Month: February 2021

When a business starts, it requires capital for its initial phase and its growth. In most cases, people use business startup loans to finance their businesses due to a lack of capital. A business owner can use this loan to purchase furniture, equipment, supplies, real estate, machinery, and inventory. The following are ways on how to get a business loan for your startup; SBA 7(a) Loans. In most scenarios, the Small Business Administration does not make loans; instead, it assures them. There are many different kinds of Small Business Administration loans, and the 7(a) package is the most common as it offers up to five million dollars worth of loans. There are several qualifications required to get the loan, such … Read more

If you are looking for ways to bolster your company’s revenue and improve the way things are going in 2021, your website is the first place to start. During the coronavirus pandemic, your website is likely the only port of call between you and your customers, meaning that it has gained importance dramatically in recent months. If your site seems shabby or is difficult to use, this can only reflect poorly on your company. In an increasingly digital world, the need for a bespoke, beautiful, and user-friendly website is never going to go away. Improving your company website can be done in myriad ways, and should be a unique project that caters to your business’s specific needs. If you are … Read more

With cell phones, television, makeup, and cultural pressure, children as young as elementary school are learning certain realities of the world. As kids grow and develop, it is important that they are equipped with the resources they need to navigate life successfully. How to Learn About Money One important area of maturity that children do not typically understand is money. Many students that leave for college are not prepared to financially manage life in the “real world.” It’s important that parents teach their children about managing finances adequately. In this article, we will share four important lessons that your kids need to learn about money. 1. Money Does Not Determine Self-Worth Many teens struggle because they compare themselves to others. … Read more

When starting your own business, some statistics may deter you – for example, ‘barely 50% of new companies make it to their fifth year, while only 40% turn out profitable.’ While the reasons behind these numbers may vary from one business to the other, lack of finances has been a critical factor. It’s practical for a potential entrepreneur to find smart ways to save money which you can subsequently reinvest into the business. Need ideas? Here are four ways you can save money on your start-up.  How to Save Money When Starting Your Own Business 1. Scale back on the business idea  Beginning a retail store or café may be a dream business, yet it requires lots of funding to … Read more