Once you are in business long enough, you are bound to need money. Even if your business is operating successfully, things come up. Whether additional funding is needed for marketing or for sudden repairs, it is imperative that you have access to working capital. Alternative lending has become a leading way for small businesses to
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When an entrepreneur opens a business, they begin with a vision. There is a lot of sweat and energy required to build a company. To get a business established you may have used your savings or borrowed from family. That may have gotten you operating, but the road to an established business is steep. Frustration does
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Cyber security has been a growing concern, not only for large corporations, but for smaller enterprises as well. During National Small Business Week 2016 the Small Business Administration held a panel discussion on cyber security. One revelation was that nearly half of small businesses have been victimized by cybercrime. On average, these sorts of crimes cost
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Acquiring investor capital is easier than ever. Often times entrepreneurs take on investors who then gain ownership or become decision-makers in their business. A lot of times, business owners have to cough up a share of their business to receive private funding. Many business owners say “no” to this, but they really need the funding. You
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Business Funding is consistently a hot topic in entrepreneurship circles. It’s a no-brainer. An ability to get business funding is crucial for success. However, many entrepreneurs struggle to receive funding. Big banks tend to be more eager to fund larger enterprises, leaving small businesses in the dark. Alternative lenders have emerged as a reliable solution. At
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Accessing investor capital for your business is possible. Business financing is essential to a company’s success. Often times, established businesses, are cash poor. Many entrepreneurs realize that having a solid customer-base or strong client accounts, does not mean you have needed funds. If an emergency occurs, would they be able to resolve the issue financially? If an entrepreneur wants to
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Studies have shown that 543,000 small businesses are started each year. They are recognizably a driving force of our economy, with more than 50% of employed citizens working at small businesses. National Small Business Week, in the first week of May, highlighted the importance of the overlooked companies. Conflicting information has emerged throughout the first few months
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Throughout the United States businesses are preparing for a change in the season. Summer is approaching and consumers are ready to spend with your business. Surveys have shown that people tend to spend more money during the summer. So, Americans are ready to make purchases outside of their usual bills as the weather heats up.
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If you own a business long enough, you will endure a lot of issues. Some are for the best and others for the worst. During every stage of your business, money is paramount. Whether you only have an idea or you are a local favorite, you must have the business funding. Silver Rock Funding and our
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The reason why we need National Small Business Week is because there are many challenges for small business owners, yet they hold our economy together. Small business ownership is not always an easy endeavor. 80% of businesses fail in the first 18 months of being in business. So, what is the key to a successful business? Your friends
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