Archive for August, 2020

  • SBA 8a Certification: What Is It, Its Benefits, and How to Obtain It

    The goal of the federal government is to award a minimum of five percent of all federal contract spending to small, disadvantaged businesses every year. One way this is done is with 8a certification. What does it mean when you hear someone mention a company has earned 8a certification? It means the business has applied for the […]

    Posted at August 27, 2020 » By : » Categories : Business Management,SBA Loans »
  • How to Get Startup Funding for Your Small Business

    What’s the most challenging thing about starting a business? You guessed it; it’s financing! We totally get the excitement that comes with a business idea and the frustration that follows when you can’t finance it. The longer you take to find your startup funding, the more you lose your enthusiasm and motivation for the business. […]

    Posted at August 24, 2020 » By : » Categories : Business Funding,SBA Loans,Starting a Business »
  • 7 Common Mistakes to Avoid When Seeking Business Funding

    Our future is uncertain. The economy is in shambles. You know what that means: it’s time to start your new business! Surprising as it sounds, now might be the best time to launch the startup you’ve been dreaming of. Credit expectations are at an all-time low, and many mass-scale retailers are closed to the public. This […]

    Posted at August 17, 2020 » By : » Categories : Business Funding »
  • A Practical Guide to a Leveraged Buyout (LBO)

    Leveraged buyouts (LBOs) have gathered a lot of notorious press. However, according to economists, a leveraged buyout is still an important company acquisition tool. The leveraged buyout model is an interesting one and something that all investors should know about. Although potentially profitable, leveraged buyouts also come with a high level of risk. Therefore, it is […]

    Posted at August 11, 2020 » By : » Categories : Business Management »
  • How to Reopen Your Small Business After COVID-19 Lockdowns

    The Coronavirus has interrupted our lives and shut down small businesses around the country. As a business owner, you may be in a hurry to reopen your business and get things back to normal. As rules and restrictions continue to ease, it’s important to have a post-COVID-19 plan in place to navigate new ways of […]

    Posted at August 7, 2020 » By : » Categories : Business Management,COVID-19 Business Resources »
  • 7 Questions to Ask Before Choosing a Merchant Service Provider

    Online purchases reached $360 billion in 2016 and are expected to grow by over 77% by 2022. Is your business looking to accept electronic payments? You’ll need a merchant service provider with experience in your field who can handle payments securely and timely. Here are 7 questions to ask before you choose a merchant service […]

    Posted at August 4, 2020 » By : » Categories : Business Services »
  • What is a Paycheck Protection Program (PPP) Loan: An Essential Guide

    Is your small business currently struggling and experiencing loss of revenue? You’re not alone. More than 100,000 small businesses have closed in 2020. The good news is that there are relief programs that you might qualify for to help your small business. PPP loan, or Paycheck Protection Program loans, fund payroll, rent, mortgage, interest, and […]

    Posted at August 4, 2020 » By : » Categories : COVID-19 Business Resources,SBA Loans »
  • SBA Paycheck Protection Program (PPP) vs. the EIDL Program

    The United States economy is still under siege due to the coronavirus pandemic. Southern states like Florida and Texas are now being rocked by the virus. Florida is now reporting over 10,000 positive cases per day. To limit the spread of the virus, these states have no choice but to close businesses once again. For […]

    Posted at August 1, 2020 » By : » Categories : COVID-19 Business Resources,SBA Loans »