Small Business Blog Posts | Page 15

Your side hustle may not be your primary focus. After all, you’ve still got bills to pay and health coverage to maintain, so you don’t want to endanger your day job in the pursuit of a dream. Nonetheless, the same elements that translate to a greater likelihood of business success apply regardless of whether your business is your part-time or full-time endeavor.

Understand what a business line of credit is, how it works, and how it could solve your cash flow problems. Find out how to get one for your small business.

Personal guarantees are often required for loans, credit cards, and other types of business financing. Learn about the different types of personal guarantees you might come across, and how to avoid the bad ones, when you’re looking for business funding.

From a merchant’s standpoint, the difference between a credit and a debit card matters less than it does to the consumer, but the difference is still detectable because the transactions carry different costs. In fact, because a PIN pad is needed to initiate true debit charges, a merchant must buy a point of sale terminal with a PIN pad before true debit charges can be processed. For larger ticket items, a true debit charge can cost the merchant less to process than a credit charge or a credit path debit charge.

A business line of credit offers flexible access to funds, but not all lines of credit work the same way. Revolving and non-revolving lines of credit differ in how funds are reused, how interest accrues, and how businesses typically use them. Understanding the difference can help you choose the option that best fits your cash […]

More business owners are moving away from traditional banks and are turning to credit unions for their business financing needs. Offering many of the same services as traditional banks, credit unions are becoming the go-to resources for smart business owners.

You will need anywhere from $1,000 – $100,000 before you start your business, depending on your industry, location, and business plan.

The best business loans for veterans include not only SBA loans for veterans, but also online veteran business loans such as small business term loans and lines of credit.

Business registration is a necessity for most, but not all, small businesses. Read our guide to learn what you need to legally register your small business, the steps to register a new business name, and how much business registration costs.

A credit card refund fee is a penalty fee on refunded transactions and are charged by credit card processing companies. In most cases, merchants will not have to pay a credit card refund fee, but they will not be refunded the processing costs they paid during the initial transaction.