With the abundance of security breaches recently, internet and data security should be at the top of your list – not only for the safety and privacy of your business, but for that of your customers. Stay Safe Online, powered by the National Cyber Security Alliance, offers the following tips on protecting your small business and […]
We wanted to share this great infographic on what small businesses really mean to the American economy, found on Entrepreneur, created by business management software firm Sage.
You already know that IOU Financial uses cash flow, as well as other data, to determine the amount you will be funded. But did you know that part of that data is your online presence, such as Yelp! reviews? Not responding to negative comments on review sites can be detrimental to your overall online presence, and […]
Last month, a subcommittee on Economic Growth, Tax, and Capital Access held a hearing titled, ”Where Are We Now? Examining the Post-Recession Small Business Lending Environment.” As I listened to witnesses explain to our policymakers the current state of small business lending in our country, I realized just how deep the REAL problems are. For […]
For small business owners, understanding repayment terms before applying for a loan is critical. For instance, most lenders offer pre-computed interest rates, which means they calculate the interest payment for the entire length of the loan and add it to the principle when the loan is issued. And yes, this does provide a clear picture […]