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While profitability, growth rate, and brand recognition are all important when it comes to business, they aren’t everything. These days, a company is just as likely to be judged by how it impacts the community, the environment, and society. This means that modern businesses need to care about the greater good and not just how […]

Finding the right supplier is a crucial aspect of business success. A good supplier can help your company perform more efficiently, while a poor supplier can impede your company’s growth. Here is a step-by-step guide to choosing the business supplier that is right for you. Consider Your Needs Before you evaluate a potential business supplier,

Real estate is a high-dollar proposition. In many cases, you may be attracted to a piece of real estate but much or most of your capital is tied up in an existing property. It can be frustrating because you’d like to use the proceeds of the property you own to buy the new one. Fortunately, there

Business owners face a dilemma when their companies thrive only during certain times of the year. The drop in income after peak season can cause stress and risk company prosperity. However, it is possible for your seasonal business to maintain a steady cash flow throughout the year. Here are some strategies to help you achieve

When you own a business, one of the funding options you have is an SBA (Small Business Administration) loan. SBA is a government agency that helps businesses secure the financing they need for operations and growth. The main way that SBA does this is through an SBA loan program. Understanding an SBA Loan The SBA

Buying a franchise is a good way to start a business. You are buying into a business that has already established itself, meaning some of the work has been cut out for you. But before you spend your money on it, doing some research will help you decide if this business model is suitable for

When you start a business and it is growing, you will need help to run it at one point. That means hiring employees. But this step is easier said than done. An average employer spends about 24 days and $4,000 on the hiring process. And because money is usually tight for new businesses, you do

Among other things, operating a business requires a certain amount of working capital to fuel daily operating activities. If cash runs short, financing may be necessary. Oftentimes, the first place businesspeople look is to the local bank. Rejected By a Bank? Getting a loan or line of credit from your bank or credit union is not guaranteed. If your

Asset-based lending enables small and medium businesses and emerging entrepreneurs to receive sizeable loans from lenders. Compared to various small business loans, they are far easier to qualify for if the company has possession of valuable collateral. What Assets Are Used As Collateral To Secure A Loan? Businesses hold multiple assets which are used as

Many employees have become comfortable performing remote work from home. However, there are numerous benefits of coaxing your personnel to return to an office environment. These include a clearer separation of work from home life, the ability to fully focus on tasks without distractions, having everyone in the same place for collaborative efforts, and more