I’m not an Economics Major! What do I need to know about Small Business Finance?

No, you don’t need to be an economics major, but you do need to understand the basics of small business finance and good financial management. And if you are an economics major, Great! You have a big head start.

Do you need a bunch of spreadsheets? Not today, but as you plan your business and it begins to grow, you’ll know how to use these! When you’re starting out, there are five basics areas where you need to learn as much as you can: Read the rest of this entry »

This unique small business financing program offers many benefits, and not just to small business owners. This program allows referrals, and this can help you make a nice sum simply for referring small business owners to the program. The referral program is a situation where everyone involved wins, and there are no losers. This program requires no credit checks, tax returns, or any of the other documentation that is usually required. It is one of the best available small business financing options, and the referral program means that you can earn extra money simply by telling other small business owners about this fantastic program. Read the rest of this entry »

Many small businesses turn to traditional lenders when they are ready to open for business.  They gather together their business plan and head to a bank in the hopes that the bank will fund their venture.  For many small business owners that means using their personal finances as security and that is a terrifying proposition. The Best Finance Tips for small business are those that help them grown with minimal risk.

There is an alternative though and that’s business-to-business finance.  There are companies whose goal is to offer an alternative to traditional financing and this can be the perfect avenue for many new businesses to pursue. Read the rest of this entry »

As business owners develop their small business loan plans for future financing and refinancing throughout the United States, there is an increasing awareness that there have been significant business finance changes that cannot be ignored. Some of these measures are likely to end up being permanent, and even the temporary commercial mortgage loan and working capital loan changes are expected to be in place for an extended time due to the severity of the current financial climate. Read the rest of this entry »

This real estate and business financing article discusses a concept which is referred to here as “Thinking Outside the Bank”. It is meant to be a variation of the well-known “thinking outside the box”. Despite the prominence of traditional banks, they are not the only viable source which should be considered for a commercial mortgage or commercial loan. There are many reasons why a commercial borrower might not go to a traditional bank for a commercial real estate loan or other business finance circumstances. Read the rest of this entry »