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Referrals and Fixed Priced Rule IT

In their early stages, small business owners oftentimes act as their own IT departments. But as they grow—and to foster growth—it doesn’t take long before they need to hand off IT-related tasks to a dedicated resource. ...

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Some small businesses are further financed through credit card debt - usually a poor choice, given that the interest rate on credit cards is often several times the rate that would be paid on a line of credit or bank loan. Many owners seek a bank loan in the name of their business, however banks will usually insist on a personal guarantee by the business owner.

In the United States, the Small Business Administration (SBA) runs several loan programs that may help a small business secure loans. In these programs, the SBA guarantees a portion of the loan to the issuing bank and thus relieves the bank of some of the risk of extending the loan to a small business.