The Source

This week in The Source

Five Steps to Smarter Debt Collections

5 minute read

October 31, 2023

With personal and business bankruptcies up 10% from 2022, according to the United States Courts, it's inevitable that you'll come across someone who can't pay their bill. Having a process to follow and knowing what...

Small Business

Miami: Where Entrepreneurs Thrive

3 minute read

October 26, 2023

While you surely know about Florida's attributes as a tourist destination, are you up to speed on its explosive small business growth? In 2022, the Miami/Fort Lauderdale/West Palm beach metropolitan region filed almost 41 new...

Thought Leadership

Senior VP of Partnerships Jason Solomon Leveraging Partnerships for Growth

6 minute read

October 24, 2023

Business partnerships come in many sizes and flavors: A young boutique airline awards "miles" to a credit card's users. By piggybacking on the name of an established global bank, the airline brings in affluent consumers....

Small Business

Do You Know the Costs of Buying into a Franchise?

5 minute read

October 17, 2023

Owning a franchise, whether it’s a branch of a national burger joint or a hardware store, is an appealing proposition to a budding entrepreneur. In the best of scenarios, you can reap the benefits of...

Fora Financial News

Fora Financial Closes New Debt Financings

1 minute read

October 3, 2023

Fora Financial, a leading provider of flexible financing to small- and medium-sized businesses nationwide, today announced the closings of a $130 million revolving credit facility and $10 million investment-grade rated corporate note. Truist Bank will...

Small Business

Do You Have an Exit Strategy?

5 minute read

September 19, 2023

One of the greatest bounties of being the boss is the option to keep your firm running for as long as you like — until you're ready to move on to your next chapter. Yet,...

Small Business

Seven Smart Reasons to Open a Business Banking Account

5 minute read

August 29, 2023

It's not uncommon for sole proprietorships to co-mingle personal and business accounts. Many self-employed freelancers, tradespeople, or domestic workers may often find it easier for their clients to pay them via Venmo, or Zelle, for...

Small Business

What Makes a Family Business Succeed?

4 minute read

August 8, 2023

Ever notice how TV shows about family businesses are typically full of high drama? Whether it was the classic, "Dynasty," or more recently "Succession," a family business can be a setting for high drama and...

Small Business

How Will You Structure Your New Business?

4 minute read

August 1, 2023

DBA? LLC? Sole proprietorship? Knowing the basics of business structure keeps you from getting stuck in the weeds. The concept of choosing a structure for your small business can be confusing. If you asked the...