The Blog
Strategic Small Business Trends.
Top 8 Tips on Preparing Your Business for Obtaining a Long-Term Business Loan
For many small businesses, a short term loan can help to meet financial needs by providing funding quickly, with short repayment periods. On the other hand, some circumstances may make a long term business loan a better option. These loans can meet a long term...
Are You Terrified of Public Speaking? 8 Steps to Overcome Your Fear
Glossophobia, the fear of public speaking, is a common fear for many people. It’s also one of the biggest obstacles that entrepreneurs need to overcome in order to grow as a business leader. Fear can mean missing out on making a sale, building a business partnership,...
The 10 Most Profitable Small Businesses in 2019
The advancement of technology has opened up new avenues of success that didn’t even exist just a few decades ago. There are countless people across the globe today who just require an internet connection and a computer to make a decent living. The rise of social media...
Product Liability Insurance: Do You Need it for Your Business?
Business owners are responsible for every product that they sell. What that means is that your business can be held liable if there’s a product defect that causes injury or damage. If that were to ever happen, your business would be staring significant financial...
LLC Formation Service Comparison: IncFile vs LegalZoom
Trying to figure out the process of LLC formation can be a bit daunting, particularly if you’re someone who is just launching their first business and has no prior experience. Businesses will always end up requiring legal advice at some point. That doesn't faze...
How to Choose a Bookkeeping Service for Your Business
A professional bookkeeping service can make a world of difference for any business owner. It is of vital importance for small businesses and entrepreneurs to have a professional keeping an eye on their balance sheet, someone that can make sure that all of the...
How to Obtain Semi-Truck Financing for Your Transportation Business
The trucking industry employs more than 7 million people, including many owner-operators, and moves around 70% of all US freight. Semi-trucks are also the key to success for transportation small businesses. But the problem is, these essential commercial vehicles are...
Quickbooks Pro vs Premier: Which is the Better Accounting Software For Your Business?
There's no denying that QuickBooks is one of the leading accounting software for businesses today. But there are so many different types of QuickBooks accounts that it can be hard to figure out which version of QuickBooks is best for your business. Small business...
The Top 5 Ways to Leverage an Inventory Loan for Your Business
If your business is responsible for delivering goods (rather than services) to customers, then you will inevitably need to keep at least some level of inventory throughout the standard business cycle. After all, the cost of storing your surplus inventory will be much...
8 Easy Ways an Established Business can get a Small Business Loan
Small business loans can help your business evolve into a much larger—and, hopefully, much more profitable—operation. With an adequate supply of funding, your business will be able to pay off its debts, be able to accept larger projects, and even be able to consider...
How a Wholesale Business Can Spark Growth with an Inventory Loan
Inventory management is a bit of a Catch-22 for wholesale businesses. The first step to generating cash flow and building working capital as a wholesale business is purchasing inventory so that you have inventory to sell. But that can be hard to do if you do not...
How a Construction Equipment Loan Can Drive Revenue Growth
There are many costs that come with running a small business. For those in the construction industry, those costs can be substantial. There are small business financing options to cover those costs, from equipment to skilled staff to improving technology. Here’s how a...
Top 10 Industries for a High Entrepreneur Salary
Unfortunately, there is no magic formula when it comes to getting a high entrepreneur salary. The payoffs are big when a business grows and generates long term cash flow or is acquired, but the risk is still extremely high. The hard truth is that 50 percent of small...
LendVer Names Capital Collab its Best Alternative Business Loan Marketplace
LendVer, the reputable database of vetted best lenders for business and investment property loan seekers, has announced their 2019 award winners. We’re excited to share that Capital Collaboration was awarded the 2019 Best Alternative Business Loan Marketplace. Here's...
How Hard is it to get a Business Loan for a Retail Shop?
The holiday season is approaching fast, which means that retail business owners need capital for inventory purchases which will let them maximize their cash flow. But how hard is it to get a business loan for a retail shop? Various factors affect the type of loan you...
How to Obtain a Business Cash Advance for a Startup
One of the main challenges as a business owner when starting a business is coming up with the working capital you need to purchase inventory or other revenue-generating initiatives. It can seem like a type of business Catch 22: you need inventory to make money but you...
