An important goal for any owner of a construction business is to have a steady flow of business. Not only is it important to have a great reputation, but you want your clients to help market you and your business. Businesses that do quality work and make a personal connection with clients tend to get …
Continue reading “3 Easy Steps to Develop Loyal Customers in The Construction Industry”
In an era (now a trend exceeding 7 or 8 years) where banks drag out the application and review process over weeks or months, then demonstrate a very low approval rate on loan requests, the appeal of investor funding has many business owners wishing they could get on Shark Tank. Each shark’s bias You don’t …
Continue reading “What Each Shark Tank Shark Prefers & The One Thing They All Agree on”
The economy is still trying to rebound from the effects of the Great Recession. The remainder of 2014 will continue to see small businesses struggling to access financing through traditional lending options. We’ve put together a list, based on research from leading sources that shares insights on what may happen in the small business lending …
Continue reading “Five Small Business Lending Trends of 2014”
Most business owners going into a bank to seek funding and apply for a small business loan want to present themselves in the best possible light. They dress professional, have a good idea about what kind of financing they need, and have a solid plan on how they are going to use the funds. With …
Doing it “the best” often doesn’t work as well as “doing it differently.” But how do you know if you truly are doing things differently in the eyes of your customers? It’s a little easier if you run a product-based (rather than service-based business). But first, let’s check out a couple of examples of differentiation …
Continue reading “Are You Differentiated from Other Businesses in Your Niche?”
You probably have a good idea of your personal credit score. But what is your business credit score? Is it the same as your personal credit score? When do the two remain the same? When do they get separated? How does all this work? Here’s the quick of how it happens: To have separate credit, …
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In order to run a business successfully you must follow some rules. Here are a few we believe are necessary: Build in concrete reward systems for your employees. Talk all you want about “pursuing excellence.” That’s a good thing to do, but what happens in reality is few people follow through because they don’t know …
Imagine this scenario: You’ve spent thousands of hours working on your business – perhaps more than a decade. You recently discovered a new problem affecting your customers, and you’ve talked to several about your potential solution. They said that if your solution existed, they would happily buy. You have a high degree of confidence your …
Continue reading “Why alternative lending makes good cents for female & minority business owners”
