Build Your Business Right

Building a business is much like putting together a puzzle; it has many parts, and not all of them are smooth. But if you if invest some time, thought and planning, you'll be able to build a successful business and become a picture of success. These articles are meant to provide you with ideas, inspiration, and the knowledge you need to build your business intelligently from the ground up.

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The Financial Impact of COVID-19 On U.S.-BASED Small Businesses

The Financial Impact of COVID-19 On U.S.-BASED Small Businesses

Around the world, the  impact of the COVID-19 outbreak (aka the coronavirus) has necessitated governments to implement some sort of financial rescue plan for those sectors that have been adversely affected. In the United States, small and medium size businesses have been very hard ...
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Line of Credit: Online Lenders vs. Traditional Banks

Line of Credit: Online Lenders vs. Traditional Banks

Lines of credit are preset loan limit that are offered by banks and other various alternative lenders. This type of credit is available for use at any time. With a line of credit or LOC, the borrower can “withdraw” money out until you get to the set limit. The limit replenishes as the money is ...
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Overcoming the Business Challenges Women Entrepreneurs Face

Overcoming the Business Challenges Women Entrepreneurs Face

Entrepreneurship is a challenging journey for most people. It is even more challenging to women who meet direct and indirect gender-based obstacles when trying to run a business. These challenges have not stopped them from being part of the global SME industries, contributing to ...
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Secured vs Unsecured Small Business Loans

Secured vs Unsecured Small Business Loans

The key to a successful business is timely financing. It takes a lot of money and effort before a new business starts to make a profit. To date, more than 30 million small companies are registered in the United States. And Over 627,000 new startups are being opened every year. Every third American ...
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How to Finance Equipment for Your Business

How to Finance Equipment for Your Business

If you have a business, whether it is a big business or merely a small one, whether you are running a hair salon or a food truck the best way to ensure your business runs smoothly and customers get maximum satisfaction is, getting the right equipment. It's not just about getting new ...
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Small Business Grants for Women: 15 Opportunities You Need to Know

Small Business Grants for Women: 15 Opportunities You Need to Know

Current available data shows that about 40% of startup businesses in the United States are owned by women, which accounts for the increase in inquiries about business grants from women entrepreneurs. Moreover, the number of women-run U.S.-based enterprises is twice the growth rate of businesses run ...
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Cash flow Strategies for Your Struggling Small Business

Cash flow Strategies for Your Struggling Small Business

The #1 Reason Small Businesses Fail If you want to be successful as a small business owner, you must understand how to properly manage cash flow, because cash flow is the bloodline of any business. In the small business world today, around 61% of startups struggle with poor cash flow, observed ...
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The 10 Most Common Project Management Mistakes to Avoid

The 10 Most Common Project Management Mistakes to Avoid

Project management is a messy business. As a small business owner, you likely find yourself putting out fire after fire without any time to strategize and accomplish the goals you initially set out. Unfortunately, that sporadic management process not only leads to personal stress-level elevations, ...
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5 Important Business Phone Features You Should Know About

5 Important Business Phone Features You Should Know About

Have you ever really considered how important a phone system is for your business? Unfortunately, most people take their phone system for granted and don’t view it as a vital business component. You may ask why phone systems play such an essential role in the running of any business. The answer is ...
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Invoice Factoring | What Is It and How Does It Work?

Invoice Factoring | What Is It and How Does It Work?

What Is Invoice Factoring? Invoice factoring is a transactional process in which a business sells its unpaid invoices to a factoring company at a discount. You may also hear people refer to it as accounts receivable factoring or even just factoring on its own. Some also refer to it as invoice ...
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How to Open a Successful Hair Salon

How to Open a Successful Hair Salon

Starting a hairdressing salon business can be very challenging. As the owner, your main responsibility is establishing the structure of the salon. You may choose to manage it or cut hair. Managing the business require you to be the wearer of many hats: you may need to be an entrepreneur, a ...
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Top 7 Payroll Options for Small Businesses

Top 7 Payroll Options for Small Businesses

All businesses, whether large or small, must be able to effectively manage its payroll activities. If an employee is not paid on time or correctly, there could be serious legal consequences, not to mention the likelihood of increased staff turnover. Isn't it about time that you make the effort ...
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