Finance

Lending Marketplaces for PPP Loans Deliver Funds Faster, Easier

It’s no secret that times are tough for small businesses. Revenues have taken a nosedive, if not flat-lined. Unemployment has skyrocketed as restaurants, salons, gyms and other businesses have had to shut their doors. And possibly most disconcerting of all, is the uncertainty of when it will end. The good news, however, is that help …

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What Happens When You Hire a Collection Agency for Your Small Business?

By Dean Kaplan You have an overdue invoice and a client who won’t pay. The client is either not taking your calls anymore or you’re getting a lot of excuses. It may be time to call in a collection agency. Before sending a customer to collections, you should know what a collection agency is going …

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Kabbage Insights Hopes to Keep Small Businesses Cash Positive

There’s a new tool watching your cash flow automatically. Kabbage Insights predicts and calculates cash flow patterns so your small business can target deficits and surpluses. It’s a great way to plan when to expand, downsize and ride the ups and downs of your market. What’s more, it’s free. Small Business Trends contacted David Snitkof, …

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Things Small Business Owners Need to Know About the SECURE Act

The Setting Every Community Up for Retirement Enhancement Act (SECURE) is part of the government’s spending bill that includes numerous provisions intended to strengthen retirement security across the country. It is designed to open up opportunities to segments of the workforce that was previously not covered in retirement plans. In addition, the bill attempts to …

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The Year Ahead for Small Business: Experts Weigh In on What Small Biz Owners Should Expect

What lies ahead for small business owners and entrepreneurs? Many people I’ve talked to feel like they are living in a Dickens novel. It’s the best of times: “The economy is going strong, driven by consumer spending,” says Sharon Miller, managing director, head of small business for Bank of America. She says according to bank …

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Is an Employee Stock Ownership Plan Right for Your Small Business?

There are some good reasons why you should consider an employee stock ownership plan. The SBA reports about 70% of privately owned businesses will change hands in the next decade and a half. The $10 trillion price tag will be the biggest intergenerational transfer of wealth in American history. Some small business owners are ahead …

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