Monthly Archives: January 2008

Did you know that you can use social networking sites to promote your business?  This is true whether you have a hair salon, a restaurant, a bar or an auto shop.  Social Networking sites (like MySpace ) are free and are a great way to advertise, build, and maintain your customer base. A quick search on […]

You’ll find a lot of articles with the top seven, but most ignore alternative financing options like number 8. Commercial bank loans. – Key to remember:  Because one bank says no, doesn’t mean others won’t say yes.  If you are looking into this option, be prepared to apply at multiple banks. SBA loans. – With […]

From the New Yorker:  “When I mortgaged my soul, you didn’t tell me it had an adjustable rate.” (Man talking to devil in office.) As the old adage goes:  The large print giveth, the small print taketh away.  More and more individuals and small businesses are learning this the hard way now that interest rates […]

I had an inspirational thought today as I was looking through the business headlines.  All those businesses out there buying other businesses for millions of dollars: they all started as small businesses.  Pretty much every business in existence started as a small business.  Whatever your field, there are large businesses in your field which started […]

Do you ever get really excited, because you come across a program which adresses a pet issue – a pet issue which is rarely adressed?  Well that’s how I feel right now.  I came across a great program yesterday which addresses a pet issue of mine, and could help your business, and your city in […]

One thing that I consider fun (we all have to have hobbies) is taking something that appears on the surface to be a niche and only specific to a small group of people, and extracting essential principles which are Truths.  I then apply those Truths to completely different situations.  This is, in itself, is a type of […]

Okay, I admit it.  If you can’t tell already from my more recent posts, I am a bit of a cynic when it comes to the ease and even the possibility of most small businesses qualifying for a traditional bank loan.  However, I came across a more optimistic writer, and decided to share this CNN […]

 In the following transcript from the podcast of The Great Big Small Business Show, we see that business cash advance through credit card factoring is gaining in popularity and reputability.    A simple “swipe” of a customer’s credit card keeps your working capital advance up to date. Since the rate at which they collect the money is determined by […]

 Article Name: Show Me The Money: Funding Your Small Business  In an article I read from MShale (The African Community Newspaper), Ongeri does a case study on a minority-owned small business in seek of financing.  He lays down two options: debt or equity. Equity is partnership, debt is a loan. It is a good article, and has […]

“O.K., folks, let’s move along. I’m sure you’ve all seen someone qualify for a loan before.” (Policeman talking to a crowd peering through a bank window.) I think many of us can appreciate this cartoon, especially now that getting a loan is so difficult. If your business doesn’t qualify for a bank loan, or you don’t […]