Everything Small Business Owners Need to Know About GDPR

News of the General Data Protection Regulation (GDPR) has been floating in our peripherals since it was passed by the European Parliament back in 2016, but as of May 25, 2018, the privacy-focused piece of legislation will finally go into effect. And, though it’s specifically designed for those in the EU, American business owners are not exempt from impact. As an American business owner with your own set of privacy rules and regulations to contend with, the GDPR may not Read More

The Single Best Productivity Tip I Ever Received

There’s no shortage of productivity tips that promise you you’ll get twice as much done in half the time, and for time-starved entrepreneurs, that’s alluring. Sometimes they really do work: one mom blogger, for example, built a million-dollar business in part by using a simple productivity hack. But finding the time to implement them may be another matter. Business owners often feel like time is their scarcest resource. Just look at a recent business banking survey from Nav that found Read More

Everything You Need to Know About the New Chase Business Credit Card

It’s rare when a major bank adds a new credit card to its suite of offerings, but today, Chase has done just that. Chase has provided great credit card options for small business owners for years, and have now added a new card to the Ink line — the Chase Ink Business Unlimited. While many of the features of the will carry over to the Business Unlimited, a key change may make it even more appealing to business owners. What’s New Read More

21 Business Grants for Startups

If you’re struggling to find the business funding you need, or if you’re just wary of taking on personal or business debt to get your dream off the ground, a business grant may be just what you’re looking for. Business grants are free money from the government and other sources to help you build a successful business. While some grants have strings attached, they generally allow you to use the money for a wide range of business growth tasks to Read More

7 Times a Business Credit Card Is Better Than a Loan

When you need financing for your small business, your choices often come down to a credit card or a loan. On one hand, small business loans can offer competitive interest rates and the ability to write checks to employees or vendors. A business loan can also offer you a larger line of credit than a small business credit card can. But don’t forget that there are several times that a small business credit card can offer distinct advantages over a Read More

Why Entrepreneurs Need to Have ‘True Grit’

Proponents, supporters, and marketers within the New Thought Movement believe that the foundation of success is tied to one’s ability to “think positive.” It’s the belief that we are all operating under something known as “The Law Of Attraction,” where our thoughts contain energy forces and through quantum physics, whatever thought we put out into the environment, the energy within that thought will match a similar energy force and “attract” people, circumstances, and resources in life to you based on Read More

Women-Owned Businesses Struggle to Hire, Obtain Credit

A new report released by SCORE reveals some interesting data regarding small businesses, particularly women-owned small businesses. Of the 28 million small businesses in the United States, 39% are owned by women, which increased by 45% from 2007 to 2016 and continues to rise. Women are more likely to start a business than men, enjoy equal success as measured by business starts, revenue growth, job creation, and time in business. And while men are more likely to operate in the Read More

What Happens When You Apply For an SBA Loan

For small business owners, an SBA loan is one of the most desirable and sought-after financing options when they’re looking to expand in one way or another. According to business credit expert Gerri Detweiler, “SBA loans can offer your business competitive interest rates and repayment terms. They can be especially attractive to businesses that are growing but are having trouble getting traditional financing because they don’t have a lot of collateral.” SBA loans typically require lower down payments and have Read More

4 Ways Your Spouse Can Ruin Your Credit

In an ideal world, you and your spouse share similar financial goals— or at least know how to compromise. It is often true, however, that opposites attract. So what happens when you have very different credit histories? How much risk do each of you take when it comes to your credit? If your credit is great and your partner’s isn’t, you can relax a bit. When you get married, you and your spouse maintain your own separate credit histories. Marriage Read More

7 Time Management Tips for New Business Owners

Running a business is time-consuming work, and as a new business owner, time is exceedingly hard to come by. Though you may not be able to add an extra hour (or minute, for that matter) to your day, there are ways you can capitalize on, and make the most of, the time you do have. By following the seven tips below, you’ll be able to take charge of your day and manage your time in a way that improves both your Read More