With the arrival of the new year, small business owners nationwide are preparing for the commercial loan process with the recent memory of 2015 looming. More often than not, small business lending last year favored bigger companies. Owners wouldn't be to blame for thinking more of the same is in order for 2016. But fortunately, … Continue reading A good year for small business lending
It used to be that small businesses relied on close, personal relationships with their local banks. That's no longer the case. Since the financial collapse almost a decade ago, many small banks have been absorbed by larger – and fewer – institutions. The banks of today are so big that most times they don't consider … Continue reading Big banks not the help to small businesses they once were
Small businesses are responsible for the majority of new job creation in the United States, and this has been the case for decades, as the economy has long been reliant upon entrepreneurs to grow and stabilize. This is one of the reasons why so many studies are conducted each month to evaluate exactly how well … Continue reading The quiet improvements in small business employment
Some of the more telling types of surveys with respect to the health of the United States economy are those related to small business optimism, as sentiments among entrepreneurs can generally be indicators of how employment rates, gross domestic product and other matters will play out in the near future. Luckily, given the widespread economic … Continue reading Optimism remains high among entrepreneurs
After the major improvements in small business lending, consumer spending, real estate values and gross domestic product that accelerated in 2014, many economists have been hopeful that entrepreneurs will remain in a strong position to excel this year. Several reports released since the new year have been somewhat hot and cold, though, especially those related … Continue reading How are small businesses faring in 2015?
The deadline for small business owners to file their taxes is rapidly approaching, with entrepreneurs needing to do the lion's share of preparations this month and in early March. Even when a small business owner has been around the block a few times, these matters can become highly confusing and somewhat tumultuous, especially as so many … Continue reading Tips to file small business tax returns like a pro
One of the key trends in the private sector that has gained serious traction in the past few years is modern digital commerce, with more transactions taking place through mobile phones and corporate websites as time goes on. Small business owners, empowered with stronger access to commercial loans, appear to be embracing the solutions and … Continue reading Entrepreneurs brace for the next generation of commerce
One of the main reasons small business owners are viewed as the engine of the United States economy is the fact that entrepreneurs contribute the lion's share of hiring to the nation's employment situation. For decades now, small businesses have accounted for nearly two-thirds of all new jobs created, and this is expected to be … Continue reading Small business employment increases raging on
Small business owners have a wealth of responsibilities on their plate, and this is often recognized as being a simple and straightforward component of being an entrepreneur. From acquiring the necessary small business loans and staffing the workplace to deciding upon brand positioning and building up a prolific IT department, there are so many requirements … Continue reading Tax season is around the corner, is your small business prepared?
Small business optimism struck some of the lowest levels in history when the Great Recession was in full swing, with entrepreneurs becoming disillusioned and less hopeful about the future. However, it has not taken long for positive trends such as a resurgent small business lending market to begin impacting the sentiments of entrepreneurs, as optimism … Continue reading More signs of positive sentiments among entrepreneurs