Having good cash flow is great for a small business, but where you spend your capital is critical to your business’ success. Spend on the wrong things, and you could be looking at a quick failure. Spend on the right things, and you’re on the road to profit and...
As an entrepreneur you’ll be expected to wear a lot of different hats, the most famed of which is the trailblazer cap. You’re expected to break new ground and offer the audience something that’ll improve their lives. While that’s true, being an...
Accounting for more than 99 percent of all U.S. businesses, according to the Census Bureau, small businesses are the backbone of the country’s economy and job market. They create many products and services used on a daily basis by consumers and other companies....
Large banking institutions remain reluctant to lend to small growing businesses, and those that do commonly have long application procedures as well as unfavorable terms that create financial pressure from the start. If you’ve been turned down for financing by a...
Entrepreneurs long for the day that their business becomes successful and scalable. It marks a turning point in your endeavor, and can represent the justification of all the effort you put into it. However, what many entrepreneurs forget is how it changes the entire...
If you own a small business, it may seem daunting to compete with a large company that has a massive marketing budget and low prices. Nonetheless, you can find ways to successfully compete with them. Flexibility Major corporations frequently have rigid plans and...
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