9 Ways You Can Wreck Your Credit By Accident

Your credit score is like a GPA for your personal finances. It takes all of your credit information — from credit cards and loans to debts and bankruptcies — and distills it down to a single number. Companies use your score to determine your eligibility and interest rate for loans, and prospective landlords and employers can even use it to evaluate your application. Unfortunately, it’s all too easy to put a few black marks on your credit report accidentally, and Read More

Top 5 Cybersecurity Tips for Small Business Owners

By Jonathan Deesing Major security breaches at prominent companies have made cybersecurity a hot topic. It’s not just large businesses that are affected, however. Small businesses rarely make headlines, but they aren’t exempt from cybersecurity breaches. What’s more, a cyberattack on a small business can be devastating—within six months of getting hacked, 60% of small businesses go out of business, according to the National Cyber Security Alliance. If you’re already using antivirus software and backing up your data regularly, you’re Read More

5 Tools That Strengthen the Bond Between You and Your Customers

Guest post by JT Ripton Connecting with your customers is critical. No matter how good your products, no matter how much hype you generate at launch, a failure to engage with your target demographic can be devastating. Research undertaken by Gallup revealed that in the consumer electronics market, fully-engaged prospects visit their retailers of choice 44% more often each year than disengaged buyers. During these visits, they will actually spend more than they plan to. Launching a startup today is Read More

Is Your Business Required to Collect a Sales Tax in Your State?

Guest post by AccountantBridge.com Don’t make a costly mistake when it comes to sales tax—all business owners need to know what their obligations and responsibilities are, not only in their respective state, but where they ship their products or provide services. A sales tax audit can be a costly audit for a business owner. Sales tax is considered “trust fund” money—your business is collecting the tax in “Trust” for the state or local government. Your business is only the intermediary responsible Read More

How Should Business Owners Accommodate for Breastfeeding Employees

Guest post by Monica Beyer Since the 1960s, more and more women have been choosing to breastfeed their babies. Many are still doing so when they return to work, which gives rise to the question—where can moms go to pump their breastmilk? Few employees have a personal office with a door and blinds, and nobody wants to retreat to a bathroom stall for privacy. Luckily, federal law requires an employer to accommodate the mom’s needs. What does this mean for Read More

Three Worry-Free, Inexpensive Marketing Ideas for Your Brand

By Brad Wayland of BlueCotton Getting the word out about your brand can seem both overwhelming and overly expensive. It doesn’t need to be, though. Banner ads are dead. Long live banner ads. With ad-blockers at an all-time high and banner blindness prevalent even amongst those who don’t block ads, the time in the sun for traditional web ads has finally passed. That isn’t a bad thing. Though there may have been a time when traditional advertising was the best Read More

6 Important Resources for Veteran Small Business Owners

As Veterans Day approaches, Nav wants to remind veteran entrepreneurs and aspiring business owners that there are a ton of resources to help you start and grow your business. There are 2.4 million veteran-owned businesses, which in total employ 5.8 million people and generate $1.2 trillion in annual receipts, according to the Small Business Administration. Furthermore, veterans are more likely than non-veterans to own two or more businesses, and veteran-owned businesses tend to have a longer lifespan. In the spirit Read More

5 Ways to Revive a Dying Business

Is your business showing signs of distress? Or is it straight-up tanking? There are simple measures you can take to bring it back from the brink. Your business might be dying, but that doesn’t have to mean it’s over. Here are five things you can do to save your dying business and also help it thrive. 1. Evaluate Your Situation Honestly Before physicians treat a patient, they do all kinds of tests and make a diagnosis. So when you realize Read More

How an SBA Loan Can Fuel Your Small Business

One requirement to qualify for a U.S. Small Business Administration (SBA) loan is for a small business to have a healthy annual revenue. Most small businesses that receive a SmartBiz SBA loan earn $250,000 or more per year. However, to some business owners, that notion doesn’t make sense. The SmartBiz Facebook page frequently has questions posted about this topic. “If a small business is making that much money, why would they need to get a loan?” Related: How to Get a Small Business Loan Read More

5 Scams That Could Kill Your Small Business

Just when you thought there couldn’t possibly be any more ways left for scammers to dupe individuals or businesses, another method makes its way into the news. Small businesses, and especially those that have just started out, are sitting ducks for scammers. Some of the most common small business scams today include variations on phishing, invoice fraud, directory scams, and investment scams. The trick is to be vigilant and to ensure you have controls in place to protect your bottom Read More