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FINDING SUCCESS IN THE FOOD INDUSTRY
March 29th at 11:48pm
Your food business needs more than great tasting food to succeed. This can be a surprise when you’re starting out in the food industry. All you need to do to run your restaurant business effectively is to avoid making the mistakes others made. For example, many unsuccessful entrepreneurs opened a restaurant without proper research of the market and customers. research your target customers to know about their economic, social and other backgrounds. Find out more about your competitors. Get right answers to some key questions before you launch your restaurant business. These are the key things you should consider before…
HOW TO REPAIR YOUR CREDIT
March 22nd at 11:44pm
Living with bad credit in America today is possible, but it’s tough. Bad credit makes many things difficult, impossible, or more expensive. Credit repair is critical to saving money on insurance, funding, and credit cards, but that’s not the only reason to repair your credit. A better credit score opens up new employment opportunities, even promotions and raises with your current employer. If you dream of starting your own business or just want the security of knowing you can borrow money when you want to, you should repair your credit sooner rather than later. Here’s a simple process you can follow: Review your credit reports. …Dispute…
HOW TO CREATE A BRAND
March 15th at 11:37pm
With millions, if not billions, of businesses trying to make a name for themselves, having a strong brand has become crucial for businesses to differentiate themselves from their competitors. If you’re working to develop your first brand identity for a client, or you’re doing this for your own business, it’s important to first understand what a brand is and what it takes to create one. See important check list for your business in order to create the right image and brand: Determine your brand’s target audience.Establish a brand mission statement.Research brands within your industry niche.Outline the key qualities and benefits…
FINANCING FOR RETAIL BUSINESSES
March 8th at 11:30pm
Small retail businesses rely on borrowed capital to purchase inventory, buy fixtures, expand, or bridge seasonal cash flow gaps. Financing retail businesses like restaurants, grocers, and other merchants can be challenging depending on the nature of the particular business. A funding for retail businesses can cover day-to-day and seasonal small business expenses, including: Investing in new technology to increase efficiencies.Creating new marketing materials to address changing trends.Hiring new employees to boost customer experience.Purchasing additional inventory for a busy season. Top six business funding for retail: SBA 7(a) funding. Best for general expenses.SBA 504/CDC funding. Best for commercial real estate.Business lines…
FINANCING FOR TRANSPORTATION COMPANIES
March 1st at 11:22pm
The transportation sector is a category of companies that provide services moving people, goods, or the infrastructure to do so. The transportation industry group consists of several industries including air freight and logistics, airlines, marine, road and rail, and transportation infrastructure. These industries are further broken down into the sub-industries air freight and logistics, airlines, marine, railroads, trucking, airport services, highways and rail tracks, and marine ports and services. The performance of companies in the transportation industry is highly sensitive to fluctuations in company earnings and the price of transportation services. Main factors affecting company earnings include fuel costs, labor…
TIPS ON HOW TO BECOME WEALTHY
February 8th at 10:48pm
There are no secrets to becoming wealthy overnight, but there are some repeatable, proven, systems to help you become rich. Becoming wealthy has more to do with restraint and tenacity than it does brilliance or luck. How to Build Wealth in 10 Easy Ways Add Value. Something many self-made entrepreneurs have in common are that they are valuable in specific ways. Tax Yourself. The concept of saving money is not a new one. Create a Plan and Follow It. Invest. Start a Business. Be Grateful. Develop Patience. Educate Yourself. Growing wealth is more than just hitting a single number. If…
HOW TO GET A MERCHANT ACCOUNT
February 1st at 10:41pm
A merchant account is an agreement between a merchant and an acquiring bank. This agreement allows the former to process and accept credit card payments. Creating a merchant account is in the merchant’s best interest. Even in the brick-and-mortar retailing, customers do not always have cash on them. So, the owners of such businesses have to open merchant accounts to be able to process and receive credit card payments. And it is even more critical for online businesses that want to process credit card payments. How to create a merchant account Choose credit card brands to work with. This is the…
THE IMPORTANCE OF A GOOD BUSINESS LOGO
January 30th at 10:17pm
For most people the logos of such firms immediately connect our minds to the business in question, without the need to see its name. If you are presented with a design for your company logo that is immediately likeable and resonates with your values, you might be wise to take a long hard look at it, bin it, and start again. Good logos are critical for a business, as they establish the brand in a way that resonates with its customers. A logo should be easily recognizable in large- and small-print. You want consumers to recognize your brand, whether it’s…