The Federal Reserve, in an effort to stave off runaway inflation, bumped the Prime Rate up four times in 2023 and a whopping seven times in 2022. As of this writing, the Prime Rate is 8.5%. If you’ve been in the market for a business loan, you might be a bit worried....
As a wave of new technology transforms the way the world does business, it’s easy to feel overwhelmed. Even businesses that rely on age-old craftsmanship and handworked detail find that they must adopt new tech to market, ship, and inventory their products...
Equity is what your business is worth after all its assets and liabilities are calculated. Investors look at your business equity when deciding whether or not to invest in your company. Lenders look at your business equity when deciding if you qualify for a loan. You...
Franchises are an attractive way to get into a new business. They come with brand recognition, advertising power, and vendor contracts already in place. Depending on if you buy an existing franchise location or start your own, it may even come with trained staff. But...
The lending landscape is always changing, and it’s not always easy to see what’s coming around the corner. Even those who keep a close eye on the economy can be caught by surprise. For example, few were prepared for the housing bubble collapse in the late...
We’ve all seen the videos. Make passive income from home with my crash course! Sign up now! Then, the person on the screen shows checks and bank statements, fancy cars, and luxury apartments to “prove” how they got rich fast with a few quick tricks. You...
