Boost Your Business: Insights for a Bigger Bottom Line
In today’s fast-paced and highly competitive business landscape, the ability to continuously develop and improve products or services is essential for small businesses to thrive. Whether you’re a startup or an established company, having a strong product development team and culture can mean the difference between stagnation and growth, between falling behind or staying ahead of the curve.
The Small Business Administration’s charge-off data from 2014 to 2023 reveals interesting trends across its three main lending programs. The 7(a) Regular program, which is SBA’s primary lending program, showed the highest charge-off amounts throughout the period, peaking at $1,475 million in 2015 before experiencing a general downward trend. The most dramatic decrease occurred between … Read more
In today’s digital age, technology has become an integral part of running a successful small business. From managing customer relationships and streamlining operations to building an online presence and staying competitive, the right IT infrastructure and solutions can be game-changers. However, for many small business owners, the challenge lies in effectively managing IT costs while ensuring their technology needs are met.
Are SBA Loans Hard to Get?
“I’d love to open my own restaurant, but where do I even start?”
Are you considering starting a small business in Rhode Island? With its rich history, vibrant communities, and diverse population, the Ocean State offers plenty of opportunities for entrepreneurs looking to tap into unmet market demands. In this article, we’ll explore some of the most promising business ideas that could thrive in Rhode Island.
As a small business owner, one of the most critical decisions you’ll make is choosing the right legal structure for your venture. This decision will have far-reaching implications for your personal liability, tax obligations, and even the way you operate your business on a day-to-day basis. With so much at stake, it’s essential to understand the various legal structures available and carefully consider which one aligns best with your goals, resources, and long-term vision.
You’ve taken the leap into entrepreneurship and started your own small business—congratulations! As your company grows and you begin hiring employees, one crucial aspect you’ll need to tackle is payroll. The thought of handling payroll might seem daunting, but with the right approach, it can be a straightforward process. Let’s dive into how small businesses like yours can set up a payroll system that keeps your employees happy and your business compliant.
Building a strong brand identity is crucial for small businesses in today’s competitive marketplace. A well-defined brand identity serves as the foundation for all your marketing and promotional efforts, helping you stand out from the crowd and forge meaningful connections with your target audience.
Pertinent Books • Starting a Business All-in-One For Dummies • Legal Forms for Starting & Running a Small Business: 65 Essential Agreements, Contracts, Leases & Letters • Rocket Lawyer LLC ServicesAs an Amazon Associate I earn from qualifying purchases Running a small business requires meticulous attention to various crucial areas to ensure smooth operations and … Read more
