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 …
What to Do When a Bank Declines a Business for a Traditional Loan
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 …
Understanding the Difference Between an SMB and a Start-up Business
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 …
Factoring 2020: Gain Immediate Cash Flow Using Unpaid Invoices
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 …
5 Reasons You Should Create a Budget
All too often, people with good jobs and healthy bank accounts eschew the task of creating a household budget. They assume budgets are for the financially struggling who need to count their pennies to avoid bankruptcy or worse. Yet you can not plan for the future based on such assumptions. For anyone with goals — even if the goal is …
Budgeting Tips Every Entrepreneur Should Know
If you want to succeed in your business, then you have to make a budget every year. This is because everything in your organization, including putting up a simple advert such as “we buy houses in Pittsburgh” will require you to spend money, and if you finance it without a plan hoping that numbers will work out themselves, you will …
How to Stay Fit Working a Desk Job
Diet Keep healthy snacks on hand at your desk at all times. Foods such as veggies, nuts, and even granola bars are better than the alternatives. If you don’t snack on healthy foods throughout the day you’re more likely to indulge in a huge, heavy lunch or the desserts a coworker brought in. Learn to meal prep and make large …
Restaurant Marketing Tips in 2018
Get a Website A website is a MUST for any business. Maybe one of the most important restaurant marketing tips we can offer. Without a website, how can people verify you are a real business? Or read your reviews or even find your location? This one is non-negotiable! Some choose to rely solely on a Facebook page but there are great …
Common Mistakes to Avoid When Opening A Restaurant
Not recognizing what your customers want This is probably the worst of the common mistakes to avoid when opening a restaurant; if you focus on what you want more than what your customer wants, you are asking to fail. You cannot run a business successfully if you do not listen to what would make your customers happy. Listening to your …
Easy Ways to Make Your Computer Run Faster Without Any Technical Skills
Make sure you have enough open space One of the best easy ways to make your computer run faster without any technical skills is to make sure you have at least 15% of its hard disk space free. If your hard disk is almost full, you need to remove some programs and files to improve your computer’s speed. Open your …
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