If your business requires a good deal of equipment to operate, you may want to consider looking into equipment financing as an alternative to paying upfront for everything. If you think equipment financing is a pipe dream, you are incorrect. Everyone’s situation is different, so decisions will be made on a case-by-case basis, but simply [...]
According to ReseachAndMarkets.com, the global cosmetic surgery and procedure market size is expected to reach $145.7 billion by 2030, registering a compound annual growth rate of 9.6%. This increase is primarily attributed to the popularity of digital photography, consumers’ rising need to boost self-esteem and the introduction of self-monitoring apps. If you own a [...]
With millions of Americans considering their pets to be an important part of their family, you would expect that the pet grooming industry is pretty healthy — and you would be right. According to IBIS World, the market size of the pet grooming and boarding industry has increased faster than other services, and it stands [...]
Following on the heels of the Advanced Clean Trucks (ACT) Regulation approved by the California Air Resources Board (CARB) to accelerate the first wave of zero-emission trucks, Senate Bill 372 was passed last year to provide financial incentives for affected businesses. These measures aim to improve air quality and help the state achieve its aggressive [...]
If your business has committed to a new project that requires hiring new people, and you are finding it difficult to find quality employees, you are not alone. A nationwide hiring shortage has resulted in a job seeker’s market—there’s a lot to choose from, so people are being really selective. At a recent job fair [...]
The last year+ has certainly been challenging for all business owners. “Business as usual” went out the window as everyone faced unique obstacles resulting from the pandemic. While the U.S. is not out of the woods yet, there seems to be a cautious optimism that the worst is behind us, and a “new normal” is [...]
Most people have some familiarity with personal auto loans, and while there’s quite a bit of overlap when you move into the area of business auto loans, there are some differences to be aware of, too. Business Auto Loans An auto business loan is, in essence, a form of equipment financing; you access low-cost capital [...]
We’ve all faced the decision of whether to finance something or purchase it outright—maybe when buying a car or another big-ticket item. When it comes to your business, however, the stakes get significantly higher when you are considering whether financing or purchasing equipment is right for you. The answer to the finance or purchase question [...]
If there’s one thing most Americans would agree on, it’s that 2020 has been a particularly challenging year, especially for small businesses. One of the bright notes in an otherwise somber time comes with the news that the ceiling for Section 179 deductions — which allow businesses to write off the entire purchase prices of [...]
The start of a new decade offers plenty of opportunities to take a hard look at your business and decide if you’re headed down the right path. Staying current with buying trends is one way to ensure you’re doing all you can to make it easy for customers to do business with you. For example, [...]
The hotel and motel industry has experienced robust growth over the past five years — despite being highly susceptible to changes in the global economic environment. PwC’s midyear Hospitality Directions U.S. outlook expects the industry to remain stable through 2020, but there are some storm clouds on the horizon; the industry reported its lowest first-quarter [...]
Specialty medical practices play an extremely important role in society, helping patients minimize pain, recover faster from disease, and learn to live with disabling injuries or chronic conditions — not to mention saving lives. Their focus on providing care makes it easy to overlook the fact that medical practices are businesses that need to be [...]
