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Is Your Business Ready for a Growing Economy?

The state of the economy has challenged businesses for several years, but we are starting 2017 with positive economic momentum. The last year ended with many economic indicators pointing towards a growing economy. It is thought by many economists that if we achieve lower taxes, less regulation and expanded trade, our economy will grow even faster. Is your business ready for that growing economy?

To ensure you are prepared, consider these three things while there is time to create plans and strategies to achieve growth:

Working Capital

Will you have enough capital to support your growth? Now is the time to evaluate…


Tips for Obtaining a Loan for Your Small Business

If you are like many small business owners, you are optimistic about your company’s future growth prospects. Several surveys have reported the vast majority of businesses with less than $5 million in annual revenue are extremely confident in their business growth in 2016. That growth can create a need for additional employees, more inventory and new office space. This all leads to a need for capital.

For small business owners who are unprepared, obtaining financing can be a barrier to realizing that growth. It has been reported that only a third to a half of small businesses succeed in getting…


What Is A Business Credit Score?

Thirty years ago if you were to ask someone what their credit score was, they’d probably look dumbfounded or they might think you were asking them some sort of trick question. Today, many people not only know their approximate credit score, but they probably have a pretty good idea how it is calculated. Most are aware that if you apply for personal credit such as a home mortgage, auto loan, or credit card, the lender will obtain a copy of your credit report. They will then use your credit score as a factor in determining whether you qualify for…

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