The Source

Small Business

Business Credit Score vs. FICO Score: What’s the Difference?

5 minute read

April 21, 2022

You have a FICO score if you’ve ever paid for a car, house, college tuition, opened a credit card account or submitted a rental application.

How to Create a Loss Prevention Strategy for Your Business

9 minute read

April 20, 2022

Loss prevention refers to the steps businesses take to reduce profit loss. The causes of profit loss, addressed by loss prevention, include theft, fraud, and human errors. To combat loss, you must understand the most...

Business Loan APR: How to Easily Calculate Your Loan Cost

10 minute read

April 20, 2022

If you want to expand your business, receiving a small business loan can help you accomplish your goals. The APR is crucial when applying for any type of business loan, as it affects the total...

Do You Need a Business Partner? How to Decide

4 minute read

April 18, 2022

Once you’ve decided on a great business idea, you’ll need to select a specific business structure. Although most business startups operate as sole proprietorships, many new businesses operate as general partnerships. Starting a partnership comes...

Business Entity Types: How to Select Your Entity Type

5 minute read

March 28, 2022

Congratulations, you've decided to take the plunge and start your own business. However, what comes next will significantly affect your chances of future success.

Want to Buy Out a Business Partner? What You Should Consider

5 minute read

March 28, 2022

Being in a business partnership is a lot like being married; there are good times and bad times, wonderful creations are made, and it’s a bond unlike any other.

What Are Employee Loans, And Should You Offer Them?

5 minute read

March 23, 2022

Unfortunately, even well before the COVID-19 pandemic, many Americans were one paycheck away from running out of money. That situation has worsened, with 63 percent of Americans living paycheck to paycheck in December 2020.

The Ultimate Guide to Securing Small Business Grants

5 minute read

March 21, 2022

Finding the right funding option to grow your business can be challenging, and most financing providers will want something in return.

How to Determine if Forming a C-Corporation Is Right for You

5 minute read

March 21, 2022

Starting your own business is an exciting process that requires various decisions. These decisions range from determining what you’ll name your company to whether you’ll hire employees or become a solopreneur.