You built something that matters: a funeral home that families in your community trust with the hardest days of their lives. Now you’re thinking about what comes next. Maybe a second location in a nearby town. Or a new building that finally fits the way you serve families today. Perhaps a crematorium so that families can stay with the team they know for every service.
According to the U.S. Chamber of Commerce, almost 46% of Americans are employed by a small business.
If you are looking to buy a business and have heard that a Small Business Administration loan (an “SBA loan”) is a great way to support your efforts, you might have some questions about “collateral” for the loan.
You are interested in building or buying a business – and you’ve heard that Small Business Administration (SBA) loans are a good idea. But what does all that jargon mean? What are things like “secured vs. unsecured loans” and “personal guarantees”? Find the answers to some of the most frequently asked questions here.
What is it to be “creditworthy” – and why is it essential for you? And if your credit history is not quite up to par, what can you do to improve it? Check out these credit counseling tips.
Accounting software can streamline your business processes, support growth, and reduce mistakes. But how do you find the right one for your small business?
Been thinking about building, buying or refinancing a loan for your small business?
Reading the balance sheet isn’t everything, but it will provide a snapshot of the business’ financial health.
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