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The U.S. Small Business Administration (SBA) offers an array of loans designed to give entrepreneurs a boost when starting or growing their businesses. These loans feature favorable interest rates, extended payback terms, and flexibility in use of...
Entrepreneurs are looking for the most economical, sensible, and affordable ways to finance their business ventures. For many business owners, they find able to meet all those goals with funding options made possible by the U.S. Small Business Administration (SBA)....
If you’ve decided that a Rollover as Business Start-Ups (ROBS) strategy is the right way to finance your new business, congratulations! You’re already aware of the benefits of using a ROBS plan to give you fast access to the funds you need to open the doors for your...
The 7 Habits of Highly Effective People, written by Stephen Covey, was published in 1989. Covey's best-known book has sold over 25 million copies and inspired everyone from management to independent thinkers to entrepreneurs. The overarching theme of the book is that...
Interested in starting your own business but wondering where the money will come from? You are not alone. For many entrepreneurs, traditional funding mechanisms are not available or viable options. You may not have the credit history or credit score to qualify for a...
Leveraging existing retirement funds to start a new business is an incredibly useful way to accelerate access to funds. Entrepreneurs have several options when it comes to which funds to use, and it is important to find the solution that works best for you and...
When it comes to funding options for your small business, there are many options. For many entrepreneurs, using existing retirement funds is often the best option. Using retirement fund assets as your primary financing source has several advantages, as seen in the...
While e-commerce is growing, there is still a steady demand for in-store shopping experiences. It is common for e-commerce companies to consider opening a brick and mortar store at some point. Even Amazon is getting into the act with Whole Foods and standalone Amazon...
One of the most rewarding small business ownership opportunities is a bed and breakfast. If you have the personality and commitment, owning a bed and breakfast is a rewarding and lucrative business option. As seen in the recent post Have Entrepreneurial Dreams?...
Are you considering starting a personal-services business? One smart choice is a hair salon. The hair salon industry is massive. In 2018, there were 996,000 hair care businesses in the United States. Those companies generated $46 billion in revenue and employed 1.3...