If you’re like a lot of small business owners, when you hear the term “loan shark” you probably think of a mob boss, lending out money acquired by illegal means and threatening physical harm in order to guarantee they’re repaid. However, the term can actually refer to legal or illegal lending. We’re going to give you some valuable info on the legal variety and hopefully clear up some misconceptions so you’re well equipped to decide when, if ever, you may want to go this route.

The term “loan shark” is often used in conjunction with predatory lending practices, and for good reason. Predatory lending is any form of lending that puts unfair or abusive loan terms on a borrower. Predatory … Read more →

Knowing so many of you need to increase cash flow, last week we shared 6 Sales Strategies You Need to Know and the week before that we shared 5 Ways To Raise Capital. Both blog posts are filled with valuable insights; however, the bottom line is that sometimes in order to get your hands on more money, you simply need to spend less! It’s amazing how fast small purchases can add up and how with just a little bit of finagling here and there, you can “find” money you didn’t even know you had. There are countless ways to minimize your spending. Today, we’re going to share some of our favorites with you:

1) Buy instead of borrow – … Read more →

6 Sales Strategies You Need to Know

Like we said in our last blog, 5 Ways To Raise Capital, it takes money to make money. There are several ways to get your hands on the cash you need to grow your business; however, last week all of the options we told you about required sharing a portion of your profits with the people that provide the cash. While that’s a great option for some, it’s not always the best option for all. If your business is your baby and you want to keep it that way, keep reading. Today we’re sharing 6 Sales Strategies You Need to Know so you can increase cash flow while maintaining full ownership and … Read more →

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