How to Draft and Execute an Effective Business Plan

Benjamin Franklin famously said, “By failing to prepare, you are preparing to fail.” Whether you are looking to improve your existing business or start a new venture all together, the question you should be asking yourself is, “what’s the plan?” Follow these steps to ensure a healthy and productive plan that is the best fit […]

The Startup Act 2.0 – What it Means for the Small Business Community

On May 22, 2012, U.S. Senators Jerry Moran, Mark Warner, Marco Rubio, and Chris Coons introduced a bipartisan economic growth plan called the StartUp Act 2.0, which is an extension to the original StartUp Act and JOBS Act.  This act works to fix the problem of the United States’ inability to retain foreign entrepreneurs, who could possibly […]

Get Your Franchise Funded — Insights from The Franchise King

Recently, franchising, finance and policy leaders have come together to begin a dialogue to parlay credit access and create jobs. We wanted to catch up with someone dominating the franchise advising space to help keep us on our toes regarding what lies ahead in lending, job creation and economic recovery. Before jetting off to speak at […]

Community Development Financial Institutions Fund: What You Need to Know

Community Development Financial Institutions (CDFIs) are companies, certified by the US Department of Treasury, that offer access to capital to economically distressed communities.  The US Department of Treasury explains, “Through monetary awards and allocation of tax credits, the CDFI Fund helps promote access to capital and local economic growth in urban and rural low-income communities across the nation.”  These companies may be banks, credit unions, […]

Non-Profits Need Access to Capital to Create Jobs Too

The non-profit sector has already created millions of jobs and has potential to add many more.   A study conducted by Lester M. Salamon, S. Wojciech Sokolowski, and Stephanie L. Geller of Johns Hopkins University, showed that in 2010 the non-profit sector had a total of 10.7 million paid workers [*.pdf] coming close to other industries, such as manufacturing at 11.5 million workers. […]