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How to Get Unsecured Business Funding

Don’t let the word “unsecured” scare you off. Business owners often mistake unsecured business funding to be unreliable or lack security, transparency, or honesty because of the name. Fortunately, it is quite the opposite and has helped thousands of business owners make quick decisions, pay operating expenses, purchase equipment, and more, in a short amount […]

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Operating a Small Business in the ‘New Normal’

Operating mid-pandemic for small business means much more than mandatory masks worn at work or Zoom meetings for virtual connections and communications. All because COVID-19 is changing the way we do business. We are quickly adapting and evolving to fit the ‘new normal.’ For the most part, these struggles and their associated new “fix-it” ideas […]

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Tips for Starting a Small Business

Have you ever thought of opening your own business? What’s holding you back?  If you’ve thought about opening your own business, you have probably begun to seek some and any advice.  Luckily, there are so many tips for starting a new business. However, which advice is the best? Which tips should I follow?   As a […]

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Mistakes to Avoid when Budgeting for your Small Business

Budgeting can be a tedious and boring task you do in the course of normal business operations. Despite how dull it might seem, budgeting is one of the most vital functions you can perform as a small business entrepreneur. It is important that your business budget is done accurately and often so that you can […]

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How Small Businesses Affect the U.S Job Market

Small Businesses account for more than 95% of companies in the U.S. In fact, more than 99.7% of businesses employ less than 500 people. It makes sense that small businesses are responsible for the majority of job creation. This mindset has fueled policy making on both sides of the political spectrum. Both Republicans and Democrats […]

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What is the Small Business Administration?

Small Businesses are the backbone of the U.S Economy. Approximately 99.7% of employers in the U.S are considered small businesses, or businesses that employ less than 500 people. Because small businesses make up such a significant portion of the U.S economy. The government created an organization to help their growth. In 1953, The U.S government […]

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4 Reasons Why Small Businesses Get Denied From Funding

Acquiring working capital for a small business can seem like a daunting task. Many business owners apply for loans for many different reasons. Whether it is for expansion or just trying to make ends meet. There is a complicated process of obtaining a small business loan through a bank.  Even after going through the entire […]

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3 Items for Your New Year’s Small Business Checklist

Now that 2019 is upon us, small business owners have the perfect opportunity to start planning their next moves.  When developing your strategy for the next year, it never hurts to have a checklist you can use to go through each step in an organized and logical manner.  If you’re looking ahead this year, REIL […]

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Banks Cut Back on Small Business Loans

Sadly, the days of driving to your local bank for a business loan are long gone. Over the past two decades, small business loans have fallen from about half to under 30 percent of total bank loans. Community banks have been eaten up by the big banks and focus on other forms of lending in the […]

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