Growing Your Business

Hard Credit Check vs. Soft Credit Check: What’s the Difference?

Have you applied for a small business loan? If so, you most likely have been told that your credit will be checked, and there might even be a “hard” credit inquiry. All lenders will check your credit score before qualifying you for a business loan. But you might now wonder, well, what’s the difference between …

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3 Main Purposes of Business Financial Statements

If you are currently a business owner, you have most likely heard the term “Business financial statements”. It’s a big part of the language of all business owners but interestingly enough, many don’t realize its value for their business. There is one general purpose for business financial statements — to provide information about your business’ …

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5 Ways to Keep Your Small Business Relevant in a Competitive Market

Most businesses fail within the first 18th months. Starting a business is not as easy as you might think. It requires a lot of hard work, great cash flow, and full-time dedication. It also requires you to differentiate and build your own identity in a highly competitive world. Just look at big brands like KFC, …

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Small Business Accounting – Everything You Should Know

Do you handle your own small business accounting? Whether you handle your own accounting or have an accountant who takes care of your finances, there are lots of accounting concepts that you should understand. Why? To better grow and develop your business. Learning about accounting is not the most exciting, but it’s crucial to know …

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26 Cost Effective Ways to Promote Your Small Business

The most challenging part of running a small business (besides qualifying for a small business loan) is promoting it. The process can be overwhelming, especially when you’re a fairly new business with a small budget. But don’t worry! There are countless ways to promote your small business. And it doesn’t have to cost thousands of …

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How to Get a Small Business Loan With a Bad Credit Score

As a small business owner, you may have experienced (or are currently experiencing) issues with your business’s finances. Don’t worry, you’re not alone. This isn’t new or exclusive to a certain type of business or industry – with uses of funds ranging from expansion & renovation, working capital, equipment purchase or hiring new employees – …

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