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New Challenges That Staffing Firms Will Face in 2020

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With unemployment at its lowest level since 1969, it is more challenging than ever for businesses to find the best, most talented employees. There are more jobs available and fewer talented people to fill them, which has led to greater selectivity and willingness to change jobs if a better offer comes along. In addition, employers have to compete to hire …

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What to Do When a Bank Declines a Business for a Traditional Loan

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Banks frequently refuse loans to small businesses as running a business is a risky venture. When a bank turns down your application for a business loan, try one of these alternative financing solutions. Here’s what to do when a bank declines a business for a traditional loan: Research Available Government Grants Grants, subsidies, and various government loans may provide an …

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11 Ways to Grow Your Business This Valentine’s Day

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Valentine’s Day provides an incredible opportunity for businesses to bring in extra revenue. From offering Valentine’s Day-themed items to couple-themed experiences, there are many ways to boost your earnings during the days that lead up to this holiday. Read on to learn how your business can maximize its revenue on Valentine’s Day this year. How to Take Advantage of a …

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How to Grow Your Business in 2020

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Growing a business requires considerable effort. Almost every aspect of your daily operations — including personnel, distribution, IT, sales, marketing, and financing — may require scaling. Without the right strategy, attempting to grow a business may result in major losses. Use the following steps to successfully grow your business in 2020. Analyze and Research Your Growth Strategies Research is the …

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How to Use a Personal or Business Property as Collateral to Gain Working Capital

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There is one fundamental truth for any business out there. It is that you need cash to help progress and grow your business. This isn’t limited to start-ups; it can also encompass limited liability corporations, sole proprietorships, or small businesses that need loans. They will have to have been around for 3 months to multiple years in business. The funding …

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Understanding the Difference Between an SMB and a Start-up Business

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SMBs and start-up businesses may struggle to compete with global organizations. Understanding the differences between SMBs and start-ups may help uncover some of the potential obstacles these faces tend to face. What Is an SMB? A small to mid-size business (SMB) is typically defined as a business with fewer than 1000 employees. You may also categorize SMBs based on their …

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Factoring 2020: Gain Immediate Cash Flow Using Unpaid Invoices

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If you struggle to obtain funding through traditional lenders, factoring provides an effective alternative. The process is simple. We buy accounts receivable (invoices) from businesses and then collect payments from clients. This streamlines the collection process for businesses, leading to several useful advantages including faster access to cash and increased back-office efficiency. Unpaid customer invoices give businesses access to immediate …

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Everything You Need to Know About Merchant Cash Advances in 2020

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Everything You Need to Know About Merchant Cash Advances in 2020 And How to Access the Relief Capital Your Company Needs Access to cash flow is vital for every business. And at some point, every business struggles to maintain it. Whether just starting, looking to expand, or struggling in a downward market, it’s absolutely necessary to have access to funds …

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Business Plan

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Use this completely customizable business plan template to help get your business off on the right foot. Add your logo, your goals, and look professional while doing it! Stay on track of what you are setting out to do and use this template to engage with your employees.   Download Your Business Plan   Check out more of our free small business …

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Payroll Calculator

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A payroll is a list of a company’s employees and the amount of money they are to be paid. The term “payroll” actually refers to the list of employees that receive compensation from a company. However, most companies generally use the term to refer to the money that is paid to the employees or the records that detail how much …