A lot of aspiring business owners ask themselves the question, “Should I buy a franchise?” at some point. A restaurant franchise is a turnkey business, and while the initial investment can be quite high, your parent company provides you with a proven method for success—as long as you have the time and money to get […]
Owning a franchise is a career path some people look into when their life circumstances change. For example, recent retirees or veterans returning to civilian life often turn to franchising. But really, you don’t have to have any special circumstances or qualifications to become a franchisee. You do, however, need to know what you’re getting […]
Do an online search for “business grants for women” and a slew of articles will come up. But when you click to read the articles, you’ll find that there is scant, if any, information on actual grants. Often, when you do find the name of a specific grant for female-led businesses, like the “Huggies Mom […]
Startup capital is a necessity for virtually all businesses. However, the cost to start a business varies widely depending on what kind of business you are starting. For example, a home-based endeavor such as a dropshipping company or an Amazon business can cost less than $1,000 to get off the ground; the same goes for […]
One of the wealthiest states in the nation, Maryland is considered one of the best U.S. states to live and work in. Being one of the 13 original colonies, Maryland is also among the nation’s oldest states; however, that doesn’t mean it rejects the new. Its largest city, Baltimore, was named by Forbes as one […]
Arkansas is a great place to start a business, with its low cost of living and even lower cost of doing business—in fact, Arkansas’ cost of doing business is the lowest in the United States. Whether you have an established business in Central Arkansas’ vibrant Little Rock metro area, or are opening up shop in […]
Veteran-owned businesses are an important contributor to the national economy and account for a whopping 9 percent of US companies, according to the US Census Bureau. Census data also shows that the majority of veterans (61.7%) rely on personal savings to start their business, while fewer than 10 percent of vet-owned firms get business loans. […]
There are two basic types of business loans: secured and unsecured. Many business owners don’t have any collateral to pledge for a secured bank loan, and may have difficulty getting an unsecured loan as well, as the banks they do business with don’t offer unsecured loans. Cue the scores of marketplace lenders (that is, non-bank […]
Registering for things is one of those annoying but unavoidable parts of life, whether you’re registering for school, a fishing license, or a business permit. For businesses in particular, registration legitimizes your business as a legal entity in the eyes of your local, state, and federal government. Registration also offers certain protections for your business—for […]
OnDeck and LoanBuilder are both forces to be reckoned with in the short-term business loan space. OnDeck is probably the more recognizable name, but LoanBuilder was recently acquired by PayPal, which is arguably one of the most recognizable names there is. Both lending services are easy to apply for and have relatively lax borrower requirements, […]
