We may still be in winter, but businesses are gearing up for spring sales. Once the weather starts to warm up, people will be purchasing tools and supplies for home repairs and renovations. Gardening centers will be stocking up on plants, soil, and outdoor fixtures. Pop-up shops looking to draw in customers with food, spring fashion, music, and more will
Luxury cars are projected to generate over $10 billion in sales in the United States alone this year. However, luxury cars are not just for the billionaires of the world. People of all income brackets are looking to purchase luxury vehicles, and car dealers are improving their own bottom lines by offering manageable financing programs to their customers. What is
Every year, staffing agencies employ roughly 17 million temporary and contract workers at roles in private and government sectors. Staffing agencies require capital for marketing, expanding into new industries, sourcing talented specialists, paying employees, and courting larger contracts. Yet with the lag between invoices and payments from clients, finances can experience downward pressure that can throw operations off balance and
Client retention is an important metric for traditional lending channels, such asWith over 30.7 million small businesses in the United States, entrepreneurs need a reliable source for financing. Since the Great Recession, however, many small business owners do not meet the requirements for traditional loans, have reached their borrowing limits, or need a program that falls outside of the products their
Millennial business owners are rising to keep pace with Gen-X and may overtake retiring Baby Boomers. In recent reports released by SCORE, nearly 28 percent of millennial women see opportunities for entrepreneurship. In a similar report, most millennial business owners believe their generation is more driven in regards to business ownership and starting companies that truly make a difference in
Industrial properties are a unique submarket in the commercial real estate arena that serve as storage facilities, laboratories, testing grounds, showrooms, logistic hubs, telecommunication centers and more. There are several reasons why industrial properties can be good investments. Let's cover a few. The Demand for Industrial Properties In 2019 alone, sales of industrial properties soared over $55 billion due to
Business credit scores play a big role in getting the financing you need to sustain and grow operations. From working capital to equipment to lines of credit and more, improving business credit scores opens the door to opportunities and benefits for entrepreneurs. To boost business credit scores, we have drawn up a simple strategy that can be used for both
You have your business concept. You’ve figured out your business structure and have registered your business tax ID. Now you’re ready to take the world by storm and get approved for funding to sustain and grow your business. So what do you need to increase your chances of approval for business loans and other lending products? Create a Business Plan
The best way to position your business for an even stronger new year is to reflect on the successes and obstacles experienced throughout the year prior. Whether you want to correct current issues or roll out growth plans for next year, looking back will help you to better strategize for the future. Overcoming Cash Flow Issues New and small businesses
While online retailers continue to grow, there are still many people who make purchases from brick-and-mortar stores due to convenience, expediency, and product availability. Even though many view the online retail model as something completely different from brick-and-mortar retailers, the truth is they have more in common than most people think. Retail Space Both online retailers and brick-and-mortar stores need
