The Federal Reserve raised interest rates this week, including SBA loans. Here is some information to consider with the change: 1. The SBA interest rate increase is small... The 25 basis…

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…

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…

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,…

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…

Customers and the market are ever-changing. Small businesses need to be in tune with these changes and adjust themselves accordingly to stay relevant. In some cases, the market changes so…

Budget is one of the most important things to consider if you’re looking to invest in a franchise. Every franchise system has its own franchise fee and startup costs, and…

Plenty of young people dream of starting their own business—but get discouraged when they see the hurdles they have to first clear. Financial hurdles are chief among young entrepreneurs’ complaints…