Esta es la tercera publicación de una serie sobre los conceptos básicos de las finanzas de las pequeñas empresas. Eche un vistazo a nuestras publicaciones sobre cuentas bancarias para pequeñas empresas y tarjetas de crédito para pequeñas empresas, y esté atento a futuras publicaciones en esta serie.
Insights into the world of small business lending and development
Abril a menudo se asocia con la limpieza de primavera y la reorganización, lo que significa que finalmente se tomó el tiempo para revisar ese cajón que rebalsa de basura o para organizar los estados financieros del año pasado para la fecha límite de presentación de impuestos. Pero cuando se trata de sus finanzas, puede usar este tiempo para hacer algo más que presentar la documentación de declaración de impuestos gracias a los recursos proporcionados como parte del Mes Nacional de Alfabetización Financiera.
As a small business owner, you’ve probably found yourself in the position of needing extra funds to help you expand, whether you need to buy equipment or you have a new product idea you need help developing. Traditional financing like a bank loan can take months to close between the application and approval phases, and you probably don’t have the time to wait, especially if you need a relatively small amount of cash.
Small business owners seeking funding to start, operate, or expand their businesses often fall prey to banks and lenders who are deceiving about the costs associated with borrowing. Monthly interest rates alone are not an indicator of the overall cost of a loan. Predatory lenders may hide additional costs, such as the annual percentage rate (APR), closings costs, service fees, and other fees or penalties. If you are a small business owner looking for financing, it is essential that you do your research not only to calculate cost accurately, but also to become aware of all lending options available to you.
Building a successful business is no easy feat and many owners learn what works by trial and error. That’s why we’ve rounded up some of the best financing lessons learned from the small business owners we talked to this year.
7 Signs That You Shouldn’t Sign (or E-sign) on the Dotted Line
This holiday season consider supporting businesses that employ, empower, and bolster women entrepreneurs around the world.
Getting approved for a small business loan is an exciting moment. You finally have the capital you need to move the needle for your business—whether it’s capital to purchase a new piece of equipment, to finance a second store opening, or simply to cover your regular business expenses. After putting hours and effort into searching for and applying for a business loan, you might be tempted to just quickly review your offer, check the rates and terms, and sign on the dotted line.
You may not be trimming the tree just yet, but it’s definitely time to make sure your business is ready for the biggest shopping season of the year. From retailers to restaurants, the majority of small businesses will significantly boost their bottom line in Q4. According to a recent survey from Vistaprint, 75% of consumers indicated that they’re likely to do at least some of their holiday shopping with small businesses this year.