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Why Building an Audience On Social Media Is Important
A great way to generate free leads is to build an audience on social media platforms and start giving away your content. This guide explains how to use social media for business without spending.
How Do I Get Free Leads for My Business
Social media’s most remarkable power is its ability to turn online users into customers, made possible through online brand awareness.
Social media free leads are made possible through social sharing tools like Facebook and Twitter hashtags and user profiles. They allow businesses to share their contact information with interested parties.
Creating an audience through social media channels is a great way to spread your company name and communicate with customers online.
Building an audi…
Payroll Loans: Best Options for Small Businesses
Small business owners are expected to cover a wide range of expenses to keep their business afloat. One of the most consistent expenses is payroll. Whether your employees are full-time, part-time, or contract, you're expected to consistently pay for their work.What Is a Payroll Loan and How Does It Work
A payroll loan is a type of funding you can receive that helps you pay your employees. Since payrolls are considered a general working capital expense, credit and invoice financing lines are used as payroll loans.
Payroll loans for small businesses are short-term funds to pay your employees. Online, alternative lenders typically issue employee payroll loans to make sure you can pay your employees on time and in full.Different Types of Payroll Loans
There are several benefits of payroll loans. These…
Definition & Examples of a Gym Business Divestiture
Business divestiture is an important strategy for the growth of many companies, but what does it mean and what is an example of divestiture? Here’s everything you should know about this topic.
A business divestiture is when a company disposes of some or (more rarely) all of its assets. In this context, assets include intellectual property, other facilities, physical buildings, and anything else that may be of value or relevant to a particular product or service.What Does Divestiture Mean In Business
In business, the primary goal of a business strategy divestiture is to refocus the company. This usually means reducing the number of things the company is focusing on so it can give more focus to those and, hopefully, become more profitable.
How this occurs depends on the unique status and needs of each co…
Private Equity vs Venture Capital: What’s the Difference?
Both young and mature companies have to decide the type of loans they might take out, who they will partner with, and their general operational guidelines. The truth is, investors are the lifeblood of all companies. Finding the right investors is vital to the success of a company.
While there are several types of investors, knowing which investor best fits the company's needs can accelerate a company's growth.
This post will walk you through two types of investors - private equity and venture capital. Often, entrepreneurs fail to see the distinction between private equity vs venture capital. The truth is that these investment strategies have subtle but vast differences.What Is Private Equity?
Private equity (PE) refers to direct investment in private companies where investors get control of interests …
SBA 504 vs. 7A Loan: What’s the Best-Fit Loan for Your Gym Business?
Small businesses sometimes need a little financial help. Whether you are looking to help with your day-to-day expenses or you are looking to invest in growing your business, an SBA business loan might be a good option. The SBA 504 and the SBA 7a are small business loans that might help your financial portfolio.What Are SBA 504 vs. 7A Loans?
Let's compare the differences and similarities between an SBA 504 vs. 7A loan below.SBA 504 Loans
An SBA 504 loan is given to business owners seeking to purchase or improve their existing assets. These assets can include land, buildings, or company equipment.
The business owner's motivation is taken into account when being considered for this loan. Approval will go to those who have promising projects for economic development or show that they are supportin…
How to Protect your Gym Business from Identity Theft
Understanding the risk of identity theft to your gym business will help you take the appropriate measures to protect yourself from identity fraud. Many gym businesses don’t protect their data properly, leading to data breaches and a loss of customer trust. Here’s what you need to know about identity theft and how it relates to businesses.What Is Business Identity Theft?
Business identity theft refers to when scammers obtain a business owner’s personal information to pose as them. They use that information to open credit lines, illegally use the business owner’s existing credit cards, take out loans, or obtain tax refunds and other benefits.
Once a hacker has access to your personal information, there's a lot they can do with it, even posing as you to open up fake office locations and scam customers.
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8 Tips for Securing a Cash Advance When You Have Bad Credit
If you're looking for a cash advance with bad credit, you may be feeling a bit hopeless.
It can seem tough to find lenders who will work with you if your credit score is low. However, there are still options available to you.
In this article, we will discuss eight tips for how to get a cash advance with bad credit. We'll help you understand what a cash advance is, what bad credit is, and where you can go to get cash advance loans with bad credit.
So, don't give up yet. There are still ways for you to get the cash that you need.What Is a Cash Advance?
A cash advance is a short-term loan that you can use to cover emergency expenses. It's a great option if you need cash quickly. Cash advances are typically unsecured loans, which means that you don't need to put…
Understanding SBA Loans: What is a 504 Loan?
Many entrepreneurs require a small business loan to get started; however, choosing the right business loan can be intimidating. Fortunately, there are several different avenues of business loans to choose from, including an SBA loan.
What is an SBA loan? What is an SBA 504 loan? How does it work? What is the difference between an SBA 504 loan versus other SBA loan programs?What is an SBA Loan?
With an SBA loan, the US Small Business Administration partners with lenders to get loans for small businesses. Rather than directly giving money to small business owners, the SBA sets criteria for loans.
The rationale behind using this lending model is that it poses less risk for lenders and lending organizations, which makes small businesses receiving a loan a much more straightforward process. Here are some ot…
Why Getting a Business Line of Credit Can Be Better Than Credit Card
When you’re running a business, there are numerous things to think about. One of the most important is how you will finance your various business needs.
While many financing options exist, one of the best is getting a business line of credit. A business line of credit is different from a regular line of credit or a credit card.
In this article, we will discuss the differences when you're choosing between a business line of credit or credit card and why getting a business line of credit might be the better option for you.Business Line of Credit: What Is It?
You might wonder, what is a line of credit and how does it work? A business line of credit is essentially a business loan. You can think of it as a flexible, short-term loan that you can use whenever you need it.