Small Business Week 2013: Resources to Research Your Competition
Who are your competitors? How do you stack up against them? Here are some ways to research your competition and know how to beat them. […]
Happy National Small Business Week 2013!
A week to celebrate small businesses that make our communities stronger.
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Minnesota’s New Business Problem: Creation
Study shows that Minnesota has created lowest number of new businesses in the nation.
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Mind the Gap: Filling in the Franchise Financing Gap
I recently read an article about franchise financing in the Business Journal. According to data prepared for the International Franchise Association, bank lending to franchises is predicted to fall short of demand. From the article:
Banks will increase lending to franchise businesses by 10 percent this year to $24 billion, but that falls $2.6 billion short […]
Why Minnesota Startups Fail: A Lack of Capital
Minnesota businesses fail because they lack capital. Here’s what to do about it.
Minnesota’s Department of Employment and Economic Development (DEED) has started a blog. In its introductory post, they have written a great primer on why new businesses fail, especially in Minnesota. The article discusses how a lack of planning often results in a lack […]
Squeeze Play: How Big Business Is Creating a Cash Flow Crunch for Small Business
The Wall Street Journal recently published an article on the cash flow crunch many small businesses are experiencing. The article details how large corporations are boosting their profits, buying back stock, and paying dividends on the backs of their suppliers. From the article:
The move highlights how America’s biggest companies continue to build on the aggressive […]
Will SBA loans run out?
Sequestration is here and it looks like it will be hitting small businesses in an unexpected way: SBA Loans.
Kent Hoover at the Business Journal has a great article about how the cuts to the SBA may affect the SBA’s loan programs, including the 7(a) program for working capital. Hoover poses an interesting set of scenarios […]