Essentials for Getting a Business Loan

To start or grow any business, you’ll need funding and most businesses are funded through three sources: personal savings, loans from friends & family and commercial loans from banks. If you’ve already tapped through the personal savings and the friends and family, it’ time to get ready for that first commercial loan. And like any project, preparation is half the …

Immigrant Entrepreneurs Intensify Small Business Growth

By Morris Beschloss Although it’s already a well-known fact that America’s independent small business sector generates more expansion than the rest of the world nations combined, little has been indicated about the intensifying role played by the nation’s immigration surge, and the Hispanic population sector’s contribution, in particular. According to Kansas City, MO-based Kauffman Foundation “Immigration entrepreneurs launched 28% of …

Home of the Free, Land of the Entrepreneur

By Frank Holmes At 16, Jan Koum immigrated to the U.S. from his native Ukraine, then still under communist control. He and his single mother rented a small two-bedroom apartment on government assistance and relied on food stamps. Even though he didn’t own a computer at the time, Koum devoured computer networking manuals and became proficient at hacking, a skill …

The Early Years of Entrepreneurship

A Step-by-Step Approach to Surviving and Thriving By Caron Beesley   Entrepreneur and founder of The Body Shop Anita Roddick once said: “Nobody talks about entrepreneurship as survival, but that’s exactly what it is and what nurtures creative thinking.” The first few years of small business ownership are undoubtedly the toughest, a huge test of entrepreneurial character.  And data proves …

4 Ways to Build Lasting Customer Relationships

By Rieva Lesonsky Getting repeat business is the secret to success for every entrepreneur. But what’s the secret to repeat business? According to the Spring 2015 Bank of America Small Business Owner Report, nearly six in 10 (57 percent) of small business owners say strong customer relationships are the driving force behind repeat business. In fact, established customer relationships were …

10 Tips to Help You Build and Grow a Stand-Out Small Business Brand

By Caron Beesley The United States loves small businesses – it’s official! That’s according to a survey by the Pew Foundation which found that 71 percent of Americans view small business more favorably than any other institutions, including religious organizations. Why is this? Well, small businesses are seen as a positive influence “on the way things are going in this …