The coronavirus pandemic has upended the U.S. economy — and life as we know it. Unfortunately, this means many local businesses are suffering because they can’t continue to provide services and products to their customers. Local businesses […]
If you’re looking for inspiration on how to start an eco-friendly business, there are green business ideas that you can consider. With climate change at the forefront for many, this Earth Day could be an […]
As we flatten one curve, the challenge to flatten another hits us head on. The strategy to fight Covid-19 has created an economic shock unprecedented in our history. With the rise of globalization, a laser […]
Most small business owners affected by the coronavirus pandemic can apply for federal loan relief. The Paycheck Protection Program (PPP) loan and Economic Injury Disaster Loan (EIDL) both have low interest rates and portions that […]
Despite the news that loan relief with extremely low interest is on the way, it’s unclear if it’ll be enough to save entrepreneurs hit hard by COVID-19. A new LendingTree survey of more than 1,200 […]
Running a small business can be rewarding, but it can also be challenging even in the best of times. With the uncertainty surrounding the coronavirus (the virus that causes COVID-19), many small business owners are […]
Whether you’re a freelancer, the owner of a startup or someone who runs a more established business, getting a small business credit card can help you manage your business’s finances and earn rewards. However, applying […]
As the COVID-19 pandemic forces many U.S. colleges and universities to move their courses online, connecting online via video is now having its moment. Family, friends, neighbors and even TV talk-show hosts are now meeting and broadcasting from home. […]
As a response to the coronavirus pandemic, multiple banking regulators, including the Federal Reserve and the FDIC, are urging banks to consider lending small personal loans to consumers and businesses, in a joint statement released […]
The outbreak of coronavirus (COVID-19) has affected the global economy, including the housing market and mortgage industry. Coronavirus has put millions of people out of work, unable to afford their mortgage, and at risk of […]
I not only grew up in a family business and watched my Dad dip into the equity in our home when he was short on cash, there was a time or two when I felt […]
Business acquisition loans can include multiple types of financing, including the 7(a) loan from the Small Business Administration, term loans, startup loans and equipment financing. They are essentially small business loans that can be used […]
Small business owners impacted by the coronavirus crisis may want to consider an SBA Economic Injury Disaster Loan. These loans are attractive for several reasons, including: Low fixed interest rates: 3.75% or 2.75% for non-profits […]
Small business owners take on a considerable amount of responsibility. Beyond serving clients, they must also take care of all the minutiae of running a business, including keeping track of expenses they can deduct as […]
Business owners around the U.S. may have just had their identities compromised by the SBA site designed to help them. If you had trouble accessing the SBA.gov site the past few days to apply for […]
If you’re an entrepreneur looking to become a small business owner, one of the first things you’re going to have to decide on is how to structure your company. Business structure options include sole proprietorships, general partnerships, […]
Statistics show that 10% of small business owners don’t invest in any form of marketing and that nearly 50% of owners spend less than two hours per week on their efforts. However, a well-constructed marketing strategy can help […]
The past decade has been rough for business spreadsheets. First, the London Olympics accidentally sold 20,000 tickets to a swimming event that could only accommodate 10,000. According to The Telegraph, “a member of staff made a […]
As a small business owner, making sales is critical. However, finding the balance between “successful” and “annoying” can be challenging, especially if you don’t have much experience working in sales. HubSpot research shows that 50% of prospects […]
As a small business owner, you must understand how relevant a product’s price can be to its success. There is a lot of psychology that can go into pricing. How customers perceive a price can be as […]
This year is proving to be financially challenging for many folks. Many are losing their jobs and/or large chunks of their retirement savings due to coronavirus concerns. While things may be rough in the short-term, there […]
Whether you sell a good or a service, it’s no secret that pricing is a crucial component to running a business. Not only does the proper pricing of goods affect the amount of money coming […]
A perfect payment history on a student loan is a powerful thing. It could help you qualify for cosigner release with your private lender. Better yet, it could pave the way for student loan forgiveness via the […]
As the news about coronavirus and the disease it causes, Covid-19, becomes more serious by the day in the United States, I was reminded of that old quote from children’s television host Fred Rogers. His […]
Trying to run a business without managing cash flow is like trying to paddle a boat without an oar. Even if you succeed, it will be an upstream exercise guaranteed to wear you out. Not to mention, […]
More than half of the American labor force is paid hourly, and for those workers, the minimum wage mandate under the Fair Labor Standards Act is an important part of protecting their salaries. At a […]
President Trump’s instruction to the Small Business Administration to make $50 billion in SBA loans for COVID-19 available to small businesses impacted by the coronavirus may not only be good for Main Street, it’s potentially […]
There’s no denying that baby boomers have more life experiences than Gen Z. But this doesn’t mean boomers have nothing to learn from the younger generation. By understanding the money decisions of Gen Z, baby […]
If you’re a small business owner, the days of using paper timesheets are gone. Today, many business owners use time-tracking software to track employee time. Converting to a mobile time card app could do wonders, […]
The IRS audited close to a million tax returns in calendar year 2017. This was about .5% of the total returns filed. While this is a pretty small number of audits, being audited is no […]