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Does International Competition Hurt or Help US Manufacturing Small Biz?
Many have being asking this question. While most all accept the notion that we are in a global market place, and to play, we must think and act globally, trying to understand what the impact of international competition for small biz has been somewhat challenging to understand as it relates to his or her business development. A new study from the Small Business Administration's Office of Advocacy outlines somes of the issues and answers to this question. According to this report, not surprisingly, shows that the changes in exchange rate affect the smallest of manufacturers -...
Rated 4 of 5
Surviving Recessionary Blues In A Shakey Economy
With last weekend's news on the Bear Stearn's meltdown, many small businesses are rightly concerned about how to best protect their business and personal assets. Added to this, elections, other market corrections, the US dollar getting beat up by the Euro and you may be reaching for an...
Rated 5 of 5
In's and Out's of Venture Capital
With the push underway to create new industries in Ohio, the bar has been lowered for smaller businesses and eager entrepreneurs with a great innovative idea to get into the venture capital game. Historically this more sophisticated form of financing was primarily reserved for companies with...
Rated 5 of 5
Port Authority Reaches Out to Fund Smaller Projects
You're in the market to finance construction, land and building acquisition, facility improvements or maybe major capital equipment. You'd like to look at funding sources other than just your bank. Consider talking with the Cleveland-Cuyahoga County Port Authority's...
Rated 5 of 5
Passport to Export Financing
Small businesses interested in opening or further developing new markets overseas for their products and services, while reducing their risk, have many options available. Ohio has deep expertise in global trade and is the sixth