SCORE’s two latest infographics focus on financing challenges and mentorship’s impact on women entrepreneurs. They highlight the second and third parts of “The Megaphone of Main Street: Women’s Entrepreneurship.”
Startup businesses that took on debt are more likely to succeed (as long as they use business debt as opposed to taking on personal debt). They’re also more likely to achieve higher revenues. On the flip side, the study found, taking on personal debt to start a business is something to be cautious of.
Doing some pre-startup homework and crafting a business plan now will make your life post-startup so much easier. The real reasons to write a business plan have nothing to do with other people: They have to do with you.
There are many different sources of funding available these days; for established business owners with solid credit, a term loan is often one of the best options. Whatever your reason for needing working capital, long-term financing is likely a good solution.
In step 10 of the “16 Steps to Starting a Business While Working Full Time" ebook, learn how to manage your money.
Starting a business can be one of the most exciting and nerve-wracking occasions of your life. While no exact formula for success exists, you can take a few steps to improve the odds of your business survival.
We surveyed more than 18,000 SCORE clients to find out how business owners are faring. We collected these results to create our first data report,The Megaphone of Main Street.
Of all the research and planning that goes into starting and running a small business, financial plans probably trip up the most budding entrepreneurs.