Small Business Loan Program Rewards You For Hiring
Chase just launched a pretty innovative small business lending program. Basically, they are offering to lower interest rates on loans or credit lines to qualified small businesses by as much as 2%, a half a percent for each employee you hire after you’ve secured the loan (up to 3 employees). You’ll certainly need to meet [...]
Learn From The Best: Zappos Wants to Show You How To Build a Billion-Dollar Biz
Zappos.com is the $1 billion a year e-retailer that’s not only won the hearts of its customers, but also become the darling of the business world and business press. On its face, Zappos.com sells shoes, clothes and accessories via mail order. But, it’s actually an ingenious customer service and logistics company powered by big ideas [...]
Small Businesses Cut 100,000 Jobs
We’ve all heard it said that small businesses are the backbone of our economy. But, this seems like “sappy crappy” until you consider that over 48 million people in the U.S. are employed by businesses with fewer than 50 workers. Then, the state of small business employment is magically relevant to all of us. As [...]
$100,000 Grant for New Entrepreneurs
Inc. magazine, a magazine for small business owners, and Alibaba.com, a website that matches U.S. businesses with Chinese manufacturers, want to give small business owners and aspiring entrepreneurs $100,000 in grants to start or grow their new enterprises. To get your share of the $100,000 prize (top prize is a $50,000 grant), you’ll need to [...]
YOU + TRUCK: Six Businesses You Can Start With A Truck
New Book Makes Starting a Business a Movable Feat San Francisco, CA—July 23, 2009—It’s hard to ignore the growing mobile trend—mobile restaurants, mobile pet groomers, mobile (fill in the blank). The trend is a response to reduced access to credit and lower consumer spending. Would-be entrepreneurs and existing business owners are seeking new ways to [...]
Small Biz Gets $15 Billion-Dollar Boost
President Obama announced today that he was rolling out a new program designed to give small businesses a boost. Under the new program, Obama will allocate an additional $15B to helping small business owners secure financing and lower their tax burdens. The money will be added to the $730M Congress approved last month and be [...]
Small Business Loans: Coming to a Hedge Fund Near You
Those wily hedge fund managers are up to their old tricks–giving us what we want and making megabucks in the process. Their newest product is a hot, hard-to-get, one. It’s business loans. Hedge funds are offering asset-based loans to a select few business owners. In exchange for sizable loans with short repayment periods (usually less [...]
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