How to get business insurance and determine how much you need

Even if you run a low-risk company, business insurance is something you’ll need to consider along your journey as a business owner. As your company grows it will inevitably take on more risk, and business insurance becomes something you need to secure before it’s too late. But what coverage does your business need? There are dozens of different insurance policies or packages that you could end up with, so it’s easy to be under- or over-insured. Do your due diligence Read More

Best Business Loans 2018 — Expert Review

As a small business owner, every dollar you save on interest and fees paid for a small business loan is a dollar back into your business. That’s why it’s so important to make sure you’re getting the best deal that your business can qualify for and fulfills your business’s needs. But with over 44 different financing options, the research involved in finding the best business loan and how to get it could take days, if not weeks. That’s not easy, Read More

Business Bankruptcy — What Options Are Available?

Business bankruptcy is serious, but it doesn’t necessarily mean the end for your business. It does present some tough decisions and a good amount of paperwork, however, so you need to know what you’re getting yourself into. Let’s take a look at a few questions you’ll want to answer before we dive into the bankruptcy code. Frequently asked questions about business bankruptcy Are you personally liable for your business debts? If you are a sole proprietor, your business is not Read More

7 Options for Small Business Startup Loans

One of the biggest challenges a new small business must face is obtaining the capital necessary to support their initial growth. In order to proudly turn on your physical or metaphorical “open for business” sign, you’ll likely need to have access to money in the form of a small business startup loan. As one might assume from the title, a business start up loan is a loan meant to help with the financial needs of a new business. Small business Read More

D-U-N-S Number — What You Need to Know

What is a DUNS number? The Data Universal Numbering System—or D-U-N-S number—was created and copyrighted in 1962 by Dun & Bradstreet. It is a unique a nine-digit identifier that has become the standard numbering system to identify businesses across the globe. Just as your social security number reveals a lot about you—your bank accounts, tax returns, credit scores, residences, etc., your DUNS number reveals similar information about your business. How can a D-U-N-S number help me? Here are 3 ways Read More

How to Get a Small Business Loan

You have a vision, a plan, and the motivation to start your own business or take your current one to the next level. Everything is ready to go, all you need is money. For many entrepreneurs, getting a small business loan is the key to fulfilling short and long term goals. So how do you get a small business loan? Is it difficult? Do you need to meet certain requirements? If you’ve asked these same questions, then you’re in luck; Read More

Small Business Grants: 24 Best Places to Apply

There’s no such thing as a free lunch, right? Small business owners know this phrase more than anyone. But when it comes to launching and growing your small business, there are a number of companies, nonprofits and government agencies providing essentially free money to small business owners in the form of a small business grant. You don’t have to make your pitch on “Shark Tank”, refinance your home or take out a business loan to take the next step in Read More

How to Establish & Build Business Credit

Figuring out how to access business financing and credit is a common quest for both new and existing small business owners. From start-up costs to new expansion strategies, establishing a strong business credit profile with diverse accounts can help make or break your immediate and future business plans. Why Should I Learn How to Establish Business Credit? If you’re reading this, you already know that good credit (both consumer and business) is important for the future of your venture, but Read More

What’s the Small Business Financial Exchange?

Each payment experience you make as a consumer—mortgage, credit card, and car payments, to name a few—could show up on your personal credit report. The same goes for your business in regards to your business credit report. Payments to suppliers, loan payments, commercial lease payments, auto payments, are all payment experiences that could be reported and end up on your business credit report. Data warehouses, like the Small Business Financial Exchange (SBFE), along with business credit reporting agencies collect the Read More

Chase Ink Business Cash Card Review: Big Rewards & No Annual Fee

Business owners have their choice of dozens of different credit cards. These products range from premium rewards cards with numerous features and benefits, to simple cards that do little more than offer a convenient method of payment. The challenge for many business owners is finding the best business credit card that meets their needs while offering the best balance of costs and benefits. The Chase offers generous rewards and attractive promotional financing, with a annual fee. *Right now the  has Read More