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A business owner sitting at a table counts piles of money from a grant she's won

Small Business Financing 101: Small Business Grants

Too many people tell small business owners that they can't attain grants. But the truth is that there are quite …

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Two owners, talking to others, are finding buyers for their business.

Finding Buyers: Who’s Looking for a Business Like Yours?

Every day, groups of people search for businesses to buy. Many do this to achieve their goals of entrepreneurship, expand …

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A person interviews a vendor using the questions provided here for her supply chain needs

How to Interview Vendors and Suppliers for Your Business

If the success of your business depends on inventory, parts, inputs, or other entities’ products, you'll vendors and suppliers who …

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A couple seated in a restaurant hold a loyalty card

Solution Finder: Restaurant Loyalty Programs

You can wow your guests with a great meal, great setting, and a great experience, but getting them to come …

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A restaurant manager uses shift scheduling systems on her computer to ensure coverage.

Solution Finder: Restaurant Shift Scheduling Systems

One of the biggest headaches of running a restaurant is employee scheduling—and reconfiguring shifts as changes occur. Fortunately, app and …

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A lender holds a stamp of approval for a small business term loan.

Small Business Financing 101: Term Loans

Loans are one of the most common sources of capital for small business startups. For your venture, you might consider …

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An interviewer shakes hands with an applicant while working to hire for a small business

How to Hire the People Who Will Make Your Small Business a Success

Will your idea succeed? The answer can depend on the people you bring on board. That's why it's vitally important …

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Two professions form a partnership to start a business.

Tips for Forming a Partnership to Start a Business

It can be expensive to start a new business. Partnering with another person can be a great way to cover …

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Multiple excavators in a row are an example of the assets a business can borrow against with an asset-backed loan.

Small Business Financing 101: Asset-Backed Loan

There are many ways to finance a business. One that few business owners consider is an asset-backed loan, an option …

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A person sitting in a creative office smiles while thinking about how to raise capital

Your Go-to Guide to Raising Capital for a Startup

Real estate, equipment, inventory, technologies, wages, and insurance are some of the many costs you’ll need to cover when starting …

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A woman with hand-drawn wings represents an angel investor

Small Business Financing 101: Angel Investors

Angel investors are individuals or networks of people who want to find and invest in new, small, or growing businesses …

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A person completes forms to acquire the small business licenses that are needed to run a business

Small Business Basics: Permits and Licenses

Do you need a permit or license to run your small business? You might, depending on your line of work, …

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A person holds a credit card she obtained for business expenses.

Small Business Basics: Sign Up For a Business Credit Card

Obtaining a small business bank account is important, but you should also get a business credit card to track your …

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A person shakes hands with a registered agent

Why You Might Need a Registered Agent

Most businesses are required to register in the states or territories where they'll conduct “business activities.” These activities might include …

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A person uses her phone for online ordering at a restaurant

Solution Finder: Online Ordering for Restaurants

A great way to grow your restaurant's sales is to offer online ordering. You can certainly set up your own …

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A person sits at a diner table and starts to design a website for her restaurant

How to Design a Website for Your Restaurant

Your customers will want to know who you are—and what you serve—before they'll be willing to give your restaurant a …

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A representative provides great customer service.

Improve Your Customer Service Processes

Great customer service is one of the best, most important ways to differentiate your business, and fortunately, there are lots …

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A person holding a pen works on writing a business plan for her new restaurant

Write a Business Plan for Your New Restaurant

When you apply for financing for your new restaurant, your lender may ask you to submit a business plan along …

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A person holding a calculator is evaluating the price of a business he is considering.

How to Evaluate the Price of a Business

Looking for a business to buy? Once you find one and pour through its documents, financials, and records, you'll need …

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Two people bump fists as they work through a seller financing arrangement

Why Seller Financing Can Be a Great Source of Capital for an Acquisition

Seller financing is often a great option for covering the costs of a business that's for sale. Sometimes called a …

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A person is try to write a great posting on a computer

Why You Should Spend Time Writing a Great Job Posting

When you post a job, you’re presenting your business to a wide pool of candidates for the very first time. …

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A person sits on the ground outside with a computer in her lap, working as an absentee franchise owner

Can I Be a Franchise Owner Without Working Onsite?

