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  • February 14 celebrates a day of love and commitment. It’s not only Valentine’s Day – it marks the beginning of my second year leading the SBA. And I feel more committed than ever to doing what I love – helping America’s 30 million small businesses succeed.Small...
    SBA News and Views - February 14, 2018
  • As individuals we spend years establishing, managing and protecting our good personal credit ratings. With strong personal credit, access to favorable interest rates and terms when applying for credit and financing may be available at the stroke of a pen.When you have the ability to obtain...
    Industry Word - February 09, 2018
  • Nepotism—the practice of using power or influence to favor relatives—has a poor connotation. However, when it comes to your business, it may just be a great idea, especially in today’s environment. Here are 5 reasons why.1. Talent in a tight job marketWith unemployment rates at...
    Industry Word - February 06, 2018
  • Entrepreneurship is part of African Americans’ history… and future   Damon Hopson wasn’t sure his professional cleaning company, Consultant Services, Inc., could remain in business when his clients were past due on invoices, but an SBA-guaranteed loan in 2007 helped him...
    SBA News and Views - February 05, 2018
  • There are dozens of ways your small business can advertise—but for many consumers, television still holds the most sway. In fact, a recent survey reports TV ads are more trusted and more likely to influence purchases than any other advertising medium.The poll of more than 1,000 consumers...
    Industry Word - January 31, 2018
  • February 11 is "Don't Cry Over Spilled Milk Day." What better time for entrepreneurs to come to terms with the fact that setbacks happen—and that wallowing in them serves no productive purpose?Along with the elation of meeting business milestones, moments arise when not...
    Industry Word - January 31, 2018
  • The U.S. Small Business Administration’s (SBA) Historically Underutilized Business (HUB) Zone program helps small businesses in urban and rural communities gain preferential access to government contracting opportunities. If your business is located in an area where business development and...
    SBA News and Views - January 25, 2018
  • What do you think of when you hear the phrase “business plan?” Does that bring to mind a formal document that starts with a summary and includes modules describing your business’s products, market, strategy, team, and essential projections? If so, let me introduce you to the...
    Industry Word - January 23, 2018
  • When it comes to online advertising, there’s a powerful technique called “retargeting.” On Google Adwords the approach has another name. Google calls it “remarketing,” but no matter what you call this method, it can be a game changer.Retargeting enables you to...
    Industry Word - January 19, 2018
  • In this post, I’m going to teach you 5 things you need to do before you start searching for a franchise to buy.In this case, preparation is key.In other words, the time to get all your ducks in a row is before you start your search...not during your search.5 Things To Do Before You Start Your...
    Industry Word - January 18, 2018

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