Business News
How the Economy Affects Small Business Loans
If you’re new to the world of small businesses, you may not know how the economy can affect small business loans. However, keeping an eye on the health of the economy will benefit you in making business decisions. Learn more about the economy’s impact on small businesses and how those fluctuations can apply directly to…
Read MoreWhy a C-Corporation Is Great for a Small Business
What is a C-corporation, and why is it great for a small business? A C-corporation, or C-corp, separates your business from your personal finances and assets. It’s the same legal structure used by Fortune 500 companies, allowing owners to seek various funding solutions while sheltering them from liability. Let’s look at a few reasons why…
Read MoreHow To Protect Yourself When Starting a Small Business
How do you protect yourself when you start a small business? To stay protected, you have to know what you’re protecting yourself from. There are many financial risks involved in starting a business, and you want to keep your assets safe. As you get your business off the ground, talk to financial advisors and attorneys…
Read MoreDoes Your Small Business Need a Physical Office?
As you prepare to start your small business in earnest, you’re probably thinking about all the things you need to spend your startup capital on. Hiring employees and buying equipment and inventory are common expenses for startups. But what about office space? Does your small business really need a physical office? It depends on the…
Read MoreHow To Seek Additional Small Business Funding
Has your business been in operation for a while, but you’ve recently realized it could use a boost? You may benefit from seeking additional small business funding to pay for new projects, try new marketing strategies, and expand your staff. You have to spend money to make money, but how do you secure the additional…
Read MoreCommonly Overlooked Small Business Start-Up Needs
Now that you’re on your way to starting your small business, you’re probably thinking about how you’ll spend your start-up capital. There’s rent for your office space, inventory costs, and paying your staff. But what about the small business start-up needs that are commonly overlooked by novice entrepreneurs? Read on to learn about these additional…
Read More8 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…
Read MoreCan 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…
Read MoreTips 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…
Read MoreAdvantages 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…
Read More4 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…
Read MoreWhen 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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