Small companies must be very careful when it comes to spending, because they usually have finite resources. There are definitely good and bad times to expand your business, having to do with your own goals and the state of the overall economy. When done with foresight, spending can grow your market share and increase your […]
The Right and Wrong Times for Spending Read More
There are times when firing an employee is the right thing to do. It may sound harsh, and yes it is, but sometimes it’s truly the best option in a given circumstance. Sure, you want to do whatever you can to rectify negative situations, but there are times, when that just doesn’t work. Here are
Why Firing Might Be the Right Decision Read More
Owners of small businesses – take notice! 2016 is shaping up to be the best year in the last eight to take out a business loan. Why? Our economy is in better shape now than at any point since the Great Recession, meaning now is the time to expand your business. Interest rates remain low,
Why This Might be The Best Time to Take Out a Business Loan Read More
For many an individual and business, access to credit depends on FICO scores and the contents of credit history reports maintained at the three major credit bureaus – Equifax, TransUnion and Experian. A “pull” is a credit inquiry from a legitimate entity, made in order to check your credit. A hard pull is one that
Hard Pull vs Soft Pull Credit Checks Read More
The mere mention of credit cards can send shivers down the spine of a business owner that already has one too many payments to make. Credit cards are often the source for start-up financing, but sooner or later, business owners realize that using their personal credit card is far from the ideal choice. If you
3 Reasons to Use a Corporate Credit Card Instead a Personal One Read More
All businesses need money to stay in business. Sometimes a loan makes the most sense to get access to the necessary funds. Unfortunately, many owners of small businesses think first of banks as the source for loans. Although there’s a bank around every corner, there are also many problems lurking around those corners as well.
Why Online Lending Could Benefit You More Than a Bank Loan Read More
Let’s be clear, we’ll be talking about information security – we expect you owners of brick-and-mortar companies to have taken the obvious security steps already (video cameras, security guards, trained attack dogs, etc.). In terms of information security, the biggest concerns center around theft of credit/debit cards, identity theft, and other forms of fraud. The
NEVER Assume Your Customers are Secure Read More
You are the owner of a retail store or local restaurant and you are lucky enough to have dependable employees. Business is doing well and you are going to be bringing on two new associates. The other employees have been with the store for quite some time, and training hasn’t been a focus because you
3 “Musts” for Training your Retail Employees Read More
Some business owners fear debt, treating it as an admission that the business has problems. Nothing could be further from the truth. Debt is simply a tool. It’s neither good nor bad on its own – that’s determined by how you use it. In this article, we’ll explore three uses of credit that can improve
How Good Debt Can Benefit Your Business Read More
You sit down and you create a mission for your business. You put a lot of thought into it. You designed your business around this mission. For quite a while things seemed to be working out well. You went about your day, week, and maybe even year keeping this mission in mind. But there seems
Rethinking Your Mission Read More