Business · April 29, 2024
Using credit cards to fund your business can be a viable option, but it requires careful consideration and strategic management. In this article, we delve into the essentials of using both business and personal credit cards for business financing. Business credit cards offer benefits like higher limits and rewards, and they can help build your business credit without impacting your personal credit score. However, they also come with risks such as higher interest rates and the potential for perso
Business · April 15, 2024
In the fast-paced entrepreneurial world, effective communication is crucial but often overlooked. As a leader, your ability to articulate ideas clearly, inspire action, and persuade stakeholders is essential. Our guide breaks down the art of communication for entrepreneurs, focusing on understanding your audience, crafting impactful messages, and mastering nonverbal cues. Whether it's a pitch, a team meeting, or customer engagement, every interaction is a chance to lead.
Business · April 08, 2024
Starting or expanding a small business brings critical financial decisions, notably choosing between a business line of credit and a bank loan. Each option serves different needs: lines of credit offer flexibility and repeated access to funds, ideal for managing cash flow or unexpected expenses, but often come with higher interest rates. On the other hand, bank loans provide a lump sum with lower interest rates, suitable for significant, one-time investments but lack borrowing flexibility.
Estate Planning · October 09, 2020
The CARES Act is a trillion-dollar program that provides direct economic assistance to workers, families, and small businesses. It is free money from the government that will hopefully relieve citizens of some of the financial strains brought about by the COVID-19 crisis. Qualified individuals will be given money thru direct deposit while business owners can apply for loans. Here’s everything you need to know to make the most out of this new law.
Business · July 20, 2020
Although the PPP has been the most popular loan program for small businesses, it may not be the right solution for every business. There are other organizations offering loan programs, and even companies providing grants. Note that there are still elements you have to understand when applying for loans and grants. Read this article to learn more. If you need help reviewing your options, our team would be happy to assist you.
Business · June 16, 2020
Businesses are now reopening despite the uncertainty brought by the COVID-19 pandemic. As a business owner, one of the most important factors to include in your reopening strategy will be the customer and employee confidence. You're now in a critical role in managing new and unprecedented concerns - finding ways to allow your business to function without compromising the health of your employees and customers. These important objectives can help you navigate your business in the new normal.
Business · June 02, 2020
The COVID-19 pandemic has impacted all of us and forced communities and businesses to reevaluate everything. As a business owner, you may already have traditional resilience planning but that may not be enough to combat this pandemic. But despite the unpredictability that has accompanied this global crisis, it is not too late to implement changes to protect you, your employees, and your business. Here are some tips and strategies to help you navigate these challenges and the ones to come.