Most franchises ask owners to work a minimum number of hours onsite each week. Many want their owners to commit …

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A person sitting at a design thinks through his website design strategy.

How to Design Your Website to Amplify Your Brand

Your business’s website is one of the most important tools in your arsenal. Once a tool to list the products …

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Two people exchange a credit card while using a POS system at a small business

Solution Finder: Online Point-of-Sale Systems

Virtually every business needs a system to collect payment and track sales. New point-of-sale (POS) systems are robust tools and …

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Employee scheduling can be a much simpler process with new digital tools.

Schedule Smarter: How to Staff Your Business to Save Costs and Minimize Stress

Employee scheduling can be a manager’s nightmare, but it’s a must-do task. Here's why. It can help you take on …

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The costs of a franchise unit can be covered with an SBA loan.

Finance Your New Franchise with an SBA Loan

If you plan to buy into a franchise, you may be wondering about the SBA loan program you can use …

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A small business owner sits at a desk working on writing an employee handbook

Why You Need an Employee Handbook for Your Small Business

Your small business employee handbook outlines the rules and expectations you, the employer, have for your team members. Your handbook …

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A business professional climbs an line-drawn staircase to emphasize how small business loans can help people climb to higher tiers of success.

How to Use Loans and Lines of Credit to Help Your Business Grow

After covering startup costs, many owners struggle to find the working capital they need to go after new opportunities or …

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A red apple lays in a pile of green apples to signify how important it is to set your business apart

Brand Differentiation 101: How to Set Your Business Apart

It can be tough for customers to distinguish between your brand and another, especially when the price points, products, and …

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A team of people celebrate when hearing about their small business benefits

Small Business Benefits: Your Guide to Getting Started

One of the best ways for your small business to attract and retain an employee is by offering them benefits. …

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Risk scares a group of business buyers.

Too Much Risk: The Parts of Your Business That Will Scare Off Potential Buyers

Many prospective business buyers are risk-averse. They’re quick to spot the threats, red flags, and uncertainties that could impact a …

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A seller and a business buyer work through a seller financing arrangement.

Smart Play: Seller Financing

Lots of sellers exiting a business are doing so in a smart way. They're selling their business to qualified buyers, …

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A person looks at a computer and talks on the phone to secure offers from qualified buyers

Six Must-Haves to Secure Offers from Business Buyers

More investors than ever before are eager to buy reputable, high-performing businesses with proven records of success. But what’s attracting …

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A person wearing an apron leans over a counter while looking at a phone and reads up on how to get his business ready to sell

Avoid These Mistakes When Selling Your Small Business

Wondering how to get your business ready to sell? It's our go-to move to recommend this free checklist. But before …

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A business owner tries to negotiate to sell his business to an interested buyer

Maximize Your Sales Price: The Practices and Negotiation Strategies You Need to Master When Selling Your Business

Virtually every small business seller has the same goal: to sell their business quickly to a competent, capable buyer and …

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A prospective buyer sits facing a seller, attempting to negotiate to buy a business

How to Negotiate to Buy a Business

Once you’ve found a business that meets your criteria and you’ve vetted it with your accountant and attorney, you'll start …

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Two prospective buyers negotiate a lease to buy arrangement with a seller

Lease-to-Buy: Could It Work for Your Acquisition?

There are lots of ways to finance a business acquisition. Few prospective business owners consider lease-to-buy, an option that can …

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A manager practices strategies to motivate his employees

Motivate Your Employees with These Simple Practices

You’ve likely heard the statistics on employee engagement in the workplace. Or, you may have had your own struggles rallying …

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A person sitting at a desk plans to change his business structure

Consider Changing Your Business Structure

When you formed your business, you may have pictured what your business could become and chose a business structure that …

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A person sitting at a table listens patiently on the phone while attempting to collect business receivables.

Manage Your Business: How to Collect Your Business Receivables

Looking for better strategies to take on your small business debt collection needs and collect overdue business receivables? In this …

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A business owner standing in front of her business thinks about selling it on her own, without relying on a broker.

