Needing capital but not having ready access to it is one of the most common struggles small business owners face, and getting approved for a loan is often harder than it should be. In fact, roughly half of applicants are turned away. Here are the most common reasons lenders say no, plus what you can do to put your business in a stronger position next time.
The SEC just approved the final rules for Title III Equity Crowdfunding under the JOBS Act, and it’s a game-changer for entrepreneurs raising capital. In roughly 90 days, anyone—regardless of income or net worth—will be able to invest in startups by purchasing shares or issuing debt. Here’s what this huge new investor pool means for you.
Positive cash flow isn’t just important—it’s the actual lifeblood of your company, no matter how many assets you hold on paper. Yet 82 percent of business failures trace back to poor cash management, even among businesses that are technically profitable. If your bank balance never seems to catch up, one of these five common culprits is probably to blame.
Every marketing dollar counts, and it’s easy to waste plenty of them chasing channels that simply don’t deliver a return. From trade shows to search engine marketing, some popular options look productive but rarely pay off the way you’d hope. Here are the marketing channels you should avoid, and the low-cost strategy that actually builds trust and drives sales.