According to statistics, around 80 percent of entrepreneurs fail within the first 18 months. The few that are left to succeed do so simply because they have the resources to keep their organizations running. Yet, that doesn't mean the company will last forever. In fact, many go out of business within a few years. Still, one of the most critical...

One major factor that can significantly improve your profits and client list is digital marketing. This landscape is constantly evolving, so you want to ensure you have the right strategies in place. If you're planning to cut your digital marketing budget, then you would be part of a 2 percent minority according to this GetResponse survey. In fact, a CMO...

Managing costs can be difficult for a small business owner. Of course, you should be focusing on sales, but that can be difficult when you’re juggling multiple roles. The other major factor for business success is reducing expenses in order to maintain or increase profitability. Running a small business is like having several full-time jobs. Tasks such as sales, marketing,...

Large banks are usually the first choice when a small business owner needs a loan. To get approved a business must present a strong financial picture in addition to a strong credit score and collateral, if the banks deems it necessary. Many small business owners and merchants may not meet the requirements for a bank loan but a merchant cash...

Small business owners should know the available loan options when finances are needed for unexpected costs or business expansion. Large banks offer secured loans to business owners while alternative loan companies offer unsecured loans. Small business owners and merchants can apply for secure or unsecure loans so it is important to know the difference. 1. SECURED LOAN A secured loan...

Choosing an alternative business loan provider can be difficult for small business owners. The pressure of securing the best loan can seem overwhelming on top of the everyday challenges of running a business. In order to secure the best loan, business owners should ask prospective loan providers three critical questions. 1. WHAT ARE THE COSTS? Alternative business loan providers offer...

Small businesses are the backbone of the American economy and to support these businesses the U.S. Small Business Administration (SBA) provides a range of loans to business owners. In addition to larger loans up to $5 million offered by the SBA, micro-loans up to $50,000 are available for working capital, furniture, equipment and supplies. But what if you do not...

Small businesses and merchants are in constant need of financial assistance and while the cost of business continues to increase, sources for additional finances are increasingly dwindling and difficult to obtain. In turn, small businesses are constantly challenged with finding funds for new developments or forgoing business needs altogether. Alternative small business loans provide business owners and merchants the funds...