Small business owners looking for financing have probably come across the United States Small Business Administration or SBA. If not, SBA loans are well worth looking into. They’re often a secondary stop after being turned down by a bank or private lender. There...
Here’s a thought exercise you can try the next time you’re visiting a new city: take a deliberate look at the urban landscape and compare it to where you live now or even where you grew up. Do you see distinct districts of office space and residential? Or, do you find...
Summer is right around the corner, which means we’re entering the height of construction season. Understandably, most construction projects kick off once the ground has thawed and there’s less chance of precipitation. In northern or mountainous regions where ice and...
Statistics show that in five years, half of the small businesses started today will no longer exist. That’s only a 50% survival rate in the first five years. But whether these businesses succeed or not relies on much more than the flip of a coin. If you’re starting a...
Any small business owner knows that it’s not always easy to get funding, especially when it comes to taking out a loan. Although small businesses vastly outnumber their big business counterparts when it comes to the national economy, they often struggle more. Due to...
Every business owner should have a good grasp of working capital, both in concept and practice. In broad strokes, having too little working capital can doom a business to failure but having too much isn’t great either. An overabundance of working capital means you’re...
