Securing a business loan can be essential for growth, expansion, or simply keeping operations running smoothly. However, being rejected for financing can be frustrating and damaging to your credit and confidence. If you're preparing to apply for a business loan, here are 7 ways to boost your chances of approval and avoid the most common pitfalls that lead to rejection.

Every business wants to increase profit as much as possible. We are in business to make money. For you non-accounting types, profit is simply revenue (sales) less expenses. Putting my Captain Obvious hat on, there are two ways to increase profit: increase revenue or decrease expenses, or some combination of both. This post focuses on one big tip to help you

If you like most small businesses, yours probably isn’t where you want to be.

Starting a business isn't cheap. According to some estimates, startup costs in the first year alone can range from $30,000 to $40,000. What if you don't have that kind of cash on hand? That doesn't mean that you can't start a business of your own. Read on for some resources that can help you pursue entrepreneurship even if you don't have a lot of money.

You’re a busy small business owner concentrating on the daily challenges of managing and building your business. It can be overwhelming differentiating your product or service from the competition, turning prospects int

Is your business dealing with debt? If you’re like many small businesses, the answer is likely yes. While taking on some debt may have...

Many people dream of owning their own business. Chances are, if you are reading this, you are one of them. Maybe you’ve even already started. At some point however, the tasks involved in running a business become too large for one person to handle. Perhaps you are at that point with your business. One of those tasks is keeping the books.

Owning one’s own business is the dream of millions, yet many feel it isn’t attainable. But the days of giving up everything and risking...

Happy New Year. Welcome to the first post on the new year. You’ve spent countless hours coming up with an idea for your business. Now...

Last time, I gave you some characteristics of highly successful people. Here are six more. Always Learning and Investing in Themselves: ...