A Rollover as Business Startup (ROBS) is a popular funding method for new franchises and small businesses. ROBS allows small business owners to use personal retirement funds to purchase company…
At the start of your business, it’ll just been you and maybe a handful of employees running the ship. But as your operations grow bigger, you’ll likely need to bring…
Small businesses are feeling the strain of higher interest rates after the Federal Reserve's decision to raise rates on March 23, 2023. Over the past 12 months, the Fed has…
Sometimes aspiring entrepreneurs pause their plans to start a business if experts predict a recession is looming. They’re worried a brand-new startup won’t survive economic hardships. However, not all businesses…
Writing a business plan is no small task. The process can take months before you nail down a plan worth putting out into the world. You’ve worked on it for…
Many small business owners are hesitant to open 401(k)s for their employees. They might believe the costs associated with offering retirement benefits would better serve the company in other ways.…
Business owners often try to time their investments well. Aspiring franchisees might base their buying decisions on the market or industry trends, trying to nail the “right” time to invest.…
Profitability is the lifeblood of any business. Once your company is up and running, you’ll want to become profitable as soon as possible. The faster your revenue exceeds your expenses,…
When it comes to financing your small business or franchise, you have a variety of options. Two popular choices are SBA (Small Business Administration) loans and unsecured loans. Each option…
As a startup business, it can feel like you’re out of touch with what’s happening in your industry. Small business owners can remedy this problem by attending an industry trade…