Posts by KimPaternoster
Can You Use ROBS Financing on a Franchise?
If you’ve always dreamed of running your own business but don’t have a unique or groundbreaking idea, consider buying into a franchise. Franchising is a popular way to learn the basics of business operation with the guidance and support of a larger company. Plenty of businesses have franchise options, from fast-food restaurants to retail outlets.…
Read MoreWhy You Should Start Your Own Business After You Retire
Some people relish those long, lazy days of retirement by engaging in hobbies and watching TV. However, if you’re one of those people who needs big projects to keep busy, why not start your own business after you retire? Learn why retirement is the perfect time to become a business owner. You’ve Got the Time…
Read More3 Pillars of a Successful Business You Need To Understand
If you want to operate a successful business, you need to understand the three pillars of a first-rate operation. While each business has its own unique needs, the basic concepts surrounding these pillars will help any small business owner succeed. Take a closer look at the three pillars of business and discover how you can…
Read MoreFixed-Rate vs. Variable-Rate Business Loans
Many people focus only on the numbers when looking at their business loans’ interest rates. However, the terms of the rate—fixed or variable—is just as important as the loan amount. Let’s look more closely at fixed-rate and variable-rate business loans and weigh them against one another. What Are Fixed and Variable Rates? A fixed-rate private…
Read MoreHow To Complete a Business Plan: A Step-by-Step Guide
As you research the best ways to start a small business, you’ll read a great deal about the importance of a business plan. You’re full of ideas and excited to get going, so how do you organize that energy into a cohesive strategy? Harness that excitement and ambition before you apply for any loans; you’ll…
Read MoreTips for Navigating Funding for Your Small Business
Small businesses require a great deal of startup capital and sufficient funds to maintain its growth. If the world of business funding has you scratching your head, read these tips for navigating funding for your small business. Know Your Options There are a few main avenues to secure that initial funding for your business: SBA…
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