Growing Your Business Articles For Entrepreneurs & Small Business OwnersWant To Grow Your Business? Loans Versus InvestmentsIf you’re looking to grow your business, you have a few different options that you can consider. Getting financing is going to be critical to your ability to spread your wings and gain more of the business share, but doing so is not always as straightforward as it may seem. What is the best way [...] Understanding Private Equity – The Pros and Cons of Private EquityIf you are looking for investors for your company, consider this New York Times article as a guide. According to Jessica Bruder, you need to know what you want first. Do you want control over the daily operations of your business? Do you want to be involved in the business for the long haul? Private equity may [...] Brand Naming 101This process should come with a warning…“Don’t try this by yourself!” Question: How many new businesses have the company or product name sorted out, before they have figured their route to market, their target customer or their USP (unique sales points)? Answer: Far too many! The managing director is always totally convinced by it, they [...] Raising Capital For Your Business In 2013Times are very hard now, the days where credit was easily available for businesses have since been replaced by bank managers being resigned to the fact that there is simply not enough money to go around. On the other hand funds are extremely crucial for businesses as growth from revenue is extremely hard to cement [...] How to Improve Loan Origination Revenues with Champion / Challenger TestingCredit scoring models have already become an essential part of loan origination systems. A growing number of lenders turn to Big Data technologies to set up a robust lending mechanism. John Thiel, Head of the Private Banking and Investment Group at Merril Lynch, says in his Forbes interview: “Big data is the ability to spot [...] Understanding The Small Business Loan MarketAmy Kassar of MultiFunding shares some tips to would-be loan borrowers in The New York Times. There are various types of loans and each has particular criteria unique to its own. These propositions dictate how much you can borrow and how you will pay the loan. Kassar advices entrepreneurs to check the loan market to [...] How to Run Your Business So You Can Sell It!Starting a business and working to make it successful entail a lot of work. An astute business owner should operate the business as if he or she is preparing to sell the business. Industry statistics claim it takes five years or so for small businesses to change hands. For one reason or another, you will [...] How To Get Business Financing From The SBAThe U.S. Small Business Administration has various loan programs that provide business financing for small businesses. It particularly caters to new and existing small businesses that are unable to secure business loans from lending institutions on their own. In the mid-90s, loan guarantees amounted to about $10 billion. By the 2000s, this has grown to [...] 5 Things to Remember When Setting Up an E-Commerce BusinessThe UK has one of the fatest growing E-Commerce markets in Europe and having a website makes your business instantly international – it’s entirely possible that your business and the products that you are offering may be more in demand outside of the UK than inside it. Here are the crucial things to think about [...] Where Do Great Business Ideas Come From?We often think big businesses lack the fresh ideas, creativity and agility of the small and new businesses. Three huge companies – Procter & Gamble, Intuit and Google – prove this is not always true. P&G had its Clay Street, a unit composed of choice employees launched in 2004, to rehabilitate its Herbal Essences shampoo [...] 3 Reasons to Buy a LED Sign for your BusinessLED signs are popping up everywhere—they shout from the streets, in front of restaurants, big and small businesses. Some wonder what the hype is all about and whether the bright, bold signs are worth the investment. But more and more business owners are seeing that they are for these three reasons: 1. Increases revenue The [...] The Importance Of Choosing The Right EPOS System For Your IndustryTaking the decision to invest in an EPOS system for your business is one that will be sure to bring a good return. Time spent managing products, recording sales or calculating financials using old-fashioned or out-dated methods takes your time away from more pressing matters such as making sales and looking for new business opportunities. [...] Should You Leverage Your Personal Credit Score For Your Business?The process of building credit for your corporation or LLC can feel like a catch-22. On one hand, creditors will not extend underwriting unless your company has an established (and robust) credit history. That brings us to the question… how do they expect us to do that, when they won’t give us any to begin [...] Fundraising Ideas That You Can Also Use To Increase ExposureMost, if not all legitimate businesses can always use additional exposure. There’s no doubt about that. If you’re offering products or services, you’d want people to be aware of your business and its offerings. This is why a lot of these businesses, big and small, spend a lot of money in order to increase their [...] Pro-Active Techniques for Getting ReferralsSUMMARY: The typical business loses as much as 20% of its customers every year because of errors, changes in customer’s buying influence or personnel, customers moving or going out of business, customers that are acquired and lose local purchasing authority or customers whose need becomes obsolescent. Prospecting new accounts is crucial to the survival and [...] Collateral is a Big Factor in Getting a Business LoanMost small business lenders now require borrowers to put up hard assets to be granted loans, and the most common collateral used is real estate or one’s home. Take the case of Craig Holman who put up his share of the family farm as collateral to get an $85,000 loan to buy into an AdvantaClean [...] The Franchise Industry Is GrowingCustomers at these times of economic difficulty have second thoughts about spending their money on untried businesses. They would rather spend on tested brands. It is in this context that the IFX Enterprise has scheduled a three-day conference in Las Vegas. The Las Vegas Business Press says this summit will guide potential suppliers on franchising [...] Facebook To Help Franchise GrowthFacebook, the leading social media network, joined the International Franchise Association (IFA) as a member, the IFA announced. It has also teamed up with the association to boost growth of the over 800,000 US-based franchises. In 2012, it will offer free advertisements to local businesses. It told The Street that it will email companies with [...] SBA Loan Volume at All-Time HighNetwork Solutions reported that the US Small Business Administration announced a record volume of loans in fiscal year 2011. This volume is the highest in its history. The first quarter of 2011 was also the most active single quarter ever for SBA-backed loans with over $12 billion. This is more than double any quarter in [...] The Role Of Process Visibility In Continuous ImprovementAs the most important goal in any organisation, striving to achieve continuous improvement should be at the forefront of all management processes, regardless of the size of the organisation or the nature of work produced. Effective processes are required to achieve this goal, and also assist in quality management. Processes should not only be developed [...] |
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