It’s a difficult time for small business owners. As the coronavirus crisis has disrupted business operations, more banks are tightening their standards for lending, making it harder for small businesses to access crucial capital. While the Coronavirus Aid, Relief, and Economic Security (CARES) Act established several temporary programs designed to provide relief to businesses during […]
5 Simple & Smart Ways to Finance Your Business Even During Hard Times
Starting a business is exciting, even during uncertain times. But no matter what industry you’re planning to enter into, you’ll need money to make it happen. There are dozens of ways to finance a new business, but some of them are better than others. Here are five proven and easy ways to get your business […]
Are Businesses Looking to Decrease Dependency on China in an Increasingly Troubled Market?
Economists originally predicted that the so called US-China trade war would have little impact on small-to-medium sized businesses. Once a trade deal was in place, they announced everything was over. Nevertheless, a great deal of damage had been done and business owners started to suffer. Almost immediately afterward, the aviation industry was hurt by the […]
Crowdsourcing for Small Business: Genius or Madness?
Crowdsourcing has been both a success and a failure for my business. I love my new logo design but am disappointed that I failed to raise startup funds. Benefit from my experience and get valuable crowdsourcing tips in this article. Throughout this process, I’ve learned valuable lessons on how to increase the likelihood of positive […]
6 Places to Find the Right Investor for Your Startup
One of the biggest myths I have found in the entrepreneur community is that every startup needs one or more outside investors for credibility and success, and perhaps is even entitled to at least one. They don’t realize that according to statistics from Startup.co, almost 60 percent are funded with personal savings and credit, and another […]