How To Avoid Debt While Starting a New Business

How To Avoid Debt While Starting a New Business

Starting your own business is going to cost money, no matter what. You’re bound to accumulate some debt as you set up your company, but there’s good debt and then there’s bad debt. Good debt includes money taken out in small amounts you know you can pay back, and it contributes to establishing a solid…

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The Benefits of Working With Other Small Businesses

The Benefits of Working With Other Small Businesses

When you start your own small business, there’s bound to be competition from other enterprising owners. However, there are many benefits to be had from working with other small businesses instead of pitting yourself against them. Learn more about the power of collaboration in the small business world. Fuel Innovation If all small business owners…

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5 Tips for Managing Growth of Your Small Business

5 Tips for Managing Growth of Your Small Business

When your small business experiences a growth explosion, you may feel exhilarated at your sudden success—and overwhelmed by the prospect of maintaining it. Prevent your venture from going through a boom-and-bust cycle by properly managing the growth of your small business. Pango Financial is here to provide you with helpful tips for successful growth management.…

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5 Tips for Choosing a ROBS Service Provider

5 Tips for Choosing a ROBS Service Provider

ROBS, or Rollover for Business Startups, is a program designed to help small business owners use their retirement accounts for business funding without accruing penalties. If you are a prime candidate for this type of business financing, use Pango Financial’s tips as you choose a ROBS service provider. Choose an Experienced Firm As you shop…

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Why You Should Start Your Own Business After You Retire

Why 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…

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3 Pillars of a Successful Business You Need To Understand

3 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…

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3 Pros and 2 Cons of Unsecured Business Loans

3 Pros and 2 Cons of Unsecured Business Loans

When you want to take out a loan for your start-up business but don’t have the collateral to spare, unsecured loans can help. These loans help those with good credit get their foot in the door and make it possible to acquire funding regardless of whether you have additional assets. But before you consider taking…

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Top 5 Business Loan Qualifications To Be Aware Of

Top 5 Business Loan Qualifications To Be Aware Of

As you work to get your business start-up off the ground, finding the initial funding will be the key to your success. Acquiring a business loan is relatively straightforward, but not everyone receives approval right out of the gate. Because of this, knowing what to provide during the application process and how these factors can…

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Fixed-Rate vs. Variable-Rate Business Loans

Fixed-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…

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Tips for Starting a Business With 401(k) Funds

Tips for Starting a Business With 401(k) Funds

Are you looking to leave the rat race behind and start your own business? Small businesses can see great success with proper funding and a solid business plan. While small business loans are a popular option for new owners looking to grow quickly, but you may have some funds of your own tucked away. Use…

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5 Benefits of Receiving a Start-Up Business Loan

5 Benefits of Receiving a Start-Up Business Loan

Entrepreneurs looking to start their own businesses or grow existing ones have many financing options. For many folks, self-funding just isn’t feasible, so they may consider taking out a loan. Luckily, there are plenty of lenders and financing tools to give you a helping hand. Here are five helpful benefits of receiving a start-up business…

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How Does Small Business Startup Funding Work?

How Does Small Business Startup Funding Work?

Once you’ve come up with a unique business idea, the first step in launching that business is to find funding. Before you officially open your doors, you’ll need startup capital to find a location and hire employees. If you don’t have all that cash handy, you’ll need to take out a loan or research alternative…

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