7 Steps to Get Your Business Out of Debt

Many small businesses run into financial issues from time to time, especially when they’re just starting out. If your business has racked up some serious debt lately, you may be feeling overwhelmed and possibly even worried about having to close up shop. Before you give up hope, know that you likely have more options than you may think and, with some persistence, you can get your books back in the black. Here are five steps that can help you get Read More

The New Questions You’ll Have to Answer When Applying For a Business Credit Card

A new federal rule aimed at thwarting money laundering will go into effect in May and could impact how your business applies for and secures financial products like loans and credit cards. The “beneficial owner” rule, officially called the Customer Due Diligence Requirements for Financial Institutions rule, is aimed at helping banks better understand precisely who is behind the business entities they are banking by collecting more information about the people associated with these entities. By doing so, the government Read More

Training Is This Model Agency’s Secret Weapon

Mark Moore is the founder and CEO of Debut Modeling Agency, a New York City-based modeling agency focused on commercial and runway models. Moore’s mission is to go beyond simply representing models, but to instill a sense of professionalism in those he works with by providing mandatory runway training sessions and other workshops with hair, makeup, and wardrobe styling experts. Moore said, “When they go to castings, I want them to be remembered as representatives of DMA, so their expertise Read More

Dedication to Quality Leads to Success for This Entrepreneur

Earl Choate is the founder and CEO of Concrete Camouflage, a company that manufactures concrete acid stain, concrete sealer, and concrete floor wax, along with related cleaning products and tools. The company offers three grades of products depending on the customer’s need and budget. “We didn’t get into this because we want to become super-rich,”Choate said. “We got into it because we are passionate about what we do and we want to be the best forever.” Starting Out Why did Read More

How to Keep Remote Workers Engaged

It’s hard to really put in to words the impact the internet has had on or society, but perhaps one place to start is to call upon the way it’s transformed the work place. Emails and messaging platforms help us exchange information in mere seconds, documents and contracts can be shared with workers and clients with the click of a button, and company leaders can dial into hear and often see each other, even if they’re miles and miles away. Read More

How to Consolidate Your Business Loans

If you’re like many small business owners, you’ve taken on some debt in order to cover the costs of starting or growing your business. According to the Federal Reserve’s latest figures in the 2016 Small Business Credit Survey, 64% of loan applicants sought funds for a new business opportunity or to expand an existing one. Whether you applied for a small business loan, used business credit cards or even sought out investors, you needed that initial cash infusion to get Read More

Why Your Credit Score Will Be Even More Important in 2018

If you aren’t accustomed to keeping tabs of your personal and business credit scores, you may want to resolve to check it often in the new year. With increasing interest rates, your credit scores are going to be that much more important to your finances in 2018 and beyond. To start with, your credit score is one of the most important factors when it comes to borrowing money, determining the rates you’ll pay on everything from a Small Business Association Read More

Net Neutrality Rollback: What It Means for Small Businesses

Unless you’ve been avoiding the news and social media over the last several weeks, you’ve probably heard about the Federal Communications Commission’s Dec. 14 decision to repeal internet rules known as Net Neutrality. Chances are you’ve also seen opinions ranging from “it’s the end of the internet as we know it” to “it will be just the same as it was before the FCC rules were put in place in 2015.” While neither of these statements are really accurate, they represent Read More