Boost Your Business: Insights for a Bigger Bottom Line
As a small business owner in Washington, you might be wondering what kind of businesses are thriving and where the opportunities lie. With a diverse economy and a population constantly on the move, the Evergreen State offers a wealth of possibilities for entrepreneurs willing to tap into emerging trends and unmet needs.
.stk-6faae37{border-top-left-radius:8px !important;border-top-right-radius:8px !important;border-bottom-right-radius:8px !important;border-bottom-left-radius:8px !important;overflow:hidden !important;border-style:dashed !important;border-top-width:1px !important;border-right-width:1px !important;border-bottom-width:1px !important;border-left-width:1px !important} The Small Business Administration’s (SBA) loan portfolio has shown consistent growth over the past decade, with the most significant expansion occurring in the 7(a) Regular program. From 2014 to 2023, the 7(a) program’s unpaid principal balance grew substantially from $68 billion to $110 billion, … Read more
The Small Business Administration (SBA) loan data for 2023 reveals that service-oriented industries dominated lending activity. Accommodation and Food Services topped the list with 8,504 loans, likely reflecting the continued recovery and expansion of restaurants and hospitality businesses post-pandemic. Construction followed closely with 8,148 loans, indicating strong growth in building and development sectors. Retail Trade … Read more
Imagine this scenario: A severe storm hits your area, causing widespread power outages and flooding. Your small business is forced to close its doors for an extended period, leaving you unable to operate or generate revenue. This situation, while unfortunate, is a stark reminder of the importance of having a solid business continuity plan in place.
Are you considering starting a small business in Iowa? With its strong economy, low cost of living, and supportive business environment, the Hawkeye State offers plenty of opportunities for aspiring entrepreneurs. But before you dive in, it’s essential to understand which industries are thriving and what types of businesses are in high demand. Let’s explore some promising ventures for small business owners in Iowa.
Starting an online business with Shopify can be an exciting and rewarding venture, but it can also be a bit daunting, especially if you’re new to the world of e-commerce. That’s why we’re here to break it down for you in simple, easy-to-understand steps.
The Best Small Business Opportunities in Montana
Starting a cleaning business can be a rewarding and lucrative opportunity, but it requires careful planning and execution. Picture this: you’re your own boss, setting your own schedule, and building a successful enterprise from the ground up. Sounds enticing, doesn’t it? However, like any business venture, there will be obstacles to overcome. But don’t worry, we’ve got your back!
You’ve been in the trenches, building your small business from the ground up, and now it’s time to start thinking about the future. Succession planning may not be the most exciting topic, but it’s a critical component of ensuring the long-term success of your company. Whether you’re planning to retire, sell your business, or pass it on to the next generation, having a solid succession plan in place can make all the difference.
Woodworking: Turning Your Passion into a Profitable Business
