Funding Your Business: Investors

Whether you’re trying to open a new small business or have been a business owner for years, a common factor in success is money. Investors can be a good source of financing for your business. Regardless of the stage your business is in, an investor can help you with your…

Growing Your Business: Tips from Industry Titans

You opened your business with a strong vision but the road to success isn’t always easy. Especially if you’re struggling to grow due to: Tough competition Evolving markets New technology Employee turnover The good news is you don’t have to find ways to grow your business all on your own.…

5 Business Funding Mistakes You Could Be Making

As a small business owner, you aim to run your business efficiently. You focus on your business’s finances and make sure they’re in order. But cash flow issues can quickly spiral out of control. And in the worst-case scenario, it can close down your business. In fact, 29% of businesses…

Make Your Seasonal Business Work All Year Long

As a seasonal business owner, you already know the highs and lows of seasonality can get stressful. In fact, you face challenges other businesses don’t have to worry about, such as: Saving enough to pay for utilities, employees, and other business expenses during your off-season Managing your inventory through your…

Fund Your Business Through Crowdfunding

Funding your business can come about in different ways. You can go the traditional route – save up money, raise the money through some investors, or work with a bank to secure a loan. You can also be a bit creative with your business’s funding. Crowdfunding is a way to…

Grow Your Business by Finding Your “Niche”

If your efforts to expand your business have fallen short, consider finding a niche. Niche markets are small, focused target markets that you can go after directly. Some examples of niche markets include: Fitness niches such as muscle training for adults over 50 Home repair niches such as house flippers…

Ways to Fund Your Business Using Loans

From term loans to a Small Business Administration (SBA) loan, small business owners have many options to look at when thinking about financing. A loan can help you open the doors of your small business, purchase an expensive piece of equipment, or fill the gap in your cash flow. Taking…

When Can You Quit Your Day Job?

Starting a small business requires a lot of effort, time, and resources. It’s not uncommon for small business owners to still maintain a full-time job while operating their company on the side. But how do you know when you’re in a good enough position to quit your day job? You…

When is it Time to Hire Employees?

Starting a business isn’t easy. Growing it by yourself is even harder. This means that as a small business owner, you’re going to need to create a new job and hire at least one employee at some point. In fact, small businesses accounted for 1.9 million new jobs in 2018.…