Small Business Blog Posts | Page 3

business loan proposal

How To Write A Business Loan Proposal

A business loan proposal is your opportunity to explain to a potential lender why they should take on the risk of lending to you. It’s a persuasive essay to convince the bank you are a viable business that will not default — you will paint that picture both with a narrative about your business and your profit/loss metrics.

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Jun 8, 2023 Filed under: Business Loans, Small Business
sba loan denied

Why Your SBA Loan Was Denied & What To Do Next

Small Business Administration (SBA) loans are popular with business owners due to their competitive rates and favorable terms. However, these low-interest loans are only available to businesses that meet stringent requirements. Unfortunately, this means that some small businesses will have their SBA loans denied and will need to seek alternative options or apply again in the future.

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Jun 6, 2023 Filed under: Business Loans, Small Business

What Are High-Yield Business Savings Accounts?

Maybe your business has been generating a solid amount of income, and you’ve been storing that cash in a traditional business savings account. You want to make more passive income on your savings, but you don’t want to risk your funds evaporating in a volatile marketplace. A high-yield savings account is the middle ground for business owners in this scenario.

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Apr 28, 2023 Filed under: Business Banking, Small Business
Pay your employees

How To Pay Employees

The most popular employee payment methods are direct deposit and paper check payments. However, other employee payment methods, including cash, cryptocurrency, and pay card payments are also used across the US.

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Nov 3, 2023 Filed under: Payroll, Small Business

Credit Union vs Bank

While banks and credit unions are similar, certain features or perks may make one stand out to you more than the other. With this information, you can make an informed decision about which type of financial institution is the best fit for you.

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Apr 12, 2023 Filed under: Business Banking, Small Business

Best Software For Cleaning Companies

You can use a lot of different software programs to start a cleaning business. We recommend at least having a payment processor, accounting software, some kind of appointment software, and looking for one service that can provide all three. 

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Mar 29, 2023 Filed under: Small Business

How To Start A Candle Shop In 8 Steps

Typically, candles do tend to be impulse purchases. But if you know where to find your ideal customers, rotate stock to keep your business interesting, and strategize product launches around seasons when scents are popular, you may find customers coming back again and again to enjoy the results of your ingenuity.

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Mar 27, 2023 Filed under: Small Business
Starting a laundromat business

How To Start A Laundromat In 8 Steps

Owning a laundromat is simpler than many other types of businesses; your greatest responsibilities will be keeping track of your financials, managing customers, and maintaining your equipment. But don’t let the ease of running a laundromat tempt you into becoming an absentee manager, in which case, your business will suffer as a result.

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Mar 20, 2023 Filed under: Small Business