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17 08, 2022

3 Ways To Grow Your Business During A Downturn

2022-08-17T19:43:55+00:00

It would be an understatement to say the last few years have been challenging for business owners. The COVID-19 pandemic upended just about every norm we’d come to take for granted—such as having the ability to serve customers in person and receive supplies on demand. Just as many industries began to recover, inflation reared its [...]

3 Ways To Grow Your Business During A Downturn2022-08-17T19:43:55+00:00
7 08, 2022

How Businesses Survive a Recession and Thrive

2022-08-07T19:33:54+00:00

If your business survived all the challenges created by the pandemic, you may feel you deserve a well-earned “breather” to enjoy your accomplishment. Unfortunately, there’s another potential challenge coming your way if predictions of a recession hold true.   As you may know, a recession is defined as two consecutive quarters of negative economic growth. [...]

How Businesses Survive a Recession and Thrive2022-08-07T19:33:54+00:00
19 07, 2022

How Business Owners Are Addressing Inflation

2022-07-19T00:31:55+00:00

It’s a tough time to be a small business owner. Supply-chain issues and workforce challenges are having a negative effect on just about all businesses, but inflation seems to be the biggest culprit—for 91% of small businesses according to a recent Goldman Sachs survey—with increasing energy costs, in particular, playing havoc with bottom lines.   [...]

How Business Owners Are Addressing Inflation2022-07-19T00:31:55+00:00
8 07, 2022

3 Reasons Why Companies Are Reshoring (During Rising Inflation)

2022-07-08T23:44:20+00:00

“Made in America” is seeing a resurgence, due in large part to what happened to the global supply chain during the pandemic. According to the Reshoring Initiative’s latest Data Report, reshoring and foreign direct investments job announcements hit a record in 2021. The report notes that the year-over-year increase is almost exclusively due to companies [...]

3 Reasons Why Companies Are Reshoring (During Rising Inflation)2022-07-08T23:44:20+00:00
21 03, 2022

Cannabis Business Loans — Part 1

2022-03-21T22:48:44+00:00

While more and more cannabis businesses are being recognized as legitimate operations, the path to financing in this industry is still a bit murky. Cannabis remains a Schedule I controlled substance on a federal level, so even if it’s legal in your state, you won’t be able to get a cannabis business loan from a [...]

Cannabis Business Loans — Part 12022-03-21T22:48:44+00:00
10 02, 2022

Impact of Inflation on Businesses 2022

2022-02-10T21:11:36+00:00

The best-laid plans for many businesses have been rudely thrust aside for the last couple of years, with the COVID-19 pandemic causing a significant upheaval to business as usual. While there seems to be light at the end of the tunnel, with the number of new cases finally starting to subside, the reality of inflation [...]

Impact of Inflation on Businesses 20222022-02-10T21:11:36+00:00
14 01, 2022

California’s Landmark Electric Truck Mandate: How It Will Affect Businesses

2022-01-14T03:37:42+00:00

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 [...]

California’s Landmark Electric Truck Mandate: How It Will Affect Businesses2022-01-14T03:37:42+00:00
7 01, 2022

COVID-19 EIDL Deadline Ends: Other Business Lending Options

2022-01-07T00:08:11+00:00

Just weeks into 2022, many small businesses are still struggling to overcome the ongoing challenges posed by the pandemic. A number of loan programs were put into place to help support business owners grappling with everything they’ve had to face as a result of COVID-19’s consistent spread, but the two most widely used—the Paycheck Protection [...]

COVID-19 EIDL Deadline Ends: Other Business Lending Options2022-01-07T00:08:11+00:00
15 12, 2021

Having A Hard Time Hiring?

2021-12-15T03:24:58+00:00

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 [...]

Having A Hard Time Hiring?2021-12-15T03:24:58+00:00
8 12, 2021

U.S. Businesses Are Bullish Despite Ongoing COVID Threat

2021-12-08T16:55:37+00:00

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 [...]

U.S. Businesses Are Bullish Despite Ongoing COVID Threat2021-12-08T16:55:37+00:00
19 11, 2021

Business Lines of Credit and Inventory Financing for Dropshipping Companies

2022-05-27T05:26:30+00:00

The flexibility of a business line of credit—which allows you to draw against a pre-approved amount of funding and only pay interest on the funds borrowed—makes it a good option for many companies, including drop shippers. Inventory financing may also be something to consider. What is Dropshipping? It’s an order fulfilment method where stores don’t [...]

Business Lines of Credit and Inventory Financing for Dropshipping Companies2022-05-27T05:26:30+00:00
11 11, 2021

SBA announces new changes for EIDL for small businesses

2021-11-11T02:46:13+00:00

The Small Business Administration (SBA) is certainly not immune to the havoc caused by the pandemic to many small businesses. As a matter of fact, it’s just retooled its Economic Injury Disaster Loan (EIDL) program, so even if you were previously turned down for an EIDL, the SBA suggests you reapply. “Our mission-driven SBA team [...]

SBA announces new changes for EIDL for small businesses2021-11-11T02:46:13+00:00
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