Owners of businesses in all types of industries are looking for small business loans. Even Business Week online features an article focusing on the problems restaurants are facing during these times and the things they are doing to cope. “For the past several months, restaurant owners have begun to deploy a host of [...]
Bad credit business loan. The name itself sounds too good to be true doesn’t it, especially in today’s economy where banks are wary of lending to each other let alone a small business owner with a measly 740 credit score.
This may sound extreme, but it is the truth. It’s almost a catch-22, because [...]
As consumers become more aware of their spending habits and cut back wherever they can, high-end retailers are feeling the pinch. The tough economic times are causing more consumers to shop at discount stores in order to get more bang for their buck. Stores like Wal-Mart and 99 Cent Only Stores flourish while [...]
A payday loan (also called a paycheck advance or payday advance) is a small, short-term loan that is intended to cover a borrower’s expenses until his or her next payday. Typical loans are between dollar100 and dollar500 and are due in two weeks, with interest rates of up to 400% APR. On a two-week loan, [...]
An increasing amount of business owners are using credit card advances to finance small business ventures, or for relief during difficult times. But there is still reason to believe that many small business owners are missing out on benefits that a credit card advance can provide, due to a certain amount of skepticism [...]
Discovering new ways to help your business is always important as a smart business owner. There are various areas of small business that can be improved in order to strengthen a business as a whole. Marketing and advertising, customer service, image, sanitation, and employee motivation are all areas that can be individually honed [...]
In June 2008, The National Federation of Independent Business (NFIB) released a report titled “Small Business Problems and Priorities.” This report has been released approximately every four years since 1982 and details “the most pressing issues facing small-business owners, as reported by small-business owners themselves,” states NFIB’s website.
In the most recent publication, nine out [...]
Ever heard someone say “Good things come in small packages”? Well, the saying is applicable to more than just holiday gifts, as it is beginning to ring true for many small business owners who are taking advantage of microloans. A microloan is a small loan, typically described as being less than $35,000. [...]
These days, nothing in our economy is certain. In reality, many people and businesses are still in good financial shape, but for many others things have gotten quite a bit more difficult in recent times. Some people have had to close their businesses, and been foreclosed upon. Unfortunately sub-prime mortgage loans have gone the way [...]
People across the country are suddenly taking a crash course in frugality. As more and more jobs are lost and unemployment is at its highest in five years, lavish personal spending and instant gratification have taken a backseat to more conservative spending habits in the hopes of promoting long-term financial stability. The economy [...]
