What to Do if Your Business Identity is Stolen

We hear a lot about data breaches and just about everyone has a story of having a credit card number stolen. At this point, many of us assume that we’ll be victims of identity fraud one way or another, whether someone steals a card number or a fraudster opens a completely new account. But what about business identity fraud? Most of us don’t even realize that we have a separate business credit report. I certainly didn’t think about it. The Read More

How to Handle an Office Move: 8 Things You Can Do to Increase Efficiency

Moving can be an exciting milestone for any business owner, especially if the move is designed to support or encourage growth. However, it can also be a disruptive time that’s filled with chaos and stress. If you’re about to engage in an office move, the right amount of preparation can help smooth the transition and help you and your staff get back to business as usual. Here are there are eight things you can do to make it easier on Read More

Can I Get a Business Loan After Bankruptcy?

Filing personal bankruptcy can help you manage your debt situation, either through a restructured repayment plan or by wiping out most, if not all, of your debt entirely. But it can also harm your credit history, making it difficult to get approved for business financing. That doesn’t mean it’s impossible, though. Here’s what you need to know about getting a small business after bankruptcy. Bankruptcies linger on your credit report A bankruptcy can remain on your credit report for up Read More

How to Maintain Confidence in the Market for Your Small Business

Customer demand can be fickle. What’s hot one day can be totally counter-culture the next. How, then can a small business ensure that their product or service will be marketable in the future? What steps can they take to ensure that they stay relevant and in-demand? While there’s no guarantee that your offerings will always be in vogue, there are some strategies to think through now, so that you’re able to navigate rocky markets later. Short of learning to read Read More

How Experts Helped This Business Level Up

With Earth Day on the horizon (April 22), many businesses will soon take a pause to reflect on ways they can reduce waste and recycle materials. Sara Swisher-Anderson, founder of jewelry company Lennon Harper Designs, is already on top of her game when it comes to reuse. She creates upcycled pieces from repurposed heirlooms and treasures, such as vintage buttons and antique cameos. Swisher-Anderson has managed to create a promising business using materials that are almost completely reused, from flea Read More

Bank of America Announces Changes to Small Business Cash Back Program

Bank of America – or “BOA” – is a well-known player in the small business credit card realm. Its products include the popular , which has given companies flexible rewards for everyday business spending with no annual fee. The company recently announced some changes to the program, however, that will affect both new and existing members. Here’s what you need to know. What’s New The card originally offered 3% cash back on fuel and office supplies, with a cap at Read More

How Hard is it to Get a Business Loan?

Whether you’re just starting out with your company or you’re looking to expand your business, a business loan can help you get the funding you need to take things to the next level. Before you start applying, though, you might be wondering how hard it is to get a business loan. The answer is: it depends. As with any type of credit, there are several factors that go into a business loan approval. In general, though, the longer you’ve been Read More

How to Keep Up With Wage Increases

The minimum wage debate has been on the radar of workers, politicians and government officials for quite some time now, but 2019 marks a year of increased activity. This year, at least twenty states will work to increase their minimum wage, with some hoping to meet their ultimate wage goals within the first few years of the new decade. For many small business owners, that means identifying ways to meet these new standards while maintaining healthy margins. The same is Read More

When Will the Prime Rate Go Down?

If you have a significant amount of debt, or are looking to borrow again sometime soon, you may be asking yourself this valuable question: when will prime rate finally go down again? Since it can have a big impact on your budget, it’s smart to know the factors that go into deciding the prime rate. It’s historically a somewhat nuanced number that isn’t always easily understood, but it is something on which most everyone has an opinion. Before you bemoan Read More

What Kind of Collateral Do I Need for a Business Loan?

You have a vision and you want to apply for a small business loan to bring it to pass. Congratulations! This is an exciting moment for any entrepreneur. Yet you may soon find out, if you haven’t already, that finding and qualifying for the right small business loan isn’t always easy. Between gathering the small mountain of documents you’ll need to supply and deciphering each lender’s qualification (and collateral) requirements, applying for a business loan can be quite confusing. One Read More