When You Can Sell Your Business Without a Broker—and When You Really Shouldn’t

Selling your business alone is no easy feat, but with the right amount of research and an eager commitment to …

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An HR manager conducts exit interviews with employees

Exit Interviews Matter

When one of your employees leaves by choice or force, it’s important to conduct an exit interview to examine why …

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A variety of utensils and equipment are shown in a restaurant kitchen

Your Go-to Guide to Equip Your Restaurant Kitchen

When you're starting a restaurant, you'll need to set up your kitchen with tools and equipment so your team can …

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A business buyer connects with two business owners to buy a business that's not for sale

Buy a Business That Is Not for Sale

If you're an aspiring entrepreneur who wants to buy a business instead of starting one from scratch, you likely know …

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Find a manufacturer with a facility large enough to grow and scale to meet your needs.

How to Find a Manufacturer for Your Products

If you decide to outsource production, you’ll need to find a manufacturer that can meet your timelines, standards for quality, …

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A store owner turns an open sign for her grand reopening celebration.

Grand Reopening: Create the Hype You Need to Make Your First Day a Success

Closing on your new business is a major achievement. Celebrate it by planning a grand reopening event that reintroduces your …

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A empty storefront that could be acquired by owners who choose to lease or buy the site

Lease or Buy a Site: How to Make the Right Call for Your Small Business

Location is a factor you can’t afford to get wrong. As a new owner, it's important to spend time assessing …

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A storefront that may be one element an owner should consider when developing a plan for financing a franchise

Your Go-to Guide to Financing a Franchise

Franchise fees, real estate, equipment, and inventory are some of the many costs you’ll need to cover when starting a …

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A person holds and reviews a commercial lease for a business property

Your Go-to Guide to Commercial Leases

If you choose to rent a storefront or commercial property for your business, you may need to sign and abide …

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Two people bump fists as they work through a seller financing arrangement

Why Seller Financing Can Be a Great Source of Capital

Seller financing is often a great option for buying a business. Let's dive into what it is and why it …

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Vans are part of a small business's fleet finder program.

Solution Finder: Fleet Management Systems

It isn’t easy to oversee a fleet of vehicles—or the drivers who operate them. Your carefully planned schedules can change …

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A small business accountant holds a calculator

Thinking of Hiring an Accountant? Start Here.

Every business has accounting needs. There are financial standards, valuations, and tax concerns to keep up with and work through. …

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Without a debt consolidation plan, credit cards and loans can overwhelm your business

What You Need to Know About Debt Consolidation Loans for Your Business

Business debts can build up. With high costs of startup, ballooning operating inputs, economic fallouts, and other expenses, it can …

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Three people work together to form a business strategy

Your Go-to Guide to Creating a Business Strategy

No matter where you are in your ownership journey, you must know how to create a business strategy—and actually put …

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A person sits happily looking at a computer after watching his business credit score improve.

Build Your Business Credit Score with These Simple Steps

Lenders, creditors, suppliers, and insurance companies may be looking at your business credit score. Why? Often, it's to check on …

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An owner of a small business sits at a desk reviewing a terms and conditions document

Setting Up Terms and Conditions That Will Protect Your Small Business

Does you need terms and conditions for product use, services, your websites, or other parts of your small business operations? …

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A person holds a magnifying glass to review the terms of their vendor contract without a checklist

How to Review Vendor and Supplier Contracts

Your business may depend on numerous vendors, suppliers, and distributors who have unique policies, procedures, and practices. Before signing agreements …

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A team of people look at a computer monitor that lists the security threats facing their business.

Safeguard Your Business from Modern Security Threats

Security threats to businesses have evolved. Five years ago, network security was mostly a function to keep hardware assets operating …

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Solution Finder: Internet Security

Every day, businesses—big and small—are hit by viruses, hacking attempts, and phishing attempts. The costs to undo the damages they …

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A business is preapproved for financing

Pro Tip: Have Your Business Preapproved for Financing Before Marketing Your Sale

It can be a tedious process to sell your business. One way to speed it up is to get your …

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A startup lawyer meets with a small business owner.

