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As we enter a new year, local businesses are at the forefront of economic revitalization and community growth. In the face of challenges posed by the ever-evolving business landscape, the key to success lies in comprehensive business plans, strategic implementation and a commitment to local development. Let’s explore the essential elements of empowering local businessesRead more

When you own a business, having a line of credit available to you can be a lifesaver. A small business line of credit offers funding like a loan with the payment options and convenience of a revolving line of credit. If you only borrow money when you need it and pay it back as promptlyRead more

Starting a small business involves several processes. One crucial element in setting up a business is financing. Considering the cost of setting up a business, sometimes the business owner requires financial assistance. At times, financing a small business can be a complex process. Usually, getting a traditional bank loan won’t be the best funding option.Read more

Every business that grows its market share or expands into new territory utilizes a proven formula to pull it off. To substantially boost the chances of success for your new company, you should explore practical startup assistance and business growth strategies that have worked before. Here’s a look at some proven growth strategies for smallRead more

As a small business owner, you might be making the key decisions regarding your company and overseeing all daily operations and business development. However, in certain situations, you may need a third party with particular skills to help you objectively evaluate, understand, and come up with solutions. This is where small business consultants come intoRead more

Research shows that more than 65% of New Year’s resolutions fail within the first month. Therefore, when making business goals for the new year, you should create a plan that will help you remain focused on your goals long after the New Year’s resolution fades. Here are five tips for achieving your business’s New Year’sRead more

The holiday season is finally here. If you run a small business, you may be already thinking of ways to cash in on the anticipated surge in demand for personal and household items around this time of the year. Here are some tips to prepare your business for the holidays that will maximize your salesRead more

All successful businesses that are consistently delivering good financial results started somewhere. What’s their secret? Many of them weren’t always the giant corporations they are today—HP founders conceived their company in a Palo Alto-based one-car garage! Sadly, for every enterprise performing well on the market today, a lot more have failed. While there’s plenty ofRead more

For any business, payroll processing is necessary to ensure legal compliance and proper payment of taxes, wages, and benefits. While you can process your payroll by yourself, using payroll processing software or hiring a payroll service can relieve you of the burden involved. To start processing your payroll, the U.S. Internal Revenue Service (IRS) requiresRead more

According to Statista, many small businesses in the U.S. experience cash flow issues due to reasons such as poor budgeting, lack of capital, natural disasters, and lack of demand for products. For such businesses, financing is vital. However, mainstream lenders, such as banks or credit unions, typically require borrowers to meet stringent borrowing requirements. ForRead more