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How Small Businesses Can Navigate Inflation
Inflation continues to be a concern across the United States. In June 2022, the annual inflation rate rose to 9.1 percent—a four-decade high. Although many consumers are expressing concern about rising costs, inflation doesn’t only hurt buyers. It also poses...
Buying an Existing Business? Don’t Miss These Tips
Buying an existing business or franchise has some advantages over opening a business from the ground up. You get to pursue your dreams as an entrepreneur without the challenges associated with starting from scratch. However, transferring ownership is often a long and...
Celebrate Independence with Small Business Ownership
The 4th of July is a time to reflect on our independence. It’s also a time for aspiring entrepreneurs to think about how much freedom they have in their own lives. While starting a small business has its challenges, taking that leap of faith can give you the freedom...
How to Streamline the Startup Process
There’s no question that starting a business takes time. Small business owners want to get up and running quickly, but they might waste time by not being prepared for startup steps. Many parts of the startup process can be expedited to help you open your doors as soon...
Questions to Ask Yourself Before ROBS
Using a Rollover as Business Startup (ROBS) to fund your small business is a great option if you want to minimize debt. You can put your hard-earned retirement savings to work as a true investment in your financial future! However, ROBS isn’t the right choice for...
Understanding Franchisee Fees
If you’re planning to open a business, you understand that there are costs involved. One major difference between launching a new, independent business and buying a franchise is the inclusion of franchise fees. On paper, franchises may seem more expensive than...
Lease Equipment vs. Buying
Most businesses need equipment to operate on a daily basis. Specialized equipment is often expensive and, worse, only usable for a certain amount of time before replacements and upgrades are necessary. While many business owners plan for—and stress over—large...
What Do Naval Aviators Have in Common with Franchise Funding?
“I feel the need…the need for speed!” -Maverick and Goose, Top Gun (1986) It’s not every day that an iconic movie has direct correlation to franchise funding, but hear me out. Top Gun is one of my most favorite movies of all time. The action, the danger, the emotional...
4 Ways to Minimize Risk in Your Startup
Launching a new business comes with a certain amount of risk. You’re investing a lot of time, effort and money into this venture, and there’s no guarantee it will pay off. Fortunately, there are a number of ways business owners can reduce their risk and insulate...
4 Benefits of a Hybrid Business Model
Remote work has been an ongoing trend for businesses large and small since the COVID-19 pandemic. As they decide how to move forward, many businesses are weighing the benefits and drawbacks of operating remotely or in the office. But there is another option businesses...