Businesses often start small, but they don’t always stay that way. As you learn to navigate your industry and market, you’ll likely form plans to expand your operations and grow your business. However, finding the capital to fund your plans can be challenging. Many business owners apply for business loans or grants to access more funds. However, the process can be complex, and many trusted financial institutions have low loan approval rates. One good alternative to business loans is a HELOC loan. Read below to learn more about how it works, its advantages, and potential risks. Understanding HE ..read more

As women continue to make strides in the business world, access to capital remains a critical factor in their success. Whether they are starting a new venture or expanding an existing one, women entrepreneurs often face unique challenges in securing funding. To level the playing field and promote gender equality in entrepreneurship, numerous organizations offer small business grants specifically tailored to women-owned businesses. In this comprehensive guide, we will explore various small business grants for women entrepreneurs, providing valuable insights and resources to help them thrive in ..read more

Here, we examine some of the best banks for small businesses in 2024, focusing on their business banking offerings, lending opportunities, and other beneficial features. Best Banks for Small Business Here are some of the best banks for small businesses in 2024, based on our research and analysis: Bank NerdWallet rating Monthly fee APY Bonus Highlights Wells Fargo 4.5/5 $25 0% N/A One of the largest SBA lenders, offering a full suite of banking services KeyBank National Association 4.5/5 $25 0.01% N/A Low monthly fees and multiple business checking offers Chase Bank 4.5/5 $0 0% $400 ..read more

According to Capital One, 72 percent of US adults had a FICO Score of at least 670 (a “good” credit score) in 2022, with the average FICO score being 714. While most have a “good” credit score, the figure above means that 28 percent of adults still have bad credit. There are about 258 million adults in the US, meaning approximately 72.24 million Americans have “bad” credit. If you’re among those with bad credit, don’t worry. Boost your credit score today for five compelling reasons. 1. Quicker Business Loan Approval If you plan on starting a small business but don’t have the necessary funding ..read more

According to Brookings Institution statistics, middle-income families with two children will spend over $310,000 raising a child from 2015 until 17 years of age in 2032. Starting a family can be expensive, and many parents and caregivers will make sacrifices to ensure their children have what they need to thrive. While navigating the financial challenges of parenthood is undoubtedly challenging, you may be able to take some of these helpful actions: Apply for Loans Car loans for family-friendly vehicles and payday express loans for unexpected costs can be helpful for families unable to cover b ..read more

The news industry has witnessed a significant decline in profitability over the past decade, prompting billionaires like Jeff Bezos, Patrick Soon-Shiong, and Marc Benioff to step in and acquire renowned media outlets in an attempt to revive their fortunes. However, it seems that even their substantial resources and expertise have not shielded them from the challenges plaguing the industry. In this article, we will explore the struggles faced by these billionaire owners and the impact it has had on publications like The Washington Post, The Los Angeles Times, and Time magazine. The Initial Opti ..read more

At its core, the idea behind a startup is simple. It’s a business that is in the earliest stages of its operations. Oftentimes, it is financed directly by its founders, although they usually actively seek outside investors and founders. Some of the biggest companies in the world began along these lines. Airbnb, Facebook, Instagram, and others all had the “startup” moniker at one point. They were able to grow and evolve because they were young and exciting. They presented fresh, new ideas to the industries they were targeting. The same is often true in the world of real estate. At any given mom ..read more

China’s leaders are taking decisive action to address the nation’s ongoing property crisis. With an estimated $446 billion shortfall in funding needed to stabilize the industry and complete millions of unfinished apartments, Chinese policymakers are implementing measures to alleviate the situation. The government is finalizing a draft list of 50 developers eligible for financial support, including industry giants such as Country Garden Holdings Co. and Sino-Ocean Group. Simultaneously, the country’s top lawmaking body is urging banks to increase funding for developers, aiming to reduce the ris ..read more

Buying an existing business might seem like a better investment than starting a new one from scratch. There will already be foundations in place you can build on, and your work will focus on expansion and growth. However, it can also be quite a risky move. How can you make sure the risks are minimal and that the business you purchase is a sound one? Here’s what you need to know. Determine Why You Want to Buy the Business As Simon Sinek would say, start with why. Why do you want to buy a business in the first place? Do you want to earn a lot of money? Do you want to become a proficient CEO? Do ..read more

In recent years, WeWork, the once-prominent office-sharing company, has experienced a stunning downfall, culminating in its filing for Chapter 11 bankruptcy protection. This article delves into the events leading up to WeWork’s bankruptcy, exploring its valuation, failed attempts at going public, and the impact of the COVID-19 pandemic on its operations. We will also examine the implications of this corporate collapse and the future prospects for WeWork. The Rise and Fall of WeWork WeWork emerged as a major player in the office-sharing industry, captivating investors and reaching a valuation o ..read more