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Financial Management: 7 Steps To Getting Your Small Business Debt-Free

The Startup Magazine

The Federal Reserve found that 70% of small businesses have unpaid debt, with 21% registering $25,000 to $100,000 in debt, according to Fundera. Interestingly, debt can significantly boost business growth. Whether you are new in business or an established entrepreneur, you need to be diligent with your finances.

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The Startup Guide to Affordable Accountancy

The Startup Magazine

With staggering statistics like these, it’s clear that startups need to come up with affordable ways to handle their accounting services needs in order to avoid bankruptcy. While hiring a CPA may be quite costly for a startup that is yet to establish a footing in the business world, it does have its own benefits.

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6 Stories of Successful New Entrepreneurs to Inspire Your Business

Up and Running

However, the challenges you face are the same ones that every successful small business owner has faced and then surmounted in some way or another. It can be instructive and inspirational to hear about businesses that triumphed over adversity. How these six businesses worked with the SBA to grow. Inspiration for growth.

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Is Hiring A Credit Repair Service Worth The Cost?

The Startup Magazine

The best option is to hire a fast credit repair company to fix the errors for you at a fee. The best option is to hire a credit repair company. Some factors such as bankruptcies and foreclosure lower credit scores. If you want to start a small business , you will need an excellent personal credit score to qualify for a loan.

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A Look At Some Popular, Trending Business Ideas

YoungUpstarts

It’s pretty tough to get the capital you need for a startup or small business with subpar credit. Work on rebuilding your credit now, regardless of whether you plan to start a small business, make a big purchase like a car or home, or otherwise need good credit in the near future.

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Applying For A Small Business Loan? Consider These Tips for Success.

YoungUpstarts

Are you in the process of planning out a small business expansion? In a recent survey, one out of every four businesses polled claimed the biggest factor in their inability to grow was a lack of funding. Getting a small business loan can be both time-consuming and challenging, but it is worth the effort you invest.

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Why Every Small Business Owner Needs Disability Insurance

YoungUpstarts

As a small business owner, it’s important to prepare for the worst-case scenario, in which you’re no longer able to perform the duties essential to running your business. According to the Council for Disability Awareness , medical expenses accounted for 62% of all personal bankruptcies filed in the U.S.