Welcome to the SCORE Small Business Success Blog, where small business experts and mentors share tips, discuss trends, and provide advice on a wide range of topics affecting entrepreneurs in every industry.
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Choosing the Right Legal Entity to Secure Funding
According to a report in Forbes, The 2021 State of Latino Entrepreneurship Report shows that Latino-owned businesses are growing faster than other businesses in the U.S. However, this good news is tempered by a disparity in how Latino-owned firms were able to raise capital. According to the report, Latino-owned businesses are more likely to encounter obstacles while obtaining the funding needed to start and grow their businesses, despite Latino-owned and white=owned businesses posing a similar credit risk.
11 Funding Options for Black-Owned Businesses
To help Black-owned businesses identify the best funding sources available, we asked CEOs and business leaders this question for their best insights. From the iFundWomen of Color Program to Reign Ventures, there are several options available particularly for Black business owners to secure funding for their businesses.
AAPI Small Business Grants through Reimagine Main Street
Reimagine Main Street is currently taking applications, through July 26, 2022, for AAPI grant applicants. The grant is designed to support AAPI entrepreneurs from challenges they may have faced or are still dealing with from the pandemic.
12 Funding Options for Rural Entrepreneurs
From crowdfunding to state trade expansion programs, there are several funding options for rural entrepreneurs
Is a Recession Coming? How to Prepare Just in Case...
Some people predict a recession is coming, while others dismiss the notion since the nation is essentially at full employment. But many small business owners are worried a recession is looming.
Answers to 8 Commonly Asked Questions About Business Credit
Like many business owners, you may wonder the purpose of business credit.
Eight Facts You Need to Know About Your Business Credit Score
As a business start-up, you’ll quickly discover that potential lenders will look at both your personal and business credit scores when considering your creditworthiness. So why do you have two separate scores? How are they different, and what do you need to know about business credit as you start and grow your company?
Overcoming Financial Challenges for Women Business Owners
Unfortunately, 2021 was not a good year for women business owners. Learn more about the challenges women entrepreneurs faced during this time.
10 Ways to Use Credit to Fuel Your Business
Learn how other entrepreneurs build their credit and fund their businesses.
7 Questions to Ask Before Making a Large Business Investment
Are you prepared to make a big investment for your business? Use these questions to evaluate whether or not you should move forward.
The Requirements for a Small Business Loan
In this post, we’ll delve into some of the essential prerequisites that lenders expect you to fulfill whenever you’re applying for a business loan.
9 Ways Your Business Can Grow Without Venture Capital
From building client relationships to crowdfunding, there are many ways to grow your business without venture capital. Learn other ways to fund your business.