Impact of Women-Owned Small Businesses on the US Economy in 2019
October is National Women’s Small Business Month, a time to highlight the accomplishments of women in their industries. Today, we’re taking a look at the impact of women-owned small businesses and how women are setting the tone for the future of small business. ...
4 Steps to Take When a Key Employee Leaves
You invest time and resources into your employees and depend on them to keep your business running day-to-day. So, what happens when one of your key employees leaves to pursue a new opportunity? These are the four steps you should take to keep your business running...
The Top 5 Ways to De-stress During the Workday
As a business owner or entrepreneur, it can be very easy to feel overwhelmed. It's almost always impossible to strike the right work-life balance when you are responsible for the well-being of your company and your employees. Time management can help prevent stress...
Is Your Business Prepared for an Urgent Working Capital Need?
Many small business owners dread the idea of urgent working capital needs because they are not prepared to address those needs with an urgent business loan. Without knowing their funding options and without quick access to a short term business loan, these kinds of...
The Top 5 Questions to Ask Before Sponsoring an Event
Sponsoring an event can be a useful marketing tool. It’s an opportunity to gain exposure, build brand recognition, and collect leads for future sales. But is an event sponsorship a good idea for a B2B Business in every instance? Before you say yes to sponsoring an...
How to Use Your Customer Testimonials to Attract New Customers
When you’re running a small business, one of the best marketing tools you can take advantage of is positive customer feedback. In fact, 68% of Americans report that positive reviews of a business make them more likely to use that business. Here’s how to find and use...
What Is Spot Invoice Factoring And Is It Right For Your Business?
It is not uncommon for business owners to require immediate cash. When this is the case, you’ll have several options. You could apply for a loan. You could apply for a line of credit. Or you could sell some of the assets you already own. While most people think of...
How to Get a Line of Credit for a Small Business
In the world of business, credit can help your business move closer to achieving its long-term earnings objectives. By having access to capital now, you can begin building your business, increasing revenue streams, and ultimately enhancing your bottom line. While...
Top 10: Best Customer Service Tools for Small Businesses
Customer service is often the number one competitive advantage that small businesses have over their corporate counterparts. The smaller customer volume and fewer team members mean that they can treat customers as people and provide more customized service than...
The 5 Best Ways to Measure Customer Satisfaction
Customer satisfaction is at the core of a small business’ success. When your customers are happy with their experience, they’ll be more likely to purchase your products or services again, and more likely to recommend your business to others. By not reaching out to...
5 Ways to Run More Efficient Business Meetings
The purpose of a business meeting is for a group to come together to fit the maximum amount of productivity into a short period of time. A meeting should be an opportunity to present ideas, communicate effectively, and solve problems together. Unfortunately, meetings...
The 5 Best Employee Scheduling Programs for Shift Businesses
Many small businesses are moving away from using Google Docs, Google Sheets, Google Calendar or other manual processes to create work schedules for their team members. Effective scheduling programs for shift businesses are important to business success and there are...
The 10 Essentials to Include in a Startup Pitch Deck
If you're wondering “what should I include in an idea stage startup pitch deck?”, you're not alone. An effective pitch deck needs to be short and to the point if it's going to win over investors and earn you the funding you need to grow your startup. That means you...
How to Obtain an Unsecured Business Loan in 4 Steps
What is the best way to obtain an unsecured business loan? It is much easier to qualify for this kind of small business loan than it is for a long-term SBA loan or another type of loan. All you need is good credit and annual revenue; you don't need to provide business...
How a Minimum Wage Increase Could Affect Small Businesses
Over the past few years, the movement to increase the federal minimum wage to $15 per hour has gained a considerable amount of momentum. Proponents of the minimum wage increase argue that $15 is the minimum hourly wage needed to establish an adequate standard of...
What Is Bridge Financing And Is It Right For My Business?
There are many options for financing a business. Unfortunately, they may not always be available at the right time. That’s where bridge loans come into play. In this post, we’re defining bridge financing, sharing the pros and cons of this type of funding, and helping...
7 Tips on Building a Brand for Your New Business
If building a brand isn’t at the top of your list of priorities for your new business, it’s time to put it there. Branding is just as important for small businesses as it is for large corporations. Every business had to start somewhere and, over time, the branding...
