Lenders want borrowers to pay as much interest as possible, which is why some loans discourage and penalize early payment through the use of prepayment penalties. However, using the strategies outlined in this article, you may be able to make prepayments on your business loan while avoiding or minimizing any penalties, even if your loan does include a prepayment penalty.

Seed funding can be any amount of money, from any source, that helps move a business from the conceptual phase to the implementation phase. Seed funding is typically a small amount of money relative to the scope of the business proposal and often comes from personal sources like family and friends.

You’ve probably heard the old cliche: You’ve got to spend money to make money. Businesses are investments, and investments imply an allocation of money. Or do they? We talked to business owners who say they started their companies without any substantial outlay of money to find out how they did it.

Selling a business can be a lot more complicated than it might seem at first glance. In this post, we’ll dig into the hows and what-ifs you’ll want to explore before, during, and through the transitional phases. Understanding the basics and planning can help you avoid falling into some of the common pitfalls that may spring up during the process of a business sale.

With a passion for education, a love of working with students, and specialized skills to share, you can go far as a tutor and especially as the owner of your own online tutoring business. Read on to learn how to make an online tutoring business plan and eight simple steps to get you on your way to owning your own business!

Sadly, as the global COVID-19 pandemic wreaks havoc on our world and our institutions strain to cope with it all, scores of businesses are facing the excruciating reality that remaining in operation just isn’t feasible. As terrible as it is, there are steps you need to take to ensure that the pain of closing your business isn’t even more devastating to your employees and your finances than it needs to be.

As a restaurant or retail business owner, pairing with one ore more of these companies can potentially bring in a boon of new revenue. However, with so many choices, are certain services better than others? Let’s take a look at what separates some of the more popular third-party delivery services in the industry, and hopefully, you can decide which one, if any, makes the most sense for your company.

Subscription boxes are all the rage for consumers, with everything from jewelry to collectors’ items and even food and drinks. Here’s what you need to know to plan, launch and grow a subscription box business.

Selling at a farmers market sounds easy but it does require research and preparation. Here’s what you need to know to start selling, the best payment processors to use, and some marketing tips to help your small business grow at the farmers’ market!

Registering your nonprofit can provide your organization with distinct advantages like legal protection, tax benefits, access to funding and discounts, and more. Learn what it takes to register your nonprofit organization.