Featured Many small business owners rely on traditional business loans and other debt-based financing methods to launch their ventures. But for aspiring entrepreneurs who need small business funding with bad credit, the ability to secure financing can be challenging and seemingly impossible. Thankfully,…
Over the last few months, we have defined C Corporations and what entrepreneurs need to know about registering as a C Corporation. As our series on C Corps draws to a close, there are still a few odds and ends left to cover about this entity. How does a C Corp compare and contrast to other…
If coworking works for you, keep with it. But what happens when it’s not? When you start a business of your own, even before you look to acquire clients, your first focus will be on how to launch and run it while also keeping costs down. You take on as much of the work personally as you can,…
Contents: Resources for Transitioning from Active Duty to Business Ownership Health Insurance Education and Training Networking Opportunities Small Business Financing Options for Veterans Veteran-Specific Grants and Loans Additional Veteran Financing Options Resources for Veteran-Owned Small…
Top 5 Small Business Financing Problems and Solutions I don’t have cash for a down payment. Solution: Combine financing methods, such as using 401(k) Business Financing as the down payment for an SBA loan. I don’t know what my financing options are. Solution: Read and research, just like you…
Steps to Buy a Small Business: When you’ve found the business you want to buy, assess the business environment that it will be operating in. Understand what makes the business successful so that you can replicate that success. Perform due diligence with an accountant, lawyer, and other…
Key Takeaways: To file as a C Corporation, you’ll need a business name and a filled out Form 1120. Depending on your state, you’ll also need to pay a filing fee and publish a notice of intent. You can learn state requirements on your Secretary of State’s website. To form your C Corp,…
Key Findings: With signs of new business growth in Michigan, Pennsylvania, and New Jersey, the Steel Belt is showing signs of resurgence. High population states like California, Florida, Arizona, and Colorado are struggling to make room for new business owners. Oregon has increased to the 5th most…
Rollovers for Business Start-Ups (ROBS) is an innovative method of financing a business. ROBS allows you to access the money in your eligible retirement accounts as funding to buy a business, as a down payment on a larger business loan, or recapitalization for a business. But does ‘eligible’…
