At the start of 2019, Fit Small Business released a study showcasing the best 50 states for female entrepreneurs. That study was initially prompted by notable disadvantages women face in the entrepreneurial world—including pay and benefit disparities—and led to the question: Which are the states where women would be most likely to overcome these disadvantages…
How to Start a Home Healthcare Business
A home healthcare business is when a caregiver or a licensed health professional like a nurse provides services in a home. Determining how to start a home healthcare business begins with deciding if you will open a nonmedical or medical business. Each provides different services and have different legal requirements. Every home healthcare business will…
How to Fund Your Mobile App: 8 Best Options 2019
There are a number of options available for app funding. For apps in early startup, using retirement savings, personal loan, crowdfunding, or angel investors may be a good app funding choice, while an SBA loan, revenue-based financing, an online business loan, or venture capital may be better sources of app funding for growth. A rollover…
What Is a Microloan and How Can Your Small Business Benefit?
A microloan is a small loan, generally up to $50,000, made to startups and emerging small businesses. These loans are offered by nonprofit organizations known as microlenders. Microloans typically have repayment terms of up to seven years and offer favorable interest rates that are lower than those available through online lenders. What Is a Microloan?…
20 Most Profitable Small Farm Ideas
Technological advancement has created more opportunities for farmers to develop a profitable business. Small farms (earning less than $50,000 annually or occupying less than 180 acres) are now considered potentially lucrative as both rural and urban business opportunities. Entrepreneurs should consider ideas like bee farms, rooftop gardens, and microgreens when choosing among profitable ventures. Here…
Best and Worst States to Start a Business 2019—Definitive Ranking of All 50 States
Small businesses are on the rise in the U.S., and according to MIT, they thrive or die based on location. Where you choose to start a business can be one of the most important decisions you make as an entrepreneur; location determines quality of life, cost/tax burdens, and the size of the consumer market. Given the…
Small Business Ideas for Beginners
Setting up a small business will have its challenges, but the right strategy can result in a lucrative venture. If you’re ready for entrepreneurship but don’t know where to start, there are successful startups to inspire you. This article features small business ideas and examples for beginners, along with tips on how to get started….
12 Best Women Owned Business Grants
Business grants for women are financial incentives given to women-owned businesses. Grants are not loans, and are not required to be repaid once they’ve been awarded to you. Grants for women starting a business are offered by corporations or special interest groups, with goals to help female entrepreneurs succeed in growing and developing their businesses….
9 Best Small Business Grants
Grants for small businesses are a treasure that most small business owners seek. They are offered by various government agencies, local governments, banks, lenders, and organizations. Because grants do not require you to repay them, they are highly sought after as a source of funding for startups and emerging small businesses. There are many small…
Minority Small Business Grants: What They Are and How to Get Them
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…
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
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….