Insights into the world of small business lending and development

Blog

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

Are you looking into a small business loan? Before filling out an application, you’ll want to know whether you have a high enough credit score to qualify for financing. And if your score is not quite there yet, don’t give up — you have the power to fix your credit yourself.

Believe it or not, you don’t need a credit-repair company to spot and correct common credit issues. Financial experts with proven methods will walk you through this very process in this five-part video series, produc...

This is the fourth post in a series on the basics of small business finances. Check out our posts on small business bank accounts, small business credit cards and accounting software. Stay tuned for future posts in this series.

Hopefully you’ve been reading other posts in this series, designed to help you navigate the early steps you need to establish your small business finances. But once you have a bank account, a credit card, an accounting system and your finances are running smoothly, what’s next? While it might take you several years of operation to feel like you’r...

As a small business owner, your relationships with your community and your peers are essential to your success. Your fellow business owners can provide much needed support and advice as you grow your small business. This is why many new entrepreneurs turn to a mentor who has already paved their own path. But, a successful mentorship takes effort. Here are some tips on how to have a successful mentor-mentee relationship.  

4 ways to make the most of your mentorship

1. Have open communication. A good mentor-mentee relationship has open and honest communication. As a...

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

If you’re a business owner, money matters are often top of mind. Is my company bringing in enough revenue? Will I have enough saved up for retirement? How much will I owe in taxes this year?

Handling it all may seem insurmountable. But with the right financial planning and experts on your side, you’ll be able to stay on top of your short-term and long-term priorities. This includes everything from the day-to-day management of your business to your well-deserved retirement.

Do you have a great idea for a new business and want to start your journey as an entrepreneur? Starting a business can seem like a daunting task and you might need some help figuring out if you’re ready to turn your idea into a reality. Watch our video for tips to help you determine if your business idea has legs.

 

This is the third post in a series on the basics of small business finances. Check out our posts on small business bank accounts and small business credit cards, and stay tuned for future posts in this series.

Our earlier posts in this series covered small business bank accounts and credit cards, underscoring how important it is to keep your personal and business accounts separate. Another important step in formalizing your small business finances is devising a bookkeeping or accounting system that works for your small business. While some people might be able to come up wit...

This Saturday, November 24, is Small Business Saturday! It’s a great occasion to kick off your holiday marketing and get customers in the door. While small businesses may not have access to expensive marketing gimmicks, you can make up for it in creativity and excellent customer service, and utilize the many resources available to small business owners.

You probably already know that the Small Business Administration and American Express partner to release holiday marketing materials for small business owners, and you can easily personalize these resources to your business. Check...

Venturize is proud to partner with the Veterans Business Resource Center (VBRC), an organization based in Missouri that provides mentorship and trainings for veteran small business owners, while also assisting their transition back to civilian life. Not only is the VBRC a strategic partner of our parent organization, Small Business Majority, but they have also partnered with us to bring our lending resources to their expanding network of veterans. In honor of Veterans Day this week, we sat down with the VBRC to learn more about resources and tips for veteran...

This is the second post in a series on the basics of small business finances. Check out our first post on small business bank accounts, and stay tuned for future posts in this series, including information about bookkeeping.

Hopefully, you’ve read our first post about navigating your small business finances and learned why it’s important to open a small business bank account to keep your personal and business accounts separate. Just like with bank accounts, a small business credit card is an important component of establishing good financial practices for your small business.

...

Small Business Majority's Deputy California Director Xiomara Peña spoke with Remy Meraz, founder of Me Tyme Network, to discuss her story and lessons she learned along the way as she built her business. Me Tyme Network produces video content aimed at "helping people think, feel and work better." Listen to Remy share what inspired her to become an entrepreneur, how she's navigated funding challenges, the resources she's relied on to grow her business and more!