Category: Running a Business

5 Successful Women Entrepreneurs Offer Advice to Female Business Owners

5 Successful Women Entrepreneurs Offer Advice to Female Business Owners

Today marks the closing of National Business Women’s Month, a celebration of successful women business owners and their contributions to society. To round out the celebration, we asked five successful female business owners and experts to share one piece of advice they would offer to current and prospective female entrepreneurs. Here’s what these inspiring women had to say. La Donna Higgins, Founder, The Startup Admin: “Use your natural skills as a woman to catapult your idea or business forward. We have… Read More
5 Ways to Revive a Dying Business

5 Ways to Revive a Dying Business

Is your business showing signs of distress? Or is it straight-up tanking? There are simple measures you can take to bring it back from the brink. Your business might be dying, but that doesn’t have to mean it’s over. Here are five things you can do to save your dying business and also help it thrive. 1. Evaluate Your Situation Honestly Before physicians treat a patient, they do all kinds of tests and make a diagnosis. So when you realize… Read More
The Best Bank Accounts for New Business Owners

The Best Bank Accounts for New Business Owners

I’ve always believed that every business needs a bank, but not every bank deserves your business. As you start your new business venture and run through the checklist of to-do items such as gathering up capital sources, deciding on the right name, deciding on whether you will incorporate, completing state registrations, finalizing business plans, and more, a very important aspect you must decide on is an efficient banking institution to manage your business bank account. It's important to establish a… Read More
Will Your Side Gig Stop You From Getting a Mortgage?

Will Your Side Gig Stop You From Getting a Mortgage?

This is a guest post by Joseph Kelly, mortgage expert and president of Arc Loan Mortgage Management. An increasing number of people have side businesses, or “gigs,” that make up part of their financial picture, though few give much thought to the effect they will have when it comes to getting a mortgage, either to purchase or refinance a home. Sometimes having the extra income from a side job or business makes the deal work, but sadly sometimes it will kill… Read More
Why Taxes Are So Challenging for Small Business Owners

Why Taxes Are So Challenging for Small Business Owners

Small businesses provide 55% of all jobs in the United States and account for over half of all U.S. sales. They’re the heart of local and state economies. At their best, they are adaptable, flexible, and customer oriented; as a result, they often foster fierce customer loyalty. Yet there are advantages to scale. Big businesses, those with more than 500 employees, are often more established and have deeper pockets and reserves. They tend to have strong name recognition, and benefit… Read More
3 Steps to Qualify for a Business Credit Card Fast

3 Steps to Qualify for a Business Credit Card Fast

Small business credit cards often come with sweet perks such as signup bonuses, cash back rewards, and airline miles. Plus, they offer a way to buy items on credit for your business without damaging your personal credit. So you may be tempted to apply for one even if you have poor personal credit. We analyzed our customers who secured a business credit card and found that, on average, small business owners who qualified have a 600+ personal credit score. If… Read More