Category: Business Credit

Small Business Valuation Methods: How to Value a Small Business

Knowing how much your business is worth is not only for massive corporations — small business owners can benefit from this knowledge too. Your business’s valuation can help you to create more accurate and effective goals and is essential if you’re looking to sell your business.  In this article, learn how to value a business, when you should find out your business’s value, and how to improve your valuation. How to Value a Small Business While you may be pleased… Read More

The Best Grants for Women-Owned Businesses

Funding Challenges That Women Entrepreneurs Face Women face inordinate challenges and find themselves behind their male counterparts when it comes to business ownership and funding. While there are many incredibly successful women entrepreneurs, women remain underrepresented at receiving the necessary capital to build and scale their businesses.  Business owners already struggle to qualify for business loans or other forms of financing as they try to build business credit and their actual businesses, however women business owners are at the top… Read More

Crowdfunding For Business: Best Crowdfunding Platforms In 2022

When you need funding to launch your startup or pilot an existing business through the next phase of growth, loans are an obvious choice. But not every business can qualify for a small business loan. Crowdfunding can be an option worth considering.  How does crowdfunding work for business? What is crowdfunding? In a nutshell, it means raising capital to fund a business venture from a pool of individuals or groups of investors. Crowdfunding essentially connects business owners who need money… Read More

What is a Fictitious Business Name (DBA) and Why Do You Need One?

As a business owner, choosing the right company name is one of the most important items on your to-do list when you launch a new business. It’s right up there with opening a business bank account, setting up a company website, and establishing business credit.  When you use a company name that doesn’t match the legal name on your tax returns, you’re using what’s known as an assumed business name or DBA. Read on to learn more about how assumed… Read More

Understanding Equity Financing vs Debt Financing: What’s the Difference

Financing for small businesses often falls into two broad categories: debt financing and equity financing.  Each has pros and cons, including how they affect ownership, cash flow and even taxes. Here’s how each type of funding works, and how to decide what’s right for your unique business and goals.  Is Debt or Equity Financing Better for Small Business?  With debt financing, you borrow a fixed amount of money from a lender. You pay it back with interest, or the financing… Read More

What Is Net-30?

At the basic level, net-30 refers to the time frame in which the full amount must be paid by a client. With a net-30 invoice, the client has to pay within 30 days or less. Yet that doesn’t really tell you how net-30 might help you to build commercial credit or why it can be a great choice of credit for new and old businesses alike. Keep reading for a breakdown of exactly what is net-30 and learn how your… Read More