Optimism is spreading across the industry, and many business owners are aiming to take advantage by hiring more employees, offering more products, and expanding to new locations. But when it comes to growing a business, owners often cannot rely on revenue alone to make it happen.
Qualifying for a loan can be difficult for entrepreneurs who have poor credit history. Luckily, there are quite a few alternative methods to attain financing for your small business, aside from the traditional bank loan.
When new technology sprouts up, there is often a battle between two entities: old guard vs. new. Normally, the old guard will hold on to its original ways as long as possible until it has no choice but to adapt.
Depending on what kind of business you have, you might not be able to turn to a bank for money. For those for whom a traditional bank is not a viable source of capital, a merchant cash advance can be the answer.
For many business owners, merchant cash advance jargon can seem like a foreign language. With a little bit of explanation, however, you can be using the words like a pro and bantering confidently with people in the finance world.
Small Biz Club is the premier destination for small business owners and entrepreneurs. To succeed in business, you have to constantly learn about new things, evaluate what you’re doing, and look for ways to improve—that’s what we’re here to help you do.