Category: Running a Business

Business Loan Brokers vs. Direct Lenders: Who’s Better for You?

Business Loan Brokers vs. Direct Lenders: Who’s Better for You?

So you’ve realized you need a business loan. You’ve probably searched for options a few times already, and you’re now at the point where you know the basics of business financing, but you’ve still got important questions. Namely: should you work with a direct business lender or a business loan broker to get your funding? The answer isn’t always straightforward, especially since there are hundreds of companies offering funding for small business owners in the United States alone. The picture… Read More
Valuing a Brand: What’s Your Brand Worth? How to Value a Brand

Valuing a Brand: What’s Your Brand Worth? How to Value a Brand

It’s easy to figure out the value of a product or service to a business. Just tally up the revenue generated by any particular product or service, and compare that to the business’ overall revenue. It’s often easier to do this with smaller or more specialized companies, but it’s possible at any scale. Just look at Apple. It’s the most profitable public company in the world, but its entire income statement can be boiled down to just five lines of business:… Read More
Types of Business Loans: Compare Business Funding

Types of Business Loans: Compare Business Funding

Looking for funding to grow your business? You’re not alone. Problems with cash flow is one of the most common causes for small business failure. That’s why many small business owners pursue one or multiple sources of financing to start, expand, or sustain their companies. It helps to be informed, regardless of where you choose to get your funding. Different types of business loans or funding will come with varying requirements, from business revenues to personal credit scores, repayment terms… Read More
How to Scale Your SaaS Company in 2023

How to Scale Your SaaS Company in 2023

With so many software startups in the current landscape, it seems like only a special few find the right formula for scaling their early-stage successes. But there are ways to replicate the early wins and repeat them on a large, long-term scale. You’ll need a comprehensive plan for achieving sustainable growth if you want customers to stay engaged in your brand and continue buying your software service. In this post, we’ll go over seven ideas that will help you grow… Read More
Coronavirus and Small Business

Coronavirus and Small Business

The coronavirus and small business impact is on the horizon. The worldwide impact of the coronavirus, or Covid-19, is undeniable. Cases of infection have reached 95,748 this week along with 3,286 worldwide deaths attributed to the virus. Cases in the U.S. have grown to 128 confirmed cases with a number of deaths also attributed to the virus (11). So far, I think we’ve been pretty lucky. Wild swings in the stock market, along with companies like Amazon, Facebook, Google, and… Read More
A Small Business’s Guide to Handling Unpaid Invoices

A Small Business’s Guide to Handling Unpaid Invoices

“The check’s in the mail.” This idiom is a pain point for many small businesses. Collecting on overdue invoices is a necessary slog that, unfortunately, most business owners face at one time or another. Devoting resources to this work can be frustrating, as it takes time and focus away from serving other customers and improving core business competencies. But, businesses need money to survive, so entrepreneurs do what they need to make sure the cash continues flowing. Following are some… Read More