8 Common Mistakes Every Small Business Owner Makes

8 Common Mistakes Every Small Business Owner Makes

Whether you’re just starting out in the small business world or have been around for a few years, the odds are generally stacked against your success. Big-box stores and franchise names have been pushing out their mom-and-pop competition for years. This uneven playing field should concern you, but don’t let it drive you into making…

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Can You Use Your 401(k) Without Penalty Before Retirement?

Can You Use Your 401(k) Without Penalty Before Retirement?

If you’re looking for start-up capital for your new business, take a peek into your 401(k). Those funds can be used in a variety of ways, though withdrawing money often brings penalties with it. Can you use your 401(k) without penalty before you retire? Let’s look at your options. What Is a Penalty? 401(k) accounts…

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Tips for Growing Your Business With a Small Business Loan

Tips for Growing Your Business With a Small Business Loan

Much like a seedling needs sunlight and water to grow, your small business needs startup capital and smart financial management in order to flourish. One effective way to grow your business is to take out a small business loan for extra capital when you’re starting out. Here are some tips for putting that money to…

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Advantages of 401(k) Business Financing Over Standard Loans

Advantages of 401(k) Business Financing Over Standard Loans

Having enough money on hand is perhaps the most common roadblock for enterprising new business owners. Without adequate funding for payroll, inventory, equipment, and other expenses, many new businesses stagnate in their early years. If you’re looking to get a leg up without going into debt, consider 401(k) business financing and its advantages over standard…

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4 Tips for Paying Down Your Small Business Loan

4 Tips for Paying Down Your Small Business Loan

Whether you’re a brand-new business owner or have been in operation for a while, smart financial management is key to your continued success. Pay down your small business loan with these tips from Pango Financial. Follow a Strict Budget Paying off your loan should be a top priority within your business. Note the terms of…

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When Is It Time To Expand Your Small Business?

When Is It Time To Expand Your Small Business?

How do you know when it’s time to grow your small business? It’s exciting to think about expanding your brand and offering new products and services, but it’s best to be on strong financial footing before you take that leap. Read on for a few crucial points—if they describe your business, you may be ready…

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