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How Do I Qualify For A SBA Loan?

If you're hoping to buy an online business, determining how you'll fund the sale before you begin your search for a business owner who hopes to sell their web business is a wise idea. Experienced website brokers will tell you that obtaining bank financing to purchase an online business can be difficult. Lenders are often hesitant to extend credit for purchasing Internet companies, particularly when there is no major real estate or equipment involved in the sale that can be used as collateral. As a result of the challenges that can come with securing financing for a web-based business, online [...]

Using Your 401k to Buy a Small Business

If you're interested in purchasing a small business, one of the first things you have to determine is how you'll pay for it. Most prospective business owners today do not have all of the capital saved for purchasing a business and must obtain funds from elsewhere to manage the purchase. So where will you get the money? There are many ways of funding the purchase of a small business, and one way that many buyers are managing to secure funds is through their 401(k) retirement plans. Opinions on how wise a decision this is vary widely, so here is a [...]

Top 8 Reasons to Become an Entrepreneur

When the daily grind begins to grind you down, do you find yourself heaving a wistful sigh and wishing you could leave it behind? Do you dream of firing your boss and going into business for yourself? Everyone in the working world entertains these types of fantasies at some point in their lives, but obviously, not everyone is cut out to actually take those steps to go it alone and begin or buy their own business. So how can you be sure whether you actually possess that entrepreneurial spirit or if it just a passing flight of fancy? There is [...]

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