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What Small Business Owners Need to Know

The Pros and Cons of Leasing Business Equipment Understanding Lease Payments and Terms Leasing equipment provides a less burdensome upfront cost compared to outright purchasing. Small business owners make monthly payments over a specific period, typically the lease term’s duration. At the end of the lease, they have the option to purchase the piece of

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SBA Loans – Everything You Need to Know 2023

Understanding SBA Loans SBA loans are not directly given by the Small Business Administration. Instead, the SBA guarantees a portion of the loan, incentivizing lenders to offer loans to businesses they might otherwise view as too risky. With the backing of the federal government, lenders – including banks, credit unions, and other SBA-approved institutions –

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KPIs to Track For The RIA’s Eight-Figure Exit • Financially Simple

As you work toward the eight-figure exit, you’ll need to track and monitor your progress along the way. Without a system to track your RIA’s progress, you might as well be playing Pin the Tail on the Donkey. Unless you’re actively monitoring your firm’s performance toward your objectives, you’re really only hoping you reach your

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Empowering Women Entrepreneurs: Grants for Women-Owned Businesses

Why Choose Grants for Your Small Business Unlike other forms of funding, business grants do not require repayment, making them an attractive option for business owners. However, securing a grant often requires a meticulous business plan and a comprehensive grant application. Despite these hurdles, the rewards can be monumental, allowing business owners to grow their

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