Minority small business grants are financial incentives given to minority-owned businesses based on race, gender, personal status, or location. Grants are not loans, and don’t have to be repaid once they’ve been awarded. Minority business grants are offered by corporations or special interest groups, with the goal to help minority businesses. Choosing the Right Minority…
All Starting a Business Articles - Page 12
Franchise Financing: Costs, Features & Providers
Franchise financing is used to fund the purchase of a franchise or provide working capital to an existing franchise. The costs and terms associated with franchise loans vary by the type you choose. Small Business Administration (SBA) loans for franchises have interest rates from 7.75% to 10.25%, and loan terms of up to 10 years….
Best Entrepreneur Podcasts in 2019
Business owners have learned to harness marketing and the income-generating potential of podcasting by airing audible shows that educate, inform, and entertain their followers. Whatever your goal, it’s important to learn from these professionals when planning to launch your own shows. This article features the top entrepreneur podcasts, along with helpful tips, for your inspiration….
Angel Investor vs Venture Capitalist Funding: Which Is Best?
When considering raising funding from an angel investor compared to a venture capitalist, the deciding factor is your startup stage. Startups ready to scale are best served by venture capital, which can provide more funding for equity. However, startups in earlier stages may not need as much funding and are better served by angel investors….
10 Best Personal Loans for Business Funding 2020
Personal business loans allow you to get a loan based on your personal credit and finances, with proceeds going towards your business. These unsecured loans are a good option if you are unable to qualify for a business loan. We evaluated loan amounts, costs, and terms to determine the best personal loan for business needs….
8 Best Microlenders 2020
Microloans are smaller loans, typically up to $50,000 with low minimum qualifications. Microlenders typically help newer businesses and startups get funding. The best microlenders offer low rates, generous repayment terms, and nationwide funding. We evaluated the top microlenders and selected the eight best microloans you can apply for today. Top 8 Microlenders 2020 How We…
Small Business Ideas for Women in 2019
Thanks to technology, there are now plenty of small business ideas that women can start from home, requiring small startup capital. Leveraging this opportunity can help women gain more control of their time and finances. This article features expert suggestions of small business ideas for women, plus tips on how to get started. Having a…
7 Best Virtual Office Companies in 2019
A virtual office is a physical mailing address that you can rent to make your business appear larger or more established. The best virtual office services cost $50 to $200 per month, featuring a local phone number, receptionist, or physical office space and/or meeting rooms to help you create a strong impression on current and…
How to Open a Juice Bar in 11 Steps
To open a juice bar or storefront that serves fresh-squeezed juices and smoothies, you’ll need a prime location, savvy business plan, and juicing equipment. Starting costs range between $20,000 – $400,000, and average annual revenue is $100,000 – $600,000. Successful juice bars require hard work, creativity, and a passion for fresh foods. The most important…
How to Start a Consignment Shop in 9 Steps
To start a consignment shop, you’ll need a prime storefront and a strategy for acquiring customers and merchandise. Starting a consignment store can cost more than $10,000, with average salaries for consignment shop owners ranging from $40,000 to $60,000. Successful consignment entrepreneurs are creative, crafty, and typically choose a niche for their store. When starting…
SBA Startup Loans: Definition, Cost, Features & Providers
The Small Business Administration (SBA) offers SBA startup business loans to help get new businesses off the ground. SBA loans are available for up to $5 million, with rates ranging from 7.75% to 10.25%, and terms of up to 10 years (25 years for real estate). You can apply through a traditional bank. One great…
How to Start a Food Truck Business in 8 Steps
To start a food truck business, you need a competitive and appealing concept, a viable business and financial plan, a fully equipped food truck, and a solid marketing strategy to build your customer base. A successful food truck can bring in more than $500,000 per year, with startup costs starting at $40,000. Some food trucks…