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JUN
22
0

Starting your own business seems to be more popular than ever. The entrepreneurial spirit is helping to fuel the American economy, creating jobs and new opportunities, developing a healthy lending environment for online lenders and banks alike, and generally fueling a positive attitude about the possibilities of business ownership and finding entrepreneurial success. Fifty-one percent of Americans of working age see good opportunity for launching a business--and not out of job necessity, but out of passion, innovation and desire for self-ownership, according to the most recent Global Entrepreneurship Monitor. The ongoing study, compiled cooperatively by Babson College near Boston, and London Business School in the UK, began in 1999 with the aim to discover why some countries are more entrepreneurial than others.
JUN
15
0

Small business owners know their product or service--it's their lifeline to survival in a competitive and unstable economic world. Whether it's specialty coffee or diamond grinding wheels, salon services or pet grooming, your industry is your expertise. So when it comes to generating leads online, (and that isn't your particular business offering), the savviest of business owners might be left scratching their heads. But opting out of the Internet is not an option. E-commerce sites are reported to be growing by 19 percent each year and sales are estimated at $1.4 trillion this year. If you don't sell your product or service online directly, your presence there is still important. Eighty percent of shoppers research products online before making buying decisions according to Synchrony Financials third annual Major Purchase Consumer Study.
JUN
09
0

You're a small business owner. You work hard, take care of your customers and do everything the right way. But sometimes that just is not enough. You need working capital to buy inventory, expand your facilities, hire more employees or market for new customers. But where can you turn. Traditionally banks supply the credit individuals and businesses need. Interest rates are very low, and the loan can be paid back in manageable installments over periods of years. It's a very attractive option IF your business qualifies. But . . .


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