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HOW TO PREPARE TO REFINANCE YOUR BUSINESS DEBT
August 19th at 9:20pm
Obtaining new funding, at better cost and terms, to pay off your existing funding is small business funding refinance. By refinancing your business funding, you may be able to reduce the cost of working capital of your funding, change the length of your repayment, or consolidate your small business debt. Some of the reasons that people refinance business funding include: Reduce monthly paymentsReduce total APRReduce total cost of capitalAllow for additional borrowingMake payments more convenient (e.g., paid monthly instead of weekly or daily) To prepare for business funding refinance, you should: Create a Clear Goal for Refinancing Review Your Existing…
DIFFERENCES OF LLC VS CORPORATION
August 12th at 9:11pm
The main difference between an LLC and a corporation is that an llc is owned by one or more individuals, and a corporation is owned by its shareholders. No matter which entity you choose, both entities offer big benefits to your business. Incorporating a business allows you to establish credibility and professionalism. A Limited Liability Company, or LLC, is not a corporation, although it offers many of the same advantages. An LLC is best described as a combination of a corporation and a partnership. LLCs offer the limited liability of a corporation, while allowing more flexibility in managing the business…
HOW TO OVERCOME ADVERSITY IN BUSINESS
August 5th at 9:05pm
Starting and running a business can be extremely challenging. Most entrepreneurs and managers find new obstacles to remove and towering barriers to scale every day of the week. We often encounter disruptive situations in our personal and professional lives such as a divorce, the death of a loved one, illness, the loss of a favorite customer, the departure of a valued employee, a shortage of funds, or even a lawsuit. The best entrepreneurs tackle these one at a time without losing their stride or their passion and many secretly get their highest satisfaction from overcoming an impossible problem. Here are…
MEET LARRY ELLISON
July 29th at 8:55pm
Lawrence Joseph Ellison is an American businessman, entrepreneur, and philanthropist who is a co-founder and the executive chairman and chief technology officer of Oracle Corporation. Here are some fun facts: 1. Larry Ellison, CEO of Oracle Corporation has an estimated net worth of US$ 41 billion dollars. The majority of this wealth is from the 22.5 percent shares that he owns in his company. 2. Ellison was born to Florence Spellman in August 1944. Spellman was unwed and nineteen at the time, and Ellison’s father was a United States Air Force pilot stationed overseas before knowing he would have a…
IMAGE BRANDING THROUGH SOCIAL MEDIA
July 15th at 10:38pm
Social Media Today argue that the purpose of social media marketing is to build a brand and increase a brand’s visibility, through building relationships and communicating with potential customers. Companies with active social media profiles enjoy more loyalty from their customers. When you are sincerely engaging and interacting on social media, an impression is created that you are more than just a faceless corporation, but a group of people with a shared vision. Here’s 10 ways to build a brand through social media. Be consistent across social media platforms. …Design a logo that displays the brand philosophy. …Use colors that make a statement. …Know the voice and style of a brand. …Quit plugging, start conversing. …Post…
CREATE DEMAND FOR YOUR PRODUCT
July 8th at 10:33pm
Demand generation is the idea of creating a need for your product or service in the minds of your potential customers. It is a multi-step process that shows your prospects a problem they face, acquaints them with your brand as a potential solution and illustrates the value of choosing you over others. Generating demand for your unknown product or service isn’t always easy, but by following some smart strategies, it will happen! Here are five demand generation strategies you’ll want to consider: 5 Strategies for Generating Consumer Demand Pay attention to market research. Your company should aim to figure out what customers need and want…
THE TOURISM INDUSTRY
July 1st at 10:27pm
In its broadest sense, the tourism industry is the total of all businesses that directly provide goods or services to facilitate business, pleasure and leisure activities away from the home environment. Tourism is one of the biggest industry in which large number of people are working together. … It is one of the industry which is resposible for some countries economy. In the U.S. travel and tourism industry generated over $1.6 trillion in economic output in 2012, supporting 7.8 million U.S. jobs. Travel and tourism exports accounted for 11 percent of all U.S. exports and nearly a third (32 percent)…
GROW YOUR BUSINESS WITH BUSINESS FUNDING
June 24th at 10:19pm
Here’s a list of just a few of the reasons why business owners look for business expansion funding, and what you can use expansion funding for. Grow The Team. You might have just started with you and a few employees. Expand to a New Market.Expand a Product Line. Remodel or Pursue Commercial Real Estate. Buy New Equipment. Expansion Funding Capital For Growing Businesses. Taking out unsecured funding can sometimes be the best way to move your business forward. Small Business Capital. Small businesses are typically more established than startups, but the need for increased revenue is equally important. Start Up Financing. Here are five steps to help you qualify for a…