The Source

The failure rate for small businesses is alarmingly high. According to the Small Business Administration, about 50% of all new businesses will go out of business within the first five years. If you're thinking about...

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One of the smartest moves you can make to grow your business and increase your revenue is to hire new employees. The hard part is deciding when to hire in small business. Fortunately, there are...

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One of the best parts of being a small business owner is the unlimited earning potential—unlike the steady but capped 1-3% raises typical in a 9-to-5 job. As a business owner, there’s no limit to...

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For many small businesses, profit margin is the difference between success and failure. It's the amount of money left over after all of your sales expenses and operating costs have been paid for and it...

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Installing solar panels is a wise choice for many small businesses. They can help you save money and enjoy significant tax credits. They’re better for the environment, which appeals to potential customers and employees. They...

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As a small business owner, it's vital to establish a good credit score when starting a business. Without solid credit, you won't be able to afford additional financing. This is crucial because you likely won't...

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Business credit is essential for several reasons. You’ll find it easier to obtain financing with lower interest rates and more favorable terms with a good business credit score. You can also land better deals with...

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Deciding to downsize your business may be the most challenging decision you make for your company. Some people who helped you build your business will lose their jobs, and your company’s growth may stall.

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After months or even years of planning, you’re finally ready to introduce your small business to the world. A grand opening event is essential to your launch plan and shouldn’t be an afterthought. This is...

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