Good things come to those who wait. Will this proverb prove true for the new crowdfunding regulations that took effect today (May 16, 2016)? You can get all the details on the U.S. Securities and Exchange Commission website (SEC), but the main upshot of today’s changes is to open crowdfunding investments to non-accredited investors, meaning […]
There’s an old Chinese proverb that goes like this: The best time to plant a tree was 20 years ago. The second best time is now. The same reasoning applies to new business startup loans, but with one big exception: “Now” is often not the “second best time.” Now may be too late. I say this […]
By Meredith Wood As a small business owner, you’re always looking for ways to improve operations. Whether it’s saving money, maximizing resources, or streamlining tasks, you’re up for anything that makes running your business easier and more efficient. Since all of us can use a little bit of flexibility when it comes to finances, a business credit […]
Can you make it as a small business entrepreneur when you seemingly have three strikes against you when you’re just starting out? Not long ago I talked to Catoctin Creek Distilling Company co-founder Scott Harris, and it seemed that when he and his wife Becky started their company, they were facing some very long odds. […]
We are fortunate to be living in a time when new financing options for funding your small business are popping up every day. However, they all come with limitations. Here is a super quick rundown of some: Banks. Hesitant to loan money to unknown founders. Crowdfunding. With some the money you raise will be taxed […]