Factoring works…..
Factoring works….. For years small businesses have had few places to turn if they were seeking financing and were turned down by the bank. New and small businesses typically have a much harder time acquiring traditional loans to cover day-to-day operating costs much less additional cash to purchase new equipment or supplies. Fortunately factoring has […]
Read this interesting article recently published in the Houston Chronicle….
Important Are Small Businesses to Local Economies? by J. Mariah Brown, Demand Media While small businesses may not generate as much money as large corporations, they are a critical component of and major contributor to the strength of local economies. Small businesses present new employment opportunities and serve as the building blocks of the United […]
10 Tips for Running a Successful Small Business…
10 Tips for Running a Successful Small Business… 1. Keep Score: It’s amazing how few small businesses have any idea of the daily, weekly, and monthly numbers and financial trends in the organization. Spend time getting to know your business inside and out. 2. Set Realistic Goals: Goal setting is an essential part of business […]
Got a Gripe About Red Tape? There’s an Ombudsman for That. How the SBA’s point man handles owners’ gripes about red tape
Here’s a great article recently published in the Wall Street Journal… By: Rhonda Colvin Roughly one in 10 small-business owners say government regulation is their biggest challenge. Brian Castro says he feels their pain. The 41-year-old Washington, D.C., lawyer is currently the U.S. Small Business Administration’s national ombudsman, a little-known post that requires him to […]
The Importance of Small Business to the Economy….
The Importance of Small Business to the Economy… A small business is considered to be a company that employs less than 500 people and more often ranges from 50-100. U.S. small business makes up over half of the country’s workforce. While many people think big corporations and industrial giants are what drive the economy, small […]