Small businesses have a huge impact on the economy. According to the U.S. Small Business Administration, there are 30.2 million small businesses, and they make up 99.9% of businesses in the nation. Business owners help create jobs and provide needed services in their local communities. Want to join the ranks of small business owners yourself? If … Read more
Using data from the Census Bureau, LendingTree researchers estimated the average startup costs for businesses in a wide range of industries. Most business owners (21%) launch their venture with less than $5,000. But initial costs could exceed $3 million, depending on industry and other startup factors. Our findings include both average and median costs to start … Read more
For entrepreneurs, there’s no such thing as a summer slump. In fact, long, hot days are perfect for researching, planning and executing new business ideas (provided there’s an air conditioning unit nearby). But if you want to get something off the ground before September, you’ll need to act fast. Here are 10 businesses you can … Read more
Husband and wife team Rick and Jari Searns, of Williamsville, N.Y., have been entrepreneurs for almost their entire working lives — roughly 45 years. They have successfully launched and sold three staffing companies, one of which was an Inc. 500 company, and co-founded and currently own two marketing companies. They founded RestMark in 2013, spent … Read more
“Dear Steve, I had some bad luck in small business and had to use my credit cards and now I am about $50,000. in debt. I have very little income coming in right now and have about 3 months of cash left to pay the mortgage and monthly bills. I want to pay my bills,but … Read more