All Starting a Business Articles - Page 9

What Is a Microloan and How Can Your Small Business Benefit?

By Tricia Tetreault on August 6, 2019 | Financing, Startup Financing, What is | Comments (0)

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 in 2019

By Anna Dizon on August 1, 2019 | How to Start a Business, Starting a Business, Tip List | Comments (2)

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

By Kelly Main on July 30, 2019 | How to Start a Business, Starting a Business, Statistics | Comments (0)

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…

Upstart vs LendingClub: Price, Features, & What’s Best in 2019

By Tricia Tetreault on July 30, 2019 | Financing, Startup Financing, Versus | Comments (0)

Upstart offers personal loans up to $50,000, and LendingClub offers up to $40,000. APRs for both lenders start at roughly 7% and have repayment terms of three or five years. LendingClub requires a minimum credit score of 600, and Upstart requires 620 to qualify. You can apply online with either lender in minutes. When to…

Avant vs LendingClub: Price, Features, & What’s Best in 2019

By Tricia Tetreault on July 29, 2019 | Financing, Startup Financing, Versus | Comments (0)

Avant offers personal loans up to $35,000 at rates starting as low as 9.95% annual percentage rate (APR), with repayment terms ranging from two to five years. LendingClub offers personal loans up to $40,000 at rates starting as low as 6.95% APR, with repayment terms of either three or five years. When to Use LendingClub…

How to Start Your Own Business in 7 Steps

By Blake Stockton on July 29, 2019 | Business Ideas, How To, Starting a Business | Comments (0)

Avoid the overwhelm many new business owners experience by learning how to start your own business in seven steps. You should start by selecting a business idea and testing the market before you write a business plan. Then, you can focus on acquiring capital, filing legal paperwork, and creating your business. Everyone who starts a…

SoFi vs LendingClub: Price, Features & What’s Best in 2019

By Tricia Tetreault on July 26, 2019 | Startup Financing, Versus | Comments (0)

SoFi offers personal loans up to $100,000 at rates starting as low as 5.99% APR with repayment terms ranging from two to seven years. LendingClub offers personal loans up to $40,000 at rates starting as low as 6.95% APR, with repayment terms of either three or five years. SoFi vs LendingClub at a Glance When…

Small Business Ideas for Beginners

By Anna Dizon on July 8, 2019 | How to Start a Business, Starting a Business, Tip List | Comments (0)

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 2019

By Tricia Tetreault on July 8, 2019 | Buyer's Guide, Financing, Startup Financing | Comments (0)

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….

LendingClub vs Prosper: Price, Features & What’s Best in 2019

By Tricia Tetreault on July 5, 2019 | Financing, Startup Financing, Versus | Comments (0)

LendingClub and Prosper offer personal loans up to $40,000 at rates ranging from 6.95% to nearly 36% APR. Both lenders have repayment terms of three or five years. LendingClub requires a minimum credit score of 600, and Prosper requires 640 to qualify. You can apply online in minutes and loans are funded in days. LendingClub…

9 Best Small Business Grants 2019

By Tricia Tetreault on July 2, 2019 | Buyer's Guide, Financing, Startup Financing | Comments (0)

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

By Tricia Tetreault on June 26, 2019 | Buyer's Guide, Financing, Startup Financing | Comments (13)

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…