for the work they do.
If you borrow money, you’re going to have to pay it all back eventually. Learning how to manage your finances from the start will ensure you don’t fall further into debt.
So you’ve decided to start a business. Now what?
You’ll contribute your own finances to start, but once you’ve set up shop, it’s crucial to keep your personal and business banking accounts separate.
To establish yourself in your field and convince people to trust what you’re telling them, you need to produce content that will appeal to your audience.
As a small business owner, you need to work on employee retention to ensure your key players remain part of the team.
There are plenty of opportunities both online and in the community that will allow you to market your business at little to no cost. You just need to know where to look.
Approximately 79 percent of people have their phones on them at all times, so wouldn’t it make sense to have a mobile pay platform for them?
No matter who works for you or where you’re located, you’re going to have to pay your staff and that includes yourself. However, how much do you make?