Archive for January 3rd, 2014

What to Know About Business Expansion

Practice loan

The small business world is in the midst of a revival. As the economy rebounds, more and more small companies are finding success and growth. According to Forbes research, about a quarter of American businesses manage to stay in business for 15 years or more, and it can be deduced that those who don’t are, at least in part, plagued by financial difficulty. In 2012, about half of all small business owners were financing their companies on personal credit. Many others were seeking loans, 23% of whom cited poor sales as the reason, and 15% of whom reported struggles in obtaining those loans.

Fortunately, things are looking up. Read more ...