A business credit card can be much more than a convenient way to pay for purchases. These cards can also provide lucrative rewards, superior fraud protection, and smooth out cash flow. According to the Federal Reserve’s 2019 Small Business Credit Survey, 52% of firms with 1 to 499 employees use credit cards on a regular basis.
This spring, small business owners across the U.S. said business was booming, with 59% expecting their revenue to increase over the next 12 months, 67% looking to expand in the year ahead, and 24% planning to hire in that same timeframe, according to our Bank of America Spring 2019 Small Business Owner Report. According to
Growth rarely comes easily. As small businesses expand, they need capital to hire new workers, pursue new projects, and pay off debts. Even companies with good long-term prospects can fold when capital problems create short-term headaches. According to Investopedia, nearly half of small businesses that fail do so because they run out of funding. Owners
Online reviews are my go-to for everything. Whether I’m exploring a new city and searching for a good restaurant, looking for reliable home services, or a new ecommerce store to shop from — I browse online reviews before making a decision. I trust online reviews as much as I trust a recommendation made by a
Small business owners, at every stage of running a business, know that eventually they may need additional capital to help them succeed. It’s fairly common to start a new venture with personal savings, or with loans from family members. But once those wells run dry, the vast majority of small businesses will need to turn
Providing employees with insurance coverage is one of the best ways for small business owners to support their employees. Employees with health insurance are happier, far more productive in the office, and are more likely to stay at a company if they are satisfied with their current benefits. In this digital age, online benefits marketplaces