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Earlier this month, we wrote about how the U.S. economy has begun adding jobs within the small business sector. We advised that a review of the business’s cash flow strategy and financial plan were necessary first steps before adding employees. Let’s assume the financials are in order, and your business is ready to take the next step; it’s time to … Read More
Small Businesses Adding Jobs as Economy Strengthens: Time to Consider a Merchant Capital Advance?
U.S. job growth showed strong, positive signs as 2013 drew to a close, indicating that small business owners are more confident in economic recovery. Is your small business prepared financially for growth in 2014? Will you be able to add jobs along with the rest of the small business service sector?
Trends That May Affect Your Restaurant in 2014
2014 has kicked off with some “game-changer” trends that could shoot your restaurant ahead of the competition. Find out more about these trends and how you can put them in place at your establishments.
There is No “One Size Fits All” Approach to Small Business Financing
There is no such thing as an “one size fits all” approach to small business finance, although standard loan applications may try to dictate otherwise. What’s your strategy for getting money for your business?
Sustainability Doesn’t Always Mean Energy-Efficiency: Reducing Food Waste Has Economic Benefits for Restaurant Owners
In the restaurant business, food is money. Reducing the amount of wasted food in your restaurant reduces the amount of wasted money in your business’s cost structure. But there are other ways that reduced food waste contributes to reduced operating costs.
Supporting Small Businesses On “Small Business Saturday” and Beyond
The Saturday sandwiched between Black Friday and Cyber Monday has been dubbed “Small Business Saturday” since 2010. An initiative founded by, funny enough, one of the largest businesses in the US, American Express, Small Business Saturday sheds light on an absolutely critical part of the US economy: small businesses.
Despite Uncertain Economic Outlook, Most Restaurants Plan Capital Expenditures in Months A
With access to capital limited, the result of tight credit markets and the recent government shutdown, which prevented the processing of SBA loans, restaurant owners are looking for alternative ways to fund their capital expense and growth plans.
Crowdfunding Growing Increasingly Popular – But Not Without Risk Potential
Crowdfunding provides a way for small business owners to raise funds when traditional financing sources leave a shortfall…but now without its own risks.
Serve Up a Great Meal and a Strong Financial Plan
In September 2013, QSR wrote, “in the quick-service industry, the path to success is straightforward: offering good-tasting, quality food prepared quickly in a clean and courteous environment.” That seems clear enough; quick-service and fast-casual restaurants got into business with this objective at the top of their lists.
Government Shutdown Means Access to SBA Loans Limited
When the Federal government shut down on October 1, 2013, “non-essential federal employees” were furloughed—meaning they could not go in to work. And while many Americans don’t necessarily feel that effect on a day-to-day basis, small business owners who were considering SBA loans will definitely see the impact.