by sbf | May 7, 2020 | Small Business Cash Flow, Small Business Funding, Women in Business, Working Capital
Women are starting businesses at an unprecedented rate. There are over 12.3 million businesses are owned by women, generating sales of $1.7 trillion. In fact, 39% of all privately held firms are women-owned businesses. To put this in perspective, this number was...
by sbf | May 4, 2020 | Uncategorized, Working Capital
Working capital is essential to an operating business, as it allows for the day-to-day expenditures and purchases needed to keep inventory on shelves, employees paid, and business flowing. It’s very common for businesses of all sizes to take out working capital loans...
by sbf | Apr 24, 2020 | Business Financing, Small Business Funding
As a contractor or construction company owner, you may find slow down during the winter. Come late winter and early spring people in general begin planning for renovations, development of housing communities, rehabbing of commercial properties, deck building, etc....
by sbf | Apr 23, 2020 | Financial Advice, Small Business Funding
You are operating a business in one of the most turbulent times in our country’s history. According to a recent survey, 87% of small business owners stated their business is hurting due to the coronavirus pandemic. Social distancing and State closures or...
by sbf | Apr 20, 2020 | Financial Advice
You’d have to go back to the Great Depression to find a more challenging period for small business owners than the current Coronavirus pandemic. Just about every industry has been impacted. According to the U.S. Chamber of Commerce, one out of every four small...
by sbf | Apr 14, 2020 | Insights To Business, Marketing & Sales
The world is going through radical changes right now that will have far reaching implications long after the coronavirus has ebbed and the economy has been “reopened.” There is much talk among pundits, politicians, economists, and business owners that we are going to...
by sbf | Apr 7, 2020 | Financial Advice, Small Business Funding
Did you know that approximately 30 million entrepreneurs make up the base of small business owners in the United States and provide 7 out of every 10 jobs in the US. This is according to the SBA Office of Advocacy. In fact, over 99% of US businesses can be classified...
by sbf | Apr 1, 2020 | Business Financing, Insights To Business
The automotive repair is a strong industry with $70 billion dollar in revenue. However, there are significant cost for operating an auto repair shop such as equipment which can be costly, inventory to meet on going demand, as well as licensing and regulatory...
by sbf | Apr 1, 2020 | Financial Advice
What is the Paycheck Protection Program? The Coronavirus Aid, Relief, and Economic Security (CARES) Act established a program to help small businesses keep their workers employed in the midst of the coronavirus pandemic. This program titled, The Paycheck Protection...
by sbf | Mar 24, 2020 | Alternative Business Financing, Small Business Funding
What is under-capitalization? Under-capitalization is when your business does not have enough capital or funds to perform your normal business operation or pay your bills. You may run a financially successful business, but being under-capitalized means your don’t have...
