Blogs

After setting up the basics of your small business finances, like opening a business banking account or choosing an accounting system, you may be thinking about taking out a loan. Learn about the key factors in creating a good credit score, and how that can help you build your credit.

If you’re in the market for an affordable business loan, you should be able to recall your credit score with similar ease. That’s because your score helps lenders gauge your financial fitness and the likelihood you’ll repay your loan. So if it’s in the right range, you can increase your odds of getting a business loan with great terms.

Summer is coming and across the country that means state and county fairs. And cotton candy. And snow cones. Or maybe a trip to the air conditioned movie theater to beat the heat. With popcorn, of course. If any of these stir your memory or make your mouth water, you, and people around the world, can thank Great Western Products.

To kick off Women’s History Month in March, Small Business Majority recently hosted a Twitter chat, “Celebrating Women Entrepreneurs” to share tips and resources for women entrepreneurs from business organizations and entrepreneurs around the country.

You might be perfectly content at work. Maybe you like your co-workers, your boss is a great person, the company seems to be doing really well and you are totally satisfied with your current salary. If this describes you, than we just have one thing to say: You should join a franchise.

Are you one of the 300,000 U.S.-based small businesses that export your products and services to international markets? Do you know there are ways to protect your company’s assets from non-payment by foreign buyers and to improve your cash flow? 

This post originally appeared on Small Business Majority. We are proud to partner with the U.S. Black Chambers, Inc.(USBC), a national organization that promotes economic empowerment for Black entrepreneurs through advocacy work and by providing resources and tools.

This post originally appeared on the blog of our partner, CDC Small Business Finance.

While it might take you several years of operation to feel like you’re making a comfortable profit, it’s never too early to think about how you can use your business to build long-term wealth.