Top 10 Negotiation Tips for Small Business Owners
As a business owner, you’ll be responsible for making business deals that will require strategy, skill, and negotiation tactics. Being prepared for these situations can help you to make the most of each deal and keep your small business moving forward. In this post,...
8 Tips on Creating a Powerful Sales Presentation
According to the Washington Post, public speaking is the biggest fear of the American public. Feared by more than 25 percent of the population, public speaking narrowly edged out heights, bugs, and drowning. Whether or not you are scared of public speaking, there are...
How To Take A Summer Vacation As A Small Business Owner
If you are currently the owner of a small business, the term “vacation” probably sounds like a foreign word. As the person who is running the whole show, you probably worry that the moment you take a summer vacation, your whole operation will come falling down. In...
Does Your Medical Practice Need New Equipment? Learn How Equipment Financing Can Help
According to national averages, fully renovating a medical space can cost as much as $200 to $325 per square foot. Assuming that your practice requires hundreds, even thousands, of square feet, getting your practice off the ground and running can easily cost millions...
The 5 Most Common Mistakes Small Businesses Make When Invoicing Customers
Invoicing is a prerequisite to getting paid for your hard work, so it's important to know when to invoice a customer. Without effective invoice management, you won't have the resources that you need to run your company. But small businesses often mishandle their...
How to Leverage Technology in Your Restaurant Business
A key part of staying competitive as a restaurant these days is keeping up with foodservice technology trends. Whether we like it or not, technology is streamlining just about every part of life nowadays, and restaurant technologies are more powerful and important...
5 Tips on Dealing with Difficult Customers
Figuring out how to deal with difficult customers is one of the most arduous and painful parts of running a small business. And we're not just talking about handling online customer complaints, which is bad enough. No, we're talking about the kind of customer who...
Small Business Financing with Capital Collab – See Why We Are #1
Are you thinking about small business financing options for your venture? Perhaps you need some funds to improve cash flow, support expansion, or invest in new stock. There are lots of different funding options to choose from and numerous factors to consider. For some...
How To Get A Small Business Loan In 4 Easy Steps
If you’re a business owner in need of funds then you may be wondering - just how hard is it to get a small business loan? Do you need to have a perfect credit score? What are the minimum qualifications needed for an application to be successful? ...
The Importance of Working Capital in a Retail Business
Not much is more important than working capital in a retail business. Cash reserves are everything in retail. They're what let you buy inventory, weather drier months, and pay unexpected expenses. Let's explore what working capital is, why it's so important to your...
Tips on Setting Up an Employee Benefits Package for Your Small Business
Figuring out how to get benefits for your employees without breaking the bank as a small business can be a stressful and challenging task. Done right, however, it can be one of the most satisfying of running a small business. Providing employee benefits that make a...
The Eight Best Invoicing Software Options for Small Businesses
Choosing the best invoicing software for a small business is an extremely important task. The right tool will make it easy to get paid quickly, give your clients peace of mind, and help you avoid messy paperwork and accounting mistakes. Software that doesn't meet your...
10 Tips on Improving Customer Satisfaction through Employee Engagement
In many businesses, your employees will be the first line of interaction with your business that your most important clients have. In order to ensure that your business is reaching its full potential, it will be crucial to make sure your employees are engaging these...
How Retailers Can Leverage Pinterest To Drive Additional Sales
Utilizing Pinterest to drive sales is an effective tactic for many retail organizations. According to the statistic gathering site Statista, there are currently more than 290 million people actively using Pinterest at least once a month. This represents a substantial...
7 Factors to Consider When Choosing Between Debt and Equity Financing for Your Young Business
If you are hoping to start a new business, the first thing you will need to figure out is where you will get your financing from. Without a reliable source of financing at your disposal, it will not matter if your idea for a new business is the greatest in the...
Best Practices for Managing Interns
The idea of having an intern is great – a college student in the office to fetch your coffee and handle small but time-consuming tasks. The reality of managing interns is a bit different. We’re focusing on the best practices for managing interns to make it a mutually...
Top Seven Trade Show Best Practices
Trade shows are events that take a lot of time, effort, and resources to prepare for. When executed well, they can also be an exceptional tool for finding new clients and making more sales. In this post, we’re sharing seven trade show best practices to help ensure...
