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2019 Small Business Failure Rate: Startup Statistics by Industry

You’ve probably heard the classic story about small business failure rates. Business can be moving along well one moment, and an epic business disaster could happen to anyone out of nowhere.  While it’s true every business venture carries some level of risk, failure statistics shouldn’t scare you away from your startup dreams. Instead, it’s bestRead More

How to Get Funding for Your Startup Business in 2020

The new year gets the wheels of your entrepreneurial mind turning with fresh, exciting business opportunities. Startup funding can transform these ideas into viable realities. But the question of how to get money for a business startup isn’t always easy to answer. You have to know where to look, and prepare to do the footworkRead More

How to Qualify for a Startup Business Loan with Bad Credit

Being your own boss has a certain appeal—it’s the primary motivation for 26% of entrepreneurs. Ten percent of startups fail in the first year, with 29% of them resulting from a lack of money. To launch a successful startup, you need to have enough funding to cover expenses and support operations during the beginning. ButRead More

The Cost of Hiring an Employee: What Are the Alternatives?

When your business needs more people to handle the workload and maintain high-quality customer service, hiring new employees seems like a logical solution. But can your budget handle the expense of hiring, onboarding, insuring and paying an expanded staff?  Sitting down to figure out the true cost of hiring is a surefire way to giveRead More

What’s the Minimum Years in Business for a Startup Business Loan?

You’re ready to get your business off the ground, but you need funding to bring your ideas to fruition. Can you qualify for a startup business loan? Surprisingly, the answer might be no. Many “startup loans” have a minimum time in business requirement, as lenders are often wary to fund younger companies. Having a fewRead More

[Free Guide] First Time Business Loans: How to Find Yours

So, you’ve been in business for a while now, and you’re finally taking the leap of faith to apply for a first time business loan. Congratulations! This is an important step that some business owners find difficult to take, but financing can be crucial in pushing your company to the next level. The application canRead More

Top 5 Business Services Start-Ups NEED to Succeed

You’ve started a new business. Ever since you started taking on customers, you’ve barely had a moment to breathe, let alone take care of things behind the scenes. Building an all-star team, developing your brand, and media recognition all play a part in helping your start-up achieve the success you’re striving toward. But even whenRead More

Payroll 101: 8 Most Crucial Tips for New Employers

You’re fired up with an idea for a new business, and worked out a strategy to make it happen. Business for you is looking pretty promising, and now you’re ready to hire a small group of employees. Congratulations! But before you get started, there’s 8 payroll tips every business owner should know before getting theRead More

Amazon Can Make You a Small Business Owner for $10,000

If you have $10,000 dollars, and dreams of one day starting your own small business, Amazon has some good news for you. Amazon, the largest and most successful online retail behemoth in existence, announced Wednesday in a press release that they are going to set entrepreneurs up with their very own small delivery businesses forRead More

Growing Your Auto Repair Business in a Risky Environment

There are now 1.1 registered vehicles per person over 16 in the U.S. There are more cars in the U.S. than licensed drivers. Many of those vehicles will be more than 12 years old by 2020. Despite the boom in older vehicles, the automotive repair industry continues to be a challenging environment as repair shopsRead More

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