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SBA Loan Defaults Mirror US Economy, Consumer Tastes

For small business owners getting approved for a U S Small Business Administration loan means low interest rates and long terms but it doesn t necessarily mean success A recent study by NerdWallet found that 160 1 in 160 6 SBA loans defaulted in recent years An analysis of Source
Posted On 06 Oct 2017

What to Do If You Can’t Pay Back Your SBA Loan

You took out a U S Small Business Administration loan to grow your business and had every intention of repaying it But you ve experienced some hardships and sales are weak You can t make payments and are now facing an SBA loan default which would likely spell doom for your Source
Posted On 06 Oct 2017

6 Tech Companies That Are Changing The Way We Think About Marketing

Technology plays a large role in how brands interact with customers today. From social media to wearables, marketers and consumers now have access to new exciting ways to communicate. Now that so much can be automated, businesses have more productivity tools than ever, but...
Posted On 06 Oct 2017

Stories From Entrepreneurs in SBA’s Most-Funded Businesses

For the small business owner seeking financing a bank loan backed by the U S Small Business Administration is the holy grail With APRs from 6 5 to 9 and terms ranging from seven to 25 years the loans can be used to cover a 160 variety of small business needs new equipment Source
Posted On 06 Oct 2017

The 9 Money Mistakes Millennial Entrepreneurs Make That Destroy Their Businesses

As a young, millennial entrepreneur who is inexperienced in the ways of managing and growing a business, one of the  biggest challenges  involves managing money and making smart financial decisions. In fact, it’s the mistakes and errors made in this area that come back to hurt...
Posted On 30 Sep 2017

6 Myths About Entrepreneurship

We hear the stories about entrepreneurs. How great the life is. And it can be pretty great. But it’s not always sunshine and rainbows. In fact, there are myths about entrepreneurship that make it seem more glamorous than it really is. Before you decide to jump in and  give over...
Posted On 30 Sep 2017

3 Ways to Get Your Business Up and Selling on Amazon

Selling your business s products on Amazon carries one huge benefit expanded reach The e commerce giant has more than 310 million active customer accounts worldwide and accounted for 43 of all online retail sales in 2016 according to market research firm Slice Intelligence You Source
Posted On 30 Sep 2017

Could Blockchain Save Your Business Money?

If you are familiar with the term “blockchain” then you are ahead of some people.  Blockchain uses cryptography  to create a digital record of transactions. These monetary exchanges are secure because they are decentralized. To put it more simply, transactions involving money are...
Posted On 26 Sep 2017

How Business Owners Can Financially Prepare For Emergencies

Emergencies are not a matter of if, they are a matter of when. That’s why business owners need to know how to financially prepare for emergencies. In the wake of Hurricane Irma, I’ve seen a lot of business owners freaking out. They lost money due to not being open. They are...
Posted On 24 Sep 2017

What Its Really Like to Be an Entrepreneur

The entrepreneurial spirit long has been part of American society, but in the past few years, entrepreneur-mania seems to have taken hold. If you turn on the TV, you’ll see series such as “Shark Tank” and “Hatched” devoted to startups. And if you ...
Posted On 22 Sep 2017