Commercial Archives

How to Get a Business Loan with Bad Credit or No Collateral

Business loans are often required to launch or grow a business or to get through a difficult time. However, they are not always easy to obtain. Often, banks will expect businesses and their owners to have exceptional credit or to be able to offer collateral to secure the loan.

When to Draft Your Franchise Business Plan

Franchising opportunities provide tremendous potential benefits for both franchisors and franchisees. On the franchisor side, you have an opportunity to expand your business without being required to supply all the capital and manpower. On the franchisee side, you get a ready-made business model, fully developed brand, and ongoing operational and marketing support. When executed well, franchising creates an advantageous opportunity for both parties.

Purpose Beyond Profits Takes on New Meaning as the Role of Business in Society Evolves

Everyone from Big 4 accounting firms, to professional services giants, to tech companies and media corporations are now rallying for the use of business as a force for change for the better. It’s no longer just the right thing to do; it’s become an imperative for long-term business success.

An Introduction to Understanding the Diversity of Common Financial Model Types

Financial modeling is often thought of when it comes to creating financial projections for your business plan. While this is a common application, financial modeling is actively used by businesses of all sizes across all industries to aid in everyday decision-making.

New COVID Relief Package Gives Second Chance to Struggling Businesses

In the face of stalled negotiations and Congressional recesses many businesses and individuals had lost hope of seeing additional governmental relief for the financial impacts relating to the pandemic. But at long last, a successful additional COVID-19 relief package has passed.

Franchise Statistics_ Reflecting On 2019 Results And The 2020 Outlook Featured

Franchise Statistics on 2019 Results and the 2020 Outlook

The franchising industry is responsible for about 3% of total GDP. Growth in the industry was expected to outpace U.S nominal GDP growth rate in 2020, though this projection was made prior to the pandemic. Final results have yet to be seen as most franchise data is only reported annually.

Exploring the Various Ways to Raise Capital for an Established or New Business

In a perfect world, every entrepreneur would have sufficient capital to launch their business idea or expand their established business. Although that is far from reality, there are a number of options available. The first step is identifying and beginning to understand them. Most funding for a business can generally be broken down into equity or debt.