2024 Woman-Owned Business Statistics
For decades now, it’s been a game of catch-up for women in business—and they’ve gained a lot of ground. From 2019 to 2023, the number of new women-owned businesses grew at nearly double the rate of...
View ArticleIs Your Small Business Profit Margin Good?
Quick—when was the last time you calculated your business’s profit margin? If you answered “Last week,” excellent! And if you don’t remember, you’re probably way overdue. But were your numbers good or...
View ArticleWhat Are KPIs?
Key performance indicators (KPIs) are data that measure how effectively a business is progressing towards a strategic business objective. These measurements can reveal how well teams or the business...
View ArticleMaking Sense of Commercial Real Estate Rates
Navigating the world of commercial real estate rates can often feel like a complex maze. In this evolving landscape of the commercial property market, mortgage rates serve as the compass guiding your...
View ArticleAverage Business Loan Rates: Your Guide to Interest Rates
Are you looking for a business loan to help your company? Understanding current business loan interest rates and different loan types will help you pick the loan option that’s right for you. Whether...
View ArticleThe 6 Best Podcasts for Small Business Owners in 2024
As a small business owner, you’re always on the go, tackling your ever-growing to-do list. However, you know it’s important to keep learning and staying on top of the latest trends, tactics, and...
View ArticleThe Best Free Resources for Small Business Owners
Starting a business is expensive and entrepreneurs are always looking for ways to save money. Here are some free resources and services that will help you grow as a business and a businessperson. US...
View ArticleCurrent SBA Loan Interest Rates April 2024
SBA loans can be an incredible financial resource for business owners who want to grow or sustain their companies. Understanding SBA loan interest rates is an important part of determining just how...
View ArticleFast Business Loans: Options For Quick Cash
When your business needs a quick cash infusion to deal with unexpected expenses, seize growth opportunities, or meet urgent operational costs, fast business loans come to the rescue. These loans are...
View Article5 Off-the-Wall Business Ideas That are Surprisingly Lucrative
Is it time for a career change? Do you have a unique skill set in a niche field but want to expand your knowledge into something new? Many entrepreneurs started out in their fields and saw...
View ArticleBookkeeping 101: What are Liabilities?
Balance sheets make up the core of bookkeeping. These financial records track every credit or debit for your business, noting them under assets and liabilities. Assets refer to anything that is useful...
View ArticleBest Franchises Under $10k: Which One Should You Get?
We have around 773,000 franchise establishments in this country—but what’s the draw for small business owners? Let’s look at it this way: say, for instance, that you’re a novice entrepreneur. Would...
View ArticleHere’s How to Handle Conflicting Feedback
It’s important to have people in our lives who we can turn to for advice. Examples include business mentors, trusted friends, religious leaders, therapists, or family members. Sometimes we already...
View Article8 Leadership Qualities to Develop to Be a Better Leader
Being a good leader comes naturally to some, while for others, it is a learned skill. But no matter who you are or which category you fit into, there’s always room for improvement. If you want to...
View ArticleThe Art, Science, and Finance of Buying Out a Competitor
If you can’t beat them, buy them. And even if you can beat them, maybe still buy them. When it comes to the top dogs, we’ve seen successful competitor acquisitions like Facebook buying WhatsApp,...
View ArticleHow Long Does it Take to Get an SBA Loan?
Small Business Administration (SBA) loans are some of the most desirable and sought-after financing options available for small business owners. SBA loans are known for affordable interest rates and...
View ArticleSBA Real Estate Loan Options
The U.S. Small Business Administration offers a few different real estate loans to help business owners purchase, renovate, and build properties that support their companies. There are two primary SBA...
View ArticleHow to Apply for and Get a Business Loan in 8 Steps
Obtaining a small business loan can be overwhelming, but with proper preparation and these eight simple steps, you’ll be one step closer to achieving your business goals. From defining your business...
View ArticleCan You Get a Business Loan with no Credit Check?
Starting a new business can be an exciting journey, but it also comes with its own set of challenges. One of the biggest hurdles can be securing the right funding to get your startup off the ground....
View ArticleACH Transactions: What Small Business Owners Need To Know
Even if you don’t know what ACH stands for, you’ve probably taken advantage of ACH transfers. If you’ve received your paycheck as direct deposit, sent a few bucks to a friend through Venmo, or paid...
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