SBA 504 Loan or SBA 7(a) Loan: Which is Right for You?
Small business owners (and aspiring ones) are often attracted to SBA loans due to their lower interest rates and longer terms. However, it’s not always clear which SBA loan is the way to go: an SBA 504 loan or an SBA 7(a) loan?
Finance Commercial Real Estate with an SBA 7(a) Loan
Commercial real estate: a big topic and a big purchase. Most small business owners need financing for commercial real estate — whether it’s buying property, expanding, renovating, or building something new. While you have many financing options, a small business owner (or an aspiring one) can accomplish their goal with an SBA 7(a) loan from…
What to know before qualifying for an SBA 7(a) loan
Applying and qualifying for an SBA 7(a) loan is easier if you have the proper direction. Here are a few guidelines to keep in mind as you begin the process. Must be a for-profit business located in the United States The business you want to get a loan for must be officially registered as a…
Resources for Women Building Their Business
It’s an amazing time for women to pursue their dreams of business ownership. From Spanx founder Sara Blakely to Canva CEO and co-founder Melanie Perkins (to name only a few), women are leaders in a variety of industries. In fact, a 2021 report from the U.S. Census Bureau indicates that 1 in 5 business owners…
What To Think About Before Buying an Existing Business
If you’re interested in running a business but you don’t want to build one from the ground up, purchasing an existing one is a great option.
SBA 7(a) Loan or Credit Card: Decide the Best Way to Finance Your Small Business
Are you looking for ways to fund your small business? If yes, you should consider applying for a 7(a) Loan or credit card. These two financing options can provide you with the capital your business needs.
5 Steps for Creating a Small Business Marketing Plan
Developing and implementing a marketing plan can help your business engage with customers and increase sales. Learn five steps to create a plan for you.
Small Business Owners: Be on the Lookout for a New Tax Form This Year
On January 1, 2022, a brand-new tax change went into effect due to the American Rescue Plan Act of 2021. The $1.9 trillion stimulus bill, designed to speed up the country’s economic recovery from the COVID-19 pandemic and the recession it caused, makes changes to tax law that may affect you.
5 Small Business Trends Emerging in 2022
Successfully running a small business is hard work. The good news is—tracking emerging changes in your space can be easy. Here are 5 key trends you should be aware of right here.
4 Ways to Make Your Store Stand Out During the Holidays
The 2021 holiday season is primed to be one of the best in recent memory for retailers. And that’s after 2020, which saw online sales rise 20.6% year-over-year, according to 1Digital Agency. Here are four ways to make sure you’re ready.
