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Your ultimate move towards established business
November 18th at 5:29pm
Local business owners require money to maintain massive working capital to run their business operation smoothly. Although, there are many types of funding but the eligibility of your required funding is sometimes difficult due to no or less profitability. For newly born businesses, it is hard to manage the budget of business operations, income tax burden and constant cash flow. Therefore, the ultimate solution is availing merchant cash advance that is also termed as a business cash advance. It is a viable option for instant cash flow as it is a lump sum amount of money with no restricted payment…
Avoid This Popular Reason for Business Failure
November 15th at 5:48pm
Lots of businesses fail after operating for only a few years. The last thing that you want to do is to follow in their footsteps and close your doors for good. If you don’t want to shut down any time soon, you’re going to have to work hard to avoid this popular reason for business failure: running out of money. Business Failure Rates According to the Bureau of Labor Statistics, approximately half of new businesses close by the time they reach their fifth anniversary. One-third of them make it to their tenth anniversary. Those are some high numbers! So, why…
Have You Set your Business’ Budget for the Holiday Season?
November 7th at 7:33pm
We’re only a few weeks away from Thanksgiving and over a month away from Christmas. This exciting, yet hectic, time of the year offers many challenges and opportunities for businesses. Have you factored them in to your business’ budget? First Down Funding recommends you to start by setting goals. How much volume of business are you hoping to achieve this holiday season? How much should you spend to achieve the projected volume? You can start addressing these fundamental questions by reviewing the following 5 areas of your business: Marketing The holiday season creates plenty of opportunities for spending on advertising…
2 Ways That You Can Deal with a Poor Credit Rating
November 1st at 5:48pm
A poor credit rating can be a big hurdle to jump over, especially when you’re a small business owner. It can raise cost of working capitals, impose restrictions and flat-out take financial opportunities away from you. The good news is that there are two ways that you can deal with your poor rating: build it back up and find alternative funding opportunities. Consumer Credit Scores There are two types of credit: consumer credit and business credit. A consumer credit score is tied to your personal credit. So, the credit card that you use to pay for your groceries or the…
How Restaurants can Invoke the True Spirit of Halloween
October 30th at 3:12pm
From prepping costumes and running around in them for trick or treats, to attending a holiday bash at your favorite restaurant, Halloween offers a lot of fun for literally everyone. While there is a lot to enjoy from Halloween for the common individual, we think that businesses can leverage this opportunity to make gains as well. Restaurants stand a good chance here to make Halloween all about festivities and deals by having the right details implemented within their outlets. Halloween marketing can be a good way for your restaurant to come out as a people’s brand in your given locality.…
Top Small Business Risks That You Should Look to Avoid
October 29th at 10:43am
Being a small business owner or starting your own business can be quite an exhilarating experience. You have to take many things into consideration, and there is limited room for you to make any errors. Any errors that you make as part of this process would come bite you in the long run and would leave your business short of the aims that you have in mind. Business experts who have started a business in the field that they are passionate about or are interested in, have pointed this out as a challenge of its own. You get to do…
One Way to Expand Your Maryland Business
October 28th at 4:35pm
Your Maryland business is going well. The customers are lining out the door. They’re posting reviews that are positive and recommending your venture to all of their close friends and family members. If anything, it seems like the demand is too much for a single business to handle. The only solution that you can think of is to strike while the iron is hot and expand your operation as soon as possible. How Can You Expand Your Small Business? Business expansion can mean two things. The first version of business expansion is building another location for your store to reach…
First Down Funding supports 53 Families Foundation & Jameel McClain’s Annual Thanksgiving Food Drive
October 27th at 10:27am
First Down Funding provides funding support every day to Small Business Owners in all 50 States throughout the United States. Everyone eats is the First Down Funding motto. Monday November 18th, 2019, First Down Funding will continue to help and support within the 53 Families Foundation Annual Thanksgiving Food Drive. Founded by Baltimore Ravens Super Bowl Champion, Jameel McClain, the 53 Families Foundation will host their Annual Thanksgiving Food Drive at the Joint Force Headquarters – 5th Regional Armory located at 219 29th Division Street, Baltimore, MD 21201. For more information visit 53 Families Foundations official website at www.53familiesfoundation.org …