What Normally Causes Banks to Reject Small Business Loans?


Whether you are a small or a large one, you will need a loan at the start to finance your marketing efforts and operations. It is not that difficult for large businesses to get loans from banks because most lending institutions are more than willing to invest in large corporations due to their dominant position in their market and industry. On the other hand, small businesses do not occupy a key position in the industry, and that’s why banks and other lending entities aren’t intrinsically interested in financing them. However, there can be

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What Sets a Small Business Apart from a Large Business?


You probably hear terms like ‘small business’ and ‘large business’ quite commonly whether you are looking for software solutions, investment opportunities or something else. Sometimes, it can be difficult for business owners to figure out if what they own is a small business or a large one. The confusion is valid because you don’t often find clear definitions to help you distinguish one from the other. However, it is essential to know the difference so you can pick the right services. This is because most service providers design their service packages differently for

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How Marketing Mix Can help Small Businesses Grow


If you are doing all you can to grow your small business but nothing is working, you might want to take a step back and reconsider your marketing mix. Doing the right type of marketing at the right place and at the right time requires some brainstorming, research and analytical approach. Take a look at what marketing mix is and how you can use this concept to grow your small business.
Understanding Marketing Mix
In simple words, marketing mix involves the techniques, tactics and strategies you

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The Right Way to Arrange and Manage Small Business Funds


The sustenance and growth of a business depends on how well it manages the funds available to it. The first step is to arrange the right funds based on a proper business plan. As a business owner, you don’t want to end up getting more funds than you need because you will then overly spend the money and end up with debt that’s hard to pay off.
The second step is to manage the funds properly and invest them for short-term and long-term benefits both.

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