Are You Ready to Sell Your Business? A Guide to Get You Started
You might be ready to retire and pass your company on to the next entrepreneur. You could be ready to move on to the next step in your career. Maybe your business is profitable, and you want to cash in on your hard work. No matter what your reason is for wanting to...
Retail Business Loans
Many retail business loans are aimed at traditional brick and mortar stores. But as consumer habits and the nature of shopping changes, banks are adapting their finance offerings in line. Online retailers now have more options than ever when it comes to securing...
The Definitive Guide to Responding to Online Customer Complaints
Interacting with customers online can often present a unique set of challenges. Because you likely will not have the opportunity to speak to these customers face to face, it can be very easy for your message to get lost in translation. Knowing how to handle online...
10 Tips on Managing an Outside Sales Team
In a world that is rapidly globalizing and becoming more digital, an increasing number of businesses have made the decision to outsource their sales team. By making the decision to outsource this essential component of your business, you may be able to decrease the...
How Much Cash Should a Business Have On-Hand
When someone asks you, “how much cash do you want to have?”, your first instinct will probably be to answer, “as much as I possibly can!” However, while having cash is certainly a good thing, keeping that cash in an entirely liquid form is likely an inefficient...
Business Owner Daily Routines Start in the Morning
Proper business owner daily routines can give the stability and clarity necessary for business success. The life of a business owner is a busy one, and organizing your day as best as possible can help you make sure you don't get lost in the details. In order to...
Are You Looking To Pay Off Your Small Business Loan Early? Here Are Some Points to Consider
When we’re in debt, it’s often our first reaction to try to get rid of that debt as quickly as possible. However, that’s not always the best financial decision for a small business, or even a possibility with the loan you’ve received. Before you decide to try to pay...
Eight Icebreaking Games for New Hire Class Training
According to research from CBI, only 1 in 10 companies are satisfied with the employee engagement within the company. One way to build that engagement with new hires is by organizing icebreaker events to help the team get to know one another better. Team building...
How to Develop an Elevator Pitch for Your Small Business
When you’re passionate about the business you’re running, you could likely talk all day about what your business does, what makes your team unique, and where you see things going in the future. In this post, we’re sharing tips for developing and delivering your pitch,...
How to Get Your Invoices Paid Faster
Getting paid on time is crucial to the survival of any business, in any field, of any size, anywhere in the world, no matter who you are. For small businesses, in particular, it could be the difference between covering costs and going into the red. Luckily, if you or...
How to Develop Business Opportunities Using a SWOT Analysis
In today’s extremely competitive environment, it’s vital for small businesses to find every advantage and opportunity possible. One of the most efficient and effective ways to find and develop business opportunities is by utilizing a SWOT Analysis. What is a SWOT...
Unsecured Business Loans
Many company owners see unsecured business loans as a low-risk form of financing. These types of loan don’t require applicants to supply collateral which means it’s available to more people. Even if you don’t have a house or car to use as security, you will still be...
Business Cash Advance
A business cash advance (sometimes referred to as a merchant cash advance) is a quick and easy way to secure funding. It enables you to borrow money upfront and then repay it using sales from credit and debit cards. Unlike other forms of funding, these have lower...
The Holy Grail of Personal and Business Credit
The legend of the Holy Grail dates back thousands of years. According to the legend, there is a “grail” (usually described as some type of cup) that is so powerful and so important that many people spend their entire lives pursuing it. The benefits of holding onto the...
Restaurant Business Loans
Securing the right restaurant business loans can make or break a new venture. Margins in the restaurant industry can be tight so it’s crucial to secure affordable financing options. If you run an established food business, then a strategic approach to funding can...
A Guide to Finding Small Startup Loans for Your Business
For many small business owners, the most significant obstacle to getting the business up and running is finding funding. Without startup money, it’s difficult to get the supplies, inventory, and promotional materials needed to get things moving. Luckily, there are...
Seven Tips to Prepare for the Busy Summer Construction Season
As a large portion of the country is starting to defrost from the winter, it’s time to look ahead to the warmer months. Along with the higher temperatures and sunny weather comes more work and hectic schedules for those in the construction industry. Today, we’re...
Working Capital Business Loans
Working capital business loans are an invaluable form of financing for many small companies. Almost half of new start-ups fail due to lack of capital so this type of business financing can be a lifeline in the early stages. But established businesses experience peaks...