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An official day for small business owners

Labor Day began as an idea in the mind of a 19th century labor leader — some say Matthew Maguire, others say Peter McGuire — who cared greatly for a very important segment of the marketplace, its workers.  Regardless of paternity, such a day was first celebrated on Tuesday,...
Posted On 14 Sep 2016

When Should You Use an Online Lender for Your Small Business?

If you’re looking for funding for your small business, it can be overwhelming given the number of options available. On the one hand, banks usually offer the best annual percentage rates (APRs), the largest loan amounts and the longest terms, but their loans are difficult to...
Posted On 14 Sep 2016

Small business lessons from big business mistakes

Here is a true story from which several business lessons can be learned. A while back, I needed to reach a friend who worked in the local office of a national company. Searching online, and yes, even the phone book, I found only a toll-free number that connected to an answering...
Posted On 30 Aug 2016

Should Your Small Business Accept Credit Card Payments?

Credit card payments in the United States are on the raise. More and more consumers are signing up for the little pieces of plastic and using them as their main method of payment. This is in part due to banks making  rewards better and better for cardholders. If you’re planning...
Posted On 14 Aug 2016

3 Early Signs Your Business Is Going To Fail

My friend, entrepreneur Marc Kramer, has started about 20 businesses. Some have succeeded, others have not. Among his start-ups, I asked him if he got signals early on that he had a clunker on his hands, and if so, what the signs were. Generally, he said, he knew within about 120...
Posted On 14 Aug 2016

How Your Hobbies Can Make You Money in Retirement

If you’re looking to generate extra income during retirement , you might want to explore ways to make your hobby into a more profitable venture. After all, hobbies are the things you choose to do — activities that, in most cases, you’d happily do for free. And pursuing a...
Posted On 12 Aug 2016

How to Hire for Your Small Business

You should be asking yourself a few questions before you begin the hiring process for your small business. Why have you decided to hire someone? Does this reason highlight a fundamental problem within your business? Will hiring someone help you with your long-term goals? Can you ...
Posted On 10 Aug 2016

Three new reasons to expand your market horizons

More than ever, 21st century small businesses have reasons and resources to expand opportunities beyond local markets, including international trade, and specifically exporting. Yet even though 97% of all U.S. exporters are small companies, only a fraction of that sector are...
Posted On 10 Aug 2016

The Biggest Differences Between Traditional Lenders and Online Lenders

Small businesses have historically struggled to qualify for loans from banks due to their more stringent requirements. As a result, online lenders have become popular alternatives to help fill this funding gap. Though traditional lenders and online lenders offer similar products,...
Posted On 06 Aug 2016