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AUG
11
0

Since the economic downturn in 2009 we have witnessed the disappearance of a number of capital funding opportunities for small business owners. For many this has meant the dream of expanding their business and investing in new capital has gone away as well. One such example comes from armed forces veteran Bob Hulchanski who opened a small machine shop prior to the recession in 2006.
AUG
07
0

Managing finances can be tricky in a small business, especially since there are so many other business-y things to keep track of day-to-day. Thankfully, you donߣt need to be able to do everything yourself if you can find the right tools to help you keep track of your dollars and cents. Hereߣs a list of some of the best small business financing apps to help you manage your dollars.
AUG
06
0

In todayߣs global economy, the proportion of female entrepreneurs is higher than ever. According to the State Owned Business Report, this increase is a mind-blowing 68% since 1997. With a miraculous 9.1 million female owned U.S. businesses currently being operated in 2014, women-owned business generate over a trillion and a half dollars for the global economy. With the amount of traction women are gaining in the entrepreneurial community, these ventures are attracting unprecedented media attention. This begs the question: Is this simply a trend or is it a business segment thatߣs here to stay? With woman-owned businesses representing over a third of the formal sector enterprises worldwide, the numbers would indicate that these businesses are here to stay.
JUL
28
0

For many entrepreneurs, achieving their companyߣs goals may demand a little more capital than expected. If business partners don't want acquire funds from friends or family or fundraise, the only remaining option is to solicit financial support from a lending institution like a bank or credit union. Although securing conventional business loans is not impossible, businesses frequently run into dead ends since they lack a sustained financial history. Moreover, if a business owner is eligible for a bank loan, the process may proceed exceedingly slow for the determined businessperson. This is the reason; alternative funding has developed into a widespread choice for new and instituted businesses.


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