Small business owners understand the dilemma rapid growth can bring. Business is booming, sales are up, but the funds to purchase inventory and supplies aren’t yet available. To scale, you need to get working capital to fulfill all the new orders flowing in. Because there are many types of working capital available, it can be daunting to choose a solution that’s best for your business. Bank loan? Invoice financing? Your personal credit card? You could. But the trouble with traditional…
For decades, FinTech has been a male-dominated field, and for the most part, it still is. Today, women make up only 8% of FinTech board of director roles across Europe and the US. The lack of women in corporate leadership roles is in the spotlight, and while discussions are necessary, so is action. Research shows that a range of diverse perspectives can have considerable impacts on a company’s outcomes. A 2017 study from the Harvard Business Review found that teams…
The biggest shopping week of the year is behind us and small business owners have good reason to embrace the power of Small Business Saturday 2018. The results are in and the numbers are encouraging. The ninth annual Small Business Saturday, a shopping event developed by American Express in 2010 to boost smaller retailers, took in a record $17.8 billion in sales this year, according to the 2018 Small Business Saturday Consumer Insights Survey from the National Federation of Independent…
It’s National Small Business Week again, and we’re celebrating the blood, sweat and tears you put into your company. It takes courage, commitment, and even a little bit of crazy, to be an entrepreneur. And to succeed takes even more. Whether you’re running a thriving small business, just getting started, or struggling to get by, you’re part of the backbone of the American economy. According to the Small Business Administration (SBA), small businesses employ roughly half of the people in…
On November 25th, 2017, Americans will rally in support of the entrepreneurs in their community for Small Business Saturday. Established in 2010, the vast majority of the country now observes Small Business Saturday with the resolve to “shop small” at local stores and restaurants. Sandwiched between Black Friday and Cyber Monday, the timing couldn’t be better as holiday shoppers are already armed with their friends and family’s wish lists and cash burning a hole in their pockets. Just last year,…
