Want to buy an existing business? Here’s what you need to know. BY KEY DAWSON, SENIOR BUSINESS ADVISOR, BUSINESS DEVELOPMENT. KEY OFFERS A WEALTH OF ENTREPRENEURSHIP EXPERIENCE AND OPERATIONS EXPERTISE. AS AN ENTREPRENEUR AND BUSINESS OWNER, KEY HAS SUCCESSFULLY PURCHASED AND SOLD A NUMBER OF BUSINESSES. Buying an existing business has many advantages over starting
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2017 Small Business Credit Survey
Make your voice heard by taking the 2017 Small Business Credit Survey Pathway Lending is partnering with the Federal Reserve on a Small Business Credit Survey for both pre-start and existing businesses, and we’d like you to participate.The survey is a go-to source for information about small business conditions and financing experiences. Policymakers, service providers, and
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Success Story: ESSTAR & Krista’s Healthy On The Go
Two bouts of cancer lead entrepreneur to launch natural food distribution company Krista Anderson took inspiration from personal adversity when launching her business in early 2015. She harnessed what she learned during those daunting times — empathy and perseverance — and forged a more entrepreneurial life. A cancer diagnosis gave her three months to live and served as a wake-up call to change her definition
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Business Tip No. 9: Know Your Competitive Advantage
As a small business owner, your biggest competitive advantage is having loyal customers. Being the first to market or the cheapest provider isn’t enough – especially as your competitors are working to leave you in the dust. Being a company that clients enjoy working with and keep coming back to matters. The key is building relationships
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7 Tips to Manage the Stress of the Holidays at Your Business
Stress, it’s a widespread problem. Nearly a quarter of Americans report “extreme stress” during the holidays, according to a poll by the American Psychological Association. Stress and anxiety of the holiday season can impact your bottom line. Consider “presenteeism” – showing up for work with hidden ills. You’re present but are underperforming. The impact of
READ MOREStrategies for a Successful Small Business Saturday
Is your small business ready for the most important day of the year? Small Business Saturday is November 28th. Consumers love this opportunity to “shop small” and it shows – they spend money that day. A lot of it. Consider this. In 2014: 88 million consumers shopped at small businesses; that’s 1 out of every 4 Americans. Consumers spent
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SBA Empowers Small Businesses to Be Cyber Safe
Launches Online Resources to Help Entrepreneurs Identify Risk and Guard Against Cyberthreats Monday, October 5, 2015 WASHINGTON – The U.S. Small Business Administration unveiled today a new cybersecurity webpage for small businesses at www.sba.gov/cybersecurity on the 12th Anniversary of National Cybersecurity Awareness Month. The SBA launched the online tools and resources to highlight Cybersecurity at
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Small Business Have Big Opportunities In Exporting
The U.S. SBA has an amazing amount of resources to help your small business start exporting – from counseling, training and financing to support small business export opportunities. If your small business is looking to increase sales and profit, reduce dependence on the domestic market and stabilize seasonal fluctuations you should consider exporting. Consider these facts: Nearly 96
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Understanding & Fixing Your Credit Score
Among the five ‘C’s of small business lending, your Credit Score is one you can’t afford to ignore Despite other contributing factors in determining your creditworthiness, every lender wants to know your credit score; it’s at the top of their list. Let’s take a few minutes to understand what makes up a credit score –
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