All posts by Mariela Merino

As a small business owner, you know that there are many obstacles you can face on the road to success. It is inevitable to experience ups and downs, even if you are meticulous about financial forecasting.

If you are a small business owner, it is likely that you will run into the need for some extra cash to purchase inventory, hire staff, or buy an expensive piece of equipment that will streamline your processes.

Most small business owners rely on small business loans when they seek financing. However, most small businesses are denied a loan.

You might have had every good intention of paying back the loan you needed when you were tight on cash. But now you might have fallen behind on the payments or you cannot catch up anytime soon. Whether the loan came from a traditional bank or an online lender, here is what happens when you default on a loan.

Online lending is a loan that is not directly from a traditional bank. Many online lenders are referred to as an online lender because they are an alternative to a traditional bank. The term has been used to include credit unions, government loans and other credit that is structurally similar to bank loans but comes from or through a different source.

Businesses that are large or small rely on borrowed capital to fuel growth and fund other initiatives. Small business owners need to understand how their credit impacts their ability to borrow more than the average consumer looking to purchase a car or house.

Having a good marketing strategy is essential for any business no matter the type of industry you are in. it can help a small business build brand awareness and accomplish their goals. Here we are going to discuss what you can do to create a small business marketing strategy that works for your business.

Declaring bankruptcy is not an easy decision to make. It is the solution business owners turn to after going through all the other options. Business owners realize they need to make a major move to pay off outstanding debt and close or reorganize their companies.

It is crucial to continue growing your business whether to raise profits, expand operations, or shelter against economic disasters. It takes time, strategy, and money to grow but there are many ways to make an impact without overspending.

So, you want to buy out your business partner but do not know where to start. It is normal, the process can be complicated. To minimize potential issues, it is critical to approach a buyout with care and having a strategy. If you are considering changing your business partnership by buying out another partner, the following six steps will ensure you have a smooth transition.