Resource Category: Business

You may have heard the term D-U-N-S number (also known as a DUNS number or D&B D-U-N-S Number) and wondered whether your business needs one. Here we'll explain the importance of a DUNS number for your business. What Is a DUNS Number? Let’s start with the DUNS number meaning. A DUNS number is a unique nine-digit identifier for a business created by credit bureau Dun & Bradstreet. The Data Universal Numbering System — or DUNS number — was created and… Read More

Coworking spaces are one of the hottest trends for those starting or growing a small business: Instead of working from a corner of your bedroom or renting an office, you find a shared space to hang your shingle. In the U.S., coworking spaces can be found in most major cities and some smaller ones, as well as in countries around the world. These arrangements offer the ability to rent space in a place dedicated to entrepreneurs and working professionals. In… Read More

One day, an up and coming contractor with a passion for restoration is alerted to his dream job.  A federally funded restoration of a historic landmark is up for bid, and he knows this is more than a dream, it’s a career making move.  With a background that has him well prepared and a workforce he’s confident in, he starts the bidding process only to find out that, because it’s a federal contract, he needs a surety bond if he… Read More

Changing your business name? At Nav, we changed our name three years after we launched. Although we were a relatively young company, it was still a lot of work—but well worth it. To help make the process easier for you, we’ve put together a checklist we used to help us stay organized. You can download it below and customize it to your needs. Here are some pointers to keep in mind as you start planning for your name change. We… Read More

You've created a business plan for your small business, in which you laid out your vision, strengths, resources and goals for the future. Now it’s time to think about a marketing plan. The two documents will work together in helping you realize your small business’s potential. In fact, your marketing plan will build on the goals you've already laid out in your business plan. Creating a marketing plan doesn't have to be hard. The fact that a large and established… Read More

Starting a small business is hard work. The list of things you have to do in order to turn your dream into reality may seem overwhelming at first. Anyone who has searched "how to start a small business" online has seen page after page populate with articles on loans, investors, incorporating, credit scores, cash flow, taxes, permits—the list goes on and on. When faced with such a formidable to-do list, it is easy to think of a formal business plan… Read More