Business Continuity Plans: What You Need to Know

The COVID-19 pandemic served as a major wake-up call to businesses that operational threats can emerge anytime. If downtime lasts more than a few days, the chances that a business will fail are high. Yet many companies have no business continuity plan. Business continuity planning helps restore critical functions to normal operations in the wake […]

How Do I Obtain a Business Loan?

How Do I Obtain a Business Loan? Small businesses are the backbone of the US economy, accounting for nearly half of the country’s economic activity, creating two-thirds of new jobs, and driving innovation—and business loans are the backbone of small business growth. Lenders provided over $644 billion in small business loans in 2019, according to […]

What Is a Promissory Note and When Should I Use One?

What Is a Promissory Note and When Should I Use One? You have probably heard the term promissory note, but do you understand what a promissory note is and when one can and should be used? A promissory note is simply a written promise to repay someone who has loaned you money. More specifically, it […]

Financing a Business: Evaluating Your Options

Financing a Business: Evaluating Your Options Financing is the lifeblood of a business. During good times, business financing can help entrepreneurs purchase assets, expand products and services, add a new location, and hire more staff. During more difficult times, business owners may require financing just to continue their current operations. A business may also be […]

What Is a Business Grant and How Do I Obtain One?

What Is a Business Grant and How Do I Obtain One? A business grant is a form of financial assistance given to a company by a government agency or private organization for a specific purpose. Grants, unlike loans, do not need to be paid back. Despite this benefit, finding a grant that your business qualifies […]

What to Know Before Investing in a Small Business

What to Know Before Investing in a Small Business With the country emerging from pandemic lockdowns and economic activity beginning to expand, small business owners are optimistic about the future. Supporting local businesses can help them grow and thrive in a post-pandemic economy. But what if you could help a business while also helping yourself? […]

Dealing with Negative Online Reviews of Your Business

Dealing with Negative Online Reviews of Your Business You’ve worked hard to build your small business. Nothing is more frustrating than negative online reviews, particularly if you feel they are unjustified or have been posted in bad faith. There are several steps that you can take to prevent your business’s reputation from being damaged by […]

Strategies for Protecting Your Business’s Intellectual Property

Strategies for Protecting Your Business’s Intellectual Property Before launching a business, entrepreneurs spend a substantial amount of time and money researching and developing their products or services. You may have worked with graphic designers and a marketing team to create a brand name and logo for your products or services. As the business grows and […]

Can (and Should) My Business Mandate the COVID-19 Vaccine for Employees?

Can (and Should) My Business Mandate the COVID-19 Vaccine for Employees? Just a year ago, businesses across the United States shuttered temporarily in response to the novel coronavirus. Some of these businesses could not weather the virus storm and closed for good. Now that  COVID-19 vaccines are available, many businesses are wrestling with deciding when […]