When starting a small business, there are a lot of details to think about. How big of an office do I need? Should I get a second cell phone just for the business? Do I really need a business credit card when I already have three personal ones? This article won’t help you answer the first two questions, but without a doubt, you should apply for a small business credit card right away. Continue reading
Is your business growing so rapidly that you have to put nearly every cent back into it instead of giving yourself a raise? If you are like most small business owners, you take as little salary as possible so that your business can succeed. While it’s wise to put money back into your business, you still need to keep a roof over your head and food on your table. However, you should consider getting a business line of credit so that you’ll have money to use to help your thriving company. Continue reading
Obviously it’s always wise to draw up a contract, but what if Grandma hands you a check for $1,000 and tells you to use it for your business? She’s not being clear if it’s a free and clear gift or a loan which she wants paid back. And by when? How much interest? With a small business loan, you’ll have all the details clearly laid out prior to taking the loan. Continue reading
Women are opening more businesses than ever before and Small Business Administration (SBA) loans for women make it easier to get started without a lot of cash. Many of the new entrepreneurs are moms who want to add to their family income but don’t have a lot of money to invest in starting a business or women with day jobs who just don’t have time to go to a bank and get a traditional loan. Continue reading
As part of the U. S. Small Business Administrations (SBA) vision to promote and support the development of small business, it offers a number of small business loans programs specifically designed to meet the capital needs of growing small businesses. One such program is the 504 SBA loan. Continue reading
