Can Commercial Real Estate Loan Rates Help Your Business Save?

The decision to purchase a commercial real estate property, as opposed to leasing one, can come with numerous advantages. The right investment can be particularly financially beneficial, especially since buying property typically allows you to build equity and take advantage of additional tax benefits. And, since some commercial real estate loan rates are as low as 3.9%, purchasing property can lead to long-term savings. Choosing the right commercial real estate loan If you’re thinking about purchasing or renovating an income-earning Read More

Is Invoice Factoring Right For Your Small Business?

Eigthy-two percent of small and medium-sized businesses fail because of cash flow problems. And while there are many factors that can impact cash flow, invoices or accounts receivable account for a fair share. Invoice, or more specifically, unpaid invoices, can be a big problem for small business owners.   Fortunately, many small business owners can manage gaps in cash flow. From small business loans and lines of credit to purchase order financing and cash advances, there are many ways you Read More

How Do Commercial Loans Work?

Small business loans, specifically commercial loans, were designed to provide assistance to businesses who need a working capital boost, whether it be to address everyday costs or to begin the next stage in their business journey. If you’re looking for info on commercial real estate loans, feel free to skip down to the section on real estate-specific loans. How do commercial loans work? There are many types of business financing options under the commercial lending umbrella, though most will have Read More

Wells Fargo Business Elite Credit Card Review

Wells Fargo is often considered one of the leading brands when it comes to managing small business finance needs. It’s no wonder then that the bank offers several lending options in addition to banking and investing opportunities.   Included in the list of Wells Fargo business credit cards is the Business Elite card, which offers premium benefits for business owners who meet the annual revenue requirements. What makes this card different from the Wells Fargo Secured or Wells Fargo Platinum Read More

How to Grow In Your Role as a Business Owner

Becoming “the boss” can be challenging. After all, there’s more to running a business than producing or providing a good or service. Business owners must adapt and grow alongside their business, and in doing so, hone the skills necessary for success — leadership, communication, industry expertise, etc. The demands of simply running a new business don’t always make growth an easy feat. Improving your business skills is an ongoing process, though in some cases, growth will be inevitable. New challenges Read More

Wells Fargo Business Platinum Credit Card Review

A business credit card can make it easier to manage finances, cover gaps in cash flow, and even earn some rewards and perks along the way. When your business credit card links directly to your business checking or savings account, it can be more beneficial. For Wells Fargo customers, that may mean applying for the Wells Fargo Business Platinum Credit Card, one of three business credit cards currently offered by the financial institution. There are some definite perks that make Read More

Unhappy at Work, But is it the Right Time to Start Your Business?

Have you had it with your boss? Want to pursue your passion instead of building someone else’s dreams? You’re not alone. According to a recent Small Biz Trends survey, those two notions motivate nearly fifty percent of aspiring entrepreneurs. But are those reasons enough to take the leap of faith and leave your current job to start your own business? The first few years of running a business can be volatile. And though two-thirds of businesses will survive their first Read More

How to Advertise Your Business on Social Media

Today, over 3 billion people, or nearly 42% of the population, scroll through their social media accounts each day. For small business owners, this translates to an opportunity to engage with new and existing customers while building brand aware Despite the popularity of social media platforms like Facebook, LinkedIn, Instagram, Twitter, advertising in those spaces can seem overwhelming. Questions like “which social media channel should I use,” and “what types of content should I share” abound, making it hard to Read More

How to Level Up Management for Your Growing Business

Congratulations. You’ve reached a milestone that many business owners dream of. Not only have you hired employees to help you complete everyday tasks, but now you need to hire or work with existing management to take your business to the next level. The need for more employees indicates positive growth. But over time, a growing staff and expanding business can also mean you have less time to do the things that matter. That’s particularly true when it comes to developing Read More

How to Build a Positive Office Culture

Few workers relish in the thought of punching the clock week after week — hence the popularity of the office lottery pool. But there’s a stark difference between not wanting to work and despising every minute spent doing so.   A poor office culture can do a lot more than decrease employee satisfaction, though that alone should be concerning. When employees aren’t happy, productivity drops, negativity spreads, and turnover increases — all things that can, directly and indirectly, eat away Read More