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Should You Rent or Buy Your Business Location?
A lot of choices go into selecting the perfect location for your business to open its doors. You need to determine the right neighborhood, the right size building, the exterior façade and more. But before you can decide on any of that, you have to answer one...
Take Advantage of 2021’s Business Opportunities
With the challenges of 2020 behind us, many aspiring entrepreneurs and business owners have embraced 2021 as a year of change. There are many positives to be found this year—from more government support for small businesses, to an improving economy, to better business...
Avoid These Top Business Credit Mistakes
Even if you don’t use it very often, having a line of credit for your business is a smart idea. Credit lines can serve as a life raft in times of need, alleviating cash flow problems or rectifying dire emergencies to keep your business afloat. Unfortunately, business...
Franchise Agreements: Understand This Important Business Step
As you near the final steps of your franchise selection and licensing process, you’ll be presented with a few documents. One of these is the franchise agreement—one of the most important documents to review and sign before embarking on your franchise journey. A...
Your Guide to SBA Loans for Startups
Loans are a popular way for entrepreneurs to finance a new business venture, and the U.S. Small Business Administration (SBA) is one of the first places people look. But if you’re unfamiliar with the startup loan process, considering your options might feel...
5 Small Business Trends to Watch in 2021
2020 was a challenging year for small businesses, with lots of change coming both suddenly and on the horizon. Now, with 2021 upon us, it’s vital for small business owners to monitor the top small business trends expected to influence business in the new year in order...
Are You a Problem Solver? Entrepreneurship is For You!
One of the most common questions aspiring entrepreneurs have before taking the leap is whether they have what it takes to be a good business owner. While there are many qualities a strong, innovative business owner should have, one of the most foundational qualities...
Tenet Financial Group Acquires Phoenix Funding Source
Effective immediately, Tenet Financial Group has acquired Phoenix Funding Source. Derrick Skogsberg, Tenet Financial Group Founder, and Dave Woggon, Phoenix Funding Source CEO, made the joint announcement today, citing high optimism for small business and franchise...
Start Your Business Year Financially Fit With ROBS
Whether you’re planning to launch your new business or recapitalize an existing one at the start of the new year, financial fitness should be top of mind. The ability to maintain your small business’s finances in a healthy way can make or break the company’s success....
5 Relationships Every Small Business Owner Needs
No matter what industry your small business is in, one of the most important things you can do as a business owner is nurture strong relationships. The individual decisions you make about your business are just small pieces of your overall success. Without...