Small and medium business owners are benefitting from a strong economy but, owing to a lack of qualified workers, are struggling to meet high customer demand. In Q1 of 2018, 30 percent of surveyed medium-sized businesses reported “attracting and retaining a quality work force” as their biggest challenge for the year, and it appears that problem continues unabated. In [...]
Leasing as a Small Business Companies and employees can only do so much without equipment. Whether it be computers, heavy machinery, or even just a company car, a business needs equipment to get things done. However, outfitting your small business with expensive machines or electronics won't be cheap, and as a new business, you could [...]
Grants for Small Businesses Contrary to popular opinion, the Small Business Administration (SBA) does not offer federal grants or loans directly to startup businesses. Traditionally, federal business grants are only available to non-profits, businesses engaged in government-sponsored scientific research, or local and state governments. Although there are loan guarantee programs aimed at making it easier for small [...]
Crowd sourcing can be a useful tool for business owners looking to finish a project on a budget. Here are 4 helpful guidelines to follow when you get started.
Revising the Dodd-Frank Act and keeping small business in mind could help make access to capital easier.
A man who took it upon himself to think bigger than his own ventures is bringing the entrepreneurial spirit to urban centers in the U.S.
The global recession of 2007-2008 had a huge negative impact on minority owned businesses. In the aftermath, banks are creating innovative methods to lend much needed revenue to these businesses
Small Business Funding: Lines of Credit A small business line of credit is a standard product offered by many financial institutions such as banks, credit unions, and institutional investment firms. Lines of credit can be a convenient and flexible way of financing for a small business. Is a line of credit the right form of [...]