Financing Resources
Tips for post-pandemic reopening
Few small business owners have ever experienced a summer like the one just ended, with its lockdowns, phased reopenings, re-closings and associated uncertainty. But one thing is certain: When you get an all-clear signal (and if you haven’t yet, you will), you can’t just crank the engine and re-start the business as if nothing happened.…
Read MoreThe 10 Misconceptions about ROBS Plans
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Read MoreKeep tabs on these 5 performance metrics
It’s an exciting time to start a new business. Many of the basics of our economy are in a state of flux, creating potential opportunities that didn’t exist even a year ago. It’s also an intimidating time if you’re just getting started. As you ramp up your new venture, you’ll be spread thin at first;…
Read MoreEncouraging PPP results
The federal government’s Paycheck Protection Program (PPP) ended on August 8, marking a milestone in the nation’s small business sector. As we step back to assess results, we’ve learned a lot. We’re proud of our client businesses, who stepped up under extraordinary and difficult circumstances to secure available resources to weather the ongoing crisis. All…
Read MoreLeveraging public relations to get noticed
One of the most consistent fundamentals of marketing is to get noticed. That maxim holds for small businesses, both B2B and B2C—even during a pandemic that’s upending the norms and guardrails that define marketing and sales. Getting noticed is how you separate yourself from competitors. It’s how you give prospects a reason to look more…
Read MorePost-pandemic hiring tips for small businesses
Lockdowns. Social distancing. Fever checks. Paycheck Protection Program (PPP). Personal Protective Equipment (PPE). At some point, the pandemic of 2020 will move on; in some locations it already has eased. As the economy recovers, small business owners will begin addressing how, when, and in what form to re-start. Maybe you’ve already started down that road.…
Read MoreReopening your business post-pandemic closure
All 50 states have started allowing some businesses to reopen, with limitations, after the coronavirus pandemic. For most businesses, particularly those that serve the public and have a physical presence, reopening will be a slow and careful process. Local and state requirements vary widely, so it’s essential to check in with those authorities for guidance.…
Read MoreBeef up your pitching skills
In today’s economic climate, everybody is trying to drum up business. If you own or run a small business, pitching new business is probably not far from the top of your agenda anyway. So there’s never a bad time to take a good look at your whole relationship with sales. Whether you employ 499 or…
Read MoreSmall Business COVID-19 relief is here – Pango CARES to help
On Friday, March 27, the president signed the $2.2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act into law, providing a wide range of urgently needed financial relief across many vulnerable economic sectors. Most notably for small business owners, the package includes low-interest loans (4 percent or less) to help small businesses (those with…
Read MoreProtecting your cash flow: We’ve got your back
Small businesses worldwide are experiencing severe economic and operational disruption as the global COVID-19 pandemic unfolds. It affects your workforce, your supply chain, your bottom line—all in ways you may not have thought about as recently as last month. This is no time for panic. Help is on the way. At Pango Financial, we want…
Read MoreControlling for risk of failure
If you’re uncomfortable with risk, entrepreneurship might not be for you. Building a business from scratch based on nothing but a good idea is inherently risky. Despite extensive planning, there’s so much that can go wrong. You can minimize risks but cannot eliminate them. Whether you’re investing in a brand-name franchise or developing a unique…
Read MoreQualities you’ll need to succeed as an entrepreneur
If you’re looking to do well in a small business venture, three types of qualities can help you. One type is beyond your control, including your age and level of experience in the relevant fields. Another type takes years, maybe decades, to acquire. An education or a support network would fall into this category. But…
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