Every Small Business Needs an Attorney. Here's Why.

An startup lawyer can be an invaluable member of your team, especially as you work through the complex parts of …

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A business person wears a green leaf in his lapel to support an initiative.

Why You Should Consider Aligning Your Business with Initiatives

More than ever before, customers are putting their dollars behind business entities that engage in fair, ethical practices, take stands …

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A person sitting at a computer decides whether to invest in a distressed business.

Should I Buy a Distressed Business?

You can find distressed businesses in every industry. Some can be great opportunities, especially if they can be bought for …

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Two people sit at a desk discussing buy-sell agreements

A Primer on Buy-Sell Agreements and Buy-Sell Insurance

Are you a co-owner or a partner in a small business? If so, you might consider buy-sell agreements or a …

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A person sitting a desk with a pen and portfolio considers whether to transfer the ownership of a business to a trust

Transfer the Ownership of Your Business to a Trust

As a business owner, you know how important it is to have a plan in place for your business. You …

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A business owner sits at a desk with a computer, thinking about strategies to reduce estate taxes.

Strategies Every Business Owner Should Consider to Reduce Estate Taxes

As your business grows, it's likely you'll start thinking to the future—to the sale of your business and to the …

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A chef looks ahead to his succession planning process for his small business and its future owners.

Succession Planning for Small Business Owners

Owners who are the lifeline of their companies often have all the knowledge and connections their businesses need to thrive. …

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The hand and pen of a person selling a tax form are shown

How to Reduce Your Tax Liability When Selling Your Small Business

Taxes are an important factor in the sale of any small business. Here's why: Proceeds owners receive from the sale …

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An approved stamp is used on a patent or trademark application

What You Need to Know to File Your Business’s Patent and Trademark Documents

If you’ve developed a unique product or a design, you should take steps to protect it. Filing for a patent …

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A person sitting at a table using a computer is on the phone, starting the acquisition process

Starting the Acquisition Process: The Right Ways to Connect with an Owner

Ready to take on the small business acquisition process? Your research, conversations with key industry players, and searches on business …

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A person holds a pen and a magnifying glass to evaluate a business for acquisition

Preliminary Due Diligence: How to Evaluate a Business Before Buying It

It can be exciting to find a small business that meets your criteria for acquisition. But do you know how …

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A coffee shop owner works with her equipment.

Your Go-to Guide to Equip Your New Coffee Shop

Thinking of opening a coffee shop? You'll need to set up your space so your team can create delicious drinks …

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A factory worker engages in practices to optimize production

Best Practices to Optimize Your Production Line

Want to build smarter products, realize cost savings, or remove complexities? In this article, we share some of the best …

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Manufacturing standards can be set to improve the efficiency, safety, and sustainability of your manufacturing floor.

Incorporating Manufacturing Standards in Your Production

Manufacturing standards can help your business produce products in the most efficient, safe, and sustainable ways possible. Designed well, your …

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A person sitting at a desk looks through documents as he considers buying a distressed business.

Is a Distressed Business a Good Opportunity?

Distressed businesses exist in every industry. Some can be great opportunities, especially when they're purchased for a low price and …

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A business owner completes paperwork for a term loan.

Term Loans for a Business Acquisition

When it comes to funding a small business acquisition, loans are one of the most common sources of capital. Many …

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There are strategies to keep in mind when paying your business broker.

Points to Keep in Mind When Paying Your Business Broker

Brokers play an important role in the sale of your business, and most are compensated when the work is complete. …

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People standing in a warehouse hold tablet computers that run inventory management systems

Solution Finder: Inventory Management Systems

Looking for real-time inventory visibility? There are lots of inventory management systems that can help you track what you have …

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A person sitting in a creative office smiles while thinking about how to raise capital

Your Go-to Guide for Financing an Acquisition

Have you thought about taking out a loan to buy a business? Many owners do. There are lots of loan …

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A person looks down at a binder on a desk to plan how to collect money owed to a business

Strategies to Collect the Money Your Business Is Owed Before Closing Your Doors

When you’re closing your business, one of the most important steps you should take is claiming your business’s outstanding accounts …

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A person works with others to fulfill a post-sale training commitment

The Role You Might Play in Post-Sale Training and Support

When you transfer your business to a new owner, one of the terms of your sale may be to provide …

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A keyboard with a yellow shopping button provides an easy way to access a business's e-commerce platforms.

