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The Importance of Choosing the Right ROBS Administrator
If you’ve decided to fund your startup through a Rollover as Business Startup (ROBS), you can’t just jump right in. Your first step will be to find a third-party administrator (TPA) that can walk you through the process and get your funds prepared. However, not all...
4 Tips for Small Business Tax Filing
It’s officially tax season! If you weren’t one of the first to file your small business taxes, you should be preparing to do so now. Small business taxes in 2020 might be a little different than in previous years. From disrupted business operations to a few unique...
Considerations for Equipment Upgrades and Financing
All kinds of small businesses rely on technology and equipment to keep their companies running. Although the cost of your initial equipment was likely wrapped up into your startup financing package, there will eventually come a time when you’ll need to consider...
Market Research Positions Your Startup for Success
In the initial stages of starting a new business, one of the steps you absolutely cannot afford to skip is market research. There are many facets of market research to consider, from the industry as a whole to the specific customers you’ll be targeting. Market...
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...