Risk
The Downsides of the No-Debt Badge of Honor
Many business owners avoid debt like the plague. Ami Kassar, author of The Growth Dilemma, refers to it as the no-debt badge of honor. And avoiding debt has its benefits, but it also has its downsides, and you should take your time to think through any decision you make about financing your business. I recently…
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Are You Eligible for an SBA Loan?
Has this ever happened to you? You walk into your local bank branch looking for a small business loan, and you’re told that you’re not eligible for an SBA loan. Does that mean you’re not qualified to get an SBA loan at all? Absolutely not! Ami Kassar, author of The Growth Dilemma, talks about the…
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Have You Prepared for Compliance Issues?
Are you worried about compliance issues? Many small businesses overlook compliance, but it’s a vital step to protecting your business, with proactive steps that avoid problems down the road. The key fundamentals for small business compliance include the implementation of an employee handbook, cybersecurity, and securing reliable service providers. Experienced professionals can be a huge…
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What’s a Premium Audit?
Premium audits may be required for your business insurance policies, especially workers’ compensation policies. Don’t be afraid! These audits are intended to make sure your insurance matches your risk exposures. They are conducted near the end of your policy’s term, and based on a number of business documentation, could raise or lower your premiums. Learn…
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What is the Best Loan for Your Business?
There are lots of factors that go into deciding what is the best possible loan for your business, says Ami Kassar, author of The Growth Dilemma. Depending on things like your current cash situation, profitability, available assets, credit rating, collateral, and more, different options could be more appropriate for your needs. You might be a…
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Why Small Businesses Should Think About Cybersecurity
Cybersecurity isn’t just a concern for the big companies. It affects businesses of every size, and as many as half of all small businesses experienced cybersecurity issues in the past year alone. We’ve debunked some of the most common myths you’ll hear about small business cybersecurity, all in our latest post on our blog, including…
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Before You Take Out a Loan, Slow Down!
If something sounds too good to be true, it probably is. Cash flow pressure can be very intense, and we all run into unexpected problems that impact our finances, but when that happens the most important thing to do is to slow down, says Ami Kassar, author of The Growth Dilemma. The more anxious you…
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Find Answers to The Growth Dilemma
What would you be willing to risk to grow your business? What kind of risks should you take? When is it appropriate to take some chips off the table and diversify our investments? These kinds of questions we often forget to ask ourselves when we’re caught up in the day to day of our fast-paced…
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Restaurant Safety Tips
Did you know that food industry workers have a dramatically higher chance of injury compared to workers in other industries? If you own a restaurant, safety should be a high priority! Some of the most common injuries include chemical exposure, burns, cuts, and more. Learn more of the injury risks in the food industry, and…
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5 Ways to Prep Small Businesses Facing Natural Disasters
I had originally considered titling this post something along the lines of “the best ways to protect a small business from emergencies.” But the truth is no entrepreneur truly can do any of that. From hurricanes to earthquakes, the best we can do when Mother Nature strikes is to take as many safety precautions as…
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