Solution Finder: E-commerce Platforms

If you’re considering selling products or services online, you need an online storefront that lets shoppers find your business, compare …

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A person carries a stack of folders that may be useful in helping a business buyer complete the due diligence process.

Assist the Buyer of Your Business Through the Due Diligence Process

Before making an offer for your business, most buyers will ask for a period of due diligence. This block of …

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Venture capital professionals shake hands with a business owner

Small Business Financing 101: Venture Capital

When you’re looking into financing options for your small business, you may wonder whether venture capital should be part of …

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A life preserver floats in water, representing the importance of the protection afforded through small business insurance

What Kind of Insurance Do I Need for My Business?

Have you thought about the types of insurance your business will need? If you haven't, take time right now to …

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A person sitting at a desk grapples with the question, which franchise is right for me?

Assess Your Skills, Interests, and Goals Before Searching for a Franchise Opportunity

If you're like many aspiring business owners, you know the benefits of opening and operating a franchise unit. But you …

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Attendees listen to a speaker during a franchisor training session

Franchisor Training: What to Expect

After signing your franchise agreement, you can enroll in franchisor training. This is a program your franchisor may offer to …

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A storefront that could serve as a franchise location

Location Can Be the Make or Break Factor for Your Franchise's Success

Most franchisors provide their franchise unit owners with a territory in which they can own and operate a business. For …

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A franchise unit owner works with a loan officer to obtain a loan for construction

How to Attain Financing for Franchise Construction or Renovation

There are many costs to starting a franchise unit. After the franchise fee, one of the most significant costs is …

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A person with a computer works through the due diligence process to buy a franchise

Considering a Franchise? Here's How to Make a Smart Call.

Thinking of owning a business? Franchises make it easy, but it's risky to go after any opportunity without some careful …

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Two professionals sitting in front of a computer try to update their business's logo.

It May Be Time to Update Your Business’s Logo

Over time, some logos grow stale. This is especially true for logos that lean heavily into a design element that’s …

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A person sitting at a restaurant table uses her tablet to explore loans.

Restaurant Loans and Other Ways to Raise Cash

Real estate, equipment, inventory, technologies, wages, and insurance are some of the many costs you’ll need to cover when starting …

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A life preserver floats in water, representing the importance of the protection afforded through the insurance that's needed for a small business

Small Business Basics: Insurance

Have you thought about the types of insurance that are needed to protect your small business? If your business is …

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Follow these expert tips before you accept an offer for your business.

Three Quick Tips Before You Accept an Offer for Your Business

If you’ve received an offer to buy your business, you might be eager to sign off, cash out, and move …

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A close up of an office phone

Solution Finder: Office Phone Solutions

For many businesses, phone calls are one of the first points of contact with customers. Few spend time thinking of …

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A business owner shows excitement after applying practices to increase her site's conversion rate.

Strategies to Increase Your Conversion Rate

Online presence drives sales for nearly every business, but having a site, a social media page, and Yelp reviews isn’t …

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A person creates a process diagram to include in her business's licensing presentation

Consider Licensing Your Product or Process

Has your company developed a product or process that’s innovative, patentable, and useful to other businesses? Think about licensing it—especially …

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A person dials buttons on a phone to connect with members of an exit team

Form Your Exit Team

When you’re closing your business, you’ll need to work through some legal, tax, and procedural concerns that can be overwhelming. …

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A person looks at a computer to learn more about an idea to buy a second business

What You Need to Know to Buy a Second Business

Want to buy another business? Many owners are making this smart move to grow and scale their current business, reach …

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Two post office boxes demonstrate one of the options you have for setting up a mailing address for your business

Small Business Basics: How to Attain a Mailing Address for Your Home-Based Business

Do you need a separate mailing address for your business? Many small business owners say yes. That's because there are …

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