Posts by Nicole Foley
The Importance of a Good Business Pitch for Your Startup
The Importance of a Good Business Pitch for Your Startup Now that you’ve brainstormed an idea for a business that can benefit your community while turning a profit, you’ll need to seek out funding and locate a client base. To convince potential investors to buy into your company, you’ll have to practice a good business…
Read MoreThe Advantages of Starting an Online Business
The advent of the digital age has revolutionized the way entrepreneurs conduct business. In the fast-paced environment of the 21st century, flexibility and adaptability are crucial—and the internet easily offers both perks! Doing business online offers you unique opportunities to reach out and engage potential customers and clients. What are some of the unique advantages…
Read More4 Steps To Take To Incorporate Your Business
Congratulations—you’ve landed on a business idea that can benefit your community while turning a profit! In order to get your idea off the ground, you’ll need to incorporate your business as its own entity. Take these steps one at a time, and you’ll soon be a proud and proper business owner. Choose a Unique Name…
Read MoreThe Benefits of Not Spending Your Money To Start a Business
If you’re hesitant to take out a loan or use a unique financing option to fund your business, you may think using your own money is a better idea. However, you have a limited amount of money, so you’re limited in what you can do with it. On the other hand, when you’re not spending…
Read MoreWhat Business Structure Is Right for Your Startup?
The legal structure you choose for your business will affect how it functions going forward, from tax considerations to different financing options. If you’re wondering which business structure is right for your startup, you’ve come to the right place. This guide from Pango Financial includes a brief explanation of four common business structures and how…
Read MoreHow To Start and Run a Franchise Business in 2023
If you’ve ever dreamed of being your own boss and owning a successful enterprise, franchising can be an excellent opportunity. But what does it take to start and run a successful franchise business in 2023? Explore what a franchise is and what it takes to get started. What Is a Franchise? A franchise is a…
Read More4 Small Business Trends Happening in 2023
Are you thinking of starting a small business, but news of economic uncertainty makes you think twice before taking that leap? While recent years have been challenging for startups, advances in technology and financial assistance also open you up to unique opportunities. Check out some of the most common small business trends happening in 2023;…
Read MoreDoes Your Credit Affect Rollover Business Financing?
Rollover business financing is a method of small business funding that uses your 401(k) to provide startup capital for your new business. It’s a popular alternative to traditional loans because it isn’t a loan at all—a ROBS, or Rollover for Business Startups, uses money that’s already yours. Does your credit history affect rollover financing for…
Read MoreHow the New Secure 2.0 Act Could Affect Your Small Business
The SECURE 2.0 Act is an update to a previous law called SECURE: Setting Every Community Up for Retirement Enhancement. The goal of this updated legislation is to provide more opportunities for employees to build their nest eggs. As a small business owner, you may be wondering how the new SECURE 2.0 Act could affect…
Read More7 Tips for Creating a Budget for Your Small Business
As you embark on your small business adventure, create a roadmap to success by putting together a budget. Learning to manage your finances effectively and being prepared to pivot when unforeseen expenses pop up are crucial skills for any business owner. Hone your financial savvy and create a budget for your small business with these…
Read MoreThe Advantages of ROBS Funding Over Other Funding Options
What is a ROBS, and how can you use one to your advantage as you grow your small business? ROBS is an acronym for Rollover for Business Startups, a financial strategy that allows you to roll over your 401(k) funds into a new retirement plan established by your business—tax penalty-free. The business retirement plan uses…
Read More5 Pro Tips for Every Aspiring Entrepreneur
If you have an innovative new idea that can fill an open niche in your community, channel that entrepreneurial spirit into a brand-new business. Starting a business always carries some risk with it, but you can embrace that risk and turn it into an opportunity! These pro tips are designed to help every aspiring entrepreneur…
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