For many, operating a business from home is a convenient and enjoyable way to make a living. No wonder there are nearly 15 million home businesses in the U.S. alone—that’s half of all businesses in the country.
Small business owners know the value of preparation. Planning ahead is second nature to entrepreneurs, who are always thinking about the next step in their businesses. When it comes to business financing, preparation is key.
One of the most important promises that small business owners make is to pay their employees on time. Covering payroll may not always be simple, but it’s vital to the well-being of the business because employees who aren’t paid don’t stick around.
Over the years, more and more small business founders are turning to credit cards as a viable source for financing a new business. And it’s not hard to see why startup business credit cards have become so popular. Thanks to the 2008 financial crisis, banks have become much more risk-averse, preferring to lend mostly to […]