Business
Key takeaways To start a small business, form a business plan that outlines your product’s unique value, marketing plan and metrics for success. You’ll need to decide how you’ll fund startup costs for your business, whether through bootstrapping, a business loan or another form of funding. Start your business with…
New Bankrate data shows that 61 percent of holiday shoppers are likely to choose Small Business Saturday for holiday shopping. That number is slightly higher than the number of shoppers likely to shop on Black Friday (56 percent). That’s big news when you consider that Small Business Saturday has only…
Cyber Monday has taken the crown for Thanksgiving weekend’s most popular shopping day, outpacing Black Friday and Small Business Saturday, according to a new Bankrate survey. Fifty-nine percent of Americans in new Bankrate survey are likely to shopp on that day. As well, 53 percent of Americans are likely to…
Lowe’s plans to provide millions in financial support to small businesses in North Carolina that were hit hard by Hurricane Helene, helping them recover during the holiday season after federal relief temporarily dried up. The $2.5 million fund will provide grants directly to small businesses in the state. It will…
kate_sept2004/GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways SBA Express and Export Express loans offer loans of $500,000 or less Express loans don’t need SBA review, speeding up the approval process Lender requirements can vary from lender to lender, so you may want to compare multiple lenders before making a decision…
Key takeaways Holiday shoppers are shifting their habits in light of inflation and other economic challenges. Small businesses can attract customers and weather the slump by addressing consumer concerns and playing to their strengths. Businesses should offer unique services, branch out their presence and offer a wide range of prices…
Key takeaways Buying an existing business has advantages over starting a new business from scratch. You should have a full picture of the company’s health before signing any paperwork. Performing due diligence with all relevant paperwork will shape your success or failure with purchasing a business. Buying a business can…
Many businesses borrow capital to fund startup costs, grow their team and make substantial upgrades to their business. Having a good business credit score will give you access to more favorable financing options with higher loan amounts, helping you get the most out of your small business loans. However, it…
Key takeaways UCC filings allow a lender to seize assets from a borrower if the borrower has pledged them as collateral for a loan UCC liens have no impact on your business credit score, but they will show up on your business credit report You need to pay off your…
Small business is big for America, and both Donald Trump and Kamala Harris have acknowledged this and made bold promises on the campaign trail. According to a recent Bankrate survey, 29 percent of workers planned to start their own business in the next year. The younger generation seems to be…
