Category: Running a Business

The Current State of Small Business Rent Inflation and How Funding Options Can Help

One-third of small businesses couldn’t afford to pay their rent in the last six months. And more than half of renters have seen a commercial rent increase. If you’re wondering how we got here and the ways small business funding can help, that’s where Nav comes in.  This article examines why inflation is hitting the commercial real estate market, how tenants and landlords are both affected, and what you can do if you’re a small business struggling to pay rent. … Read More

What Are the Benefits of Financing Your Marketing Spend?

In 2012, Dollar Shave Club spent $4,500 on a 90-second YouTube video titled “Our Blades Are F***ing Great.” Thanks to the crude tone, it went viral instantly. Forty-eight hours later, the company found itself with millions of views and 12,000 new orders. As a small business owner, you already know how powerful marketing can be. But what if you don’t have the cash flow you need to fund campaigns? The good news is that financing can help. Let’s explore how… Read More

Fintech Startup Brex Ends Small Business Cash Management: What’s Next for Account Holders?

Brex, popular corporate management spend startup, announced that it would shift its focus away from the small business market — the core segment Brex started out to serve. The small business owner typically supported by Brex is now deemed “no longer qualified” for their Brex Cash alternative banking option and will lose access to their account by August 15, 2022.   Sadly, this is not an isolated incident in the world of small business. The small business community is already challenged by… Read More

Restaurant Improvement Loans and Financing Options

If you’re a business owner in the restaurant industry, then you understand the importance of your restaurant's being up-to-date to have success. Whether you’re opening a new restaurant, establishing a new location, or renovating an already existing one, a restaurant improvement loan and other financing options can help. Some financing options include: Traditional bank loansBusiness line of creditEquipment loansCommercial real estate loansMerchant Cash Advance Small Business Administration (SBA) loans This article explains your financing options and how they can help your… Read More

5 Financing Strategies to Recession-Proof Your Business in 2022

If you’re worried about the potential impact of a recession on your small business, you’re not alone. Business owners are bracing for an economic downturn, with no idea when that may happen or how bad it may be. Eight in ten small business owners believe the economy will enter into a recession this year, according to The CNBC|SurveyMonkey Small Business Index Q2 2022 survey.  CEOs of larger businesses surveyed by The Conference Board were slightly less pessimistic. Nearly 60% said… Read More

How to Make a Website in 5 Steps

In this digital era, having your own website is essential for most small businesses. They can amplify your brand, help you connect with old customers, and allow you to reach new customers. In fact, not having a website can make your business look archaic and out of touch. The good news is that establishing your online presence is easier than ever before. In this step-by-step guide, we cover everything you need to know about how to make a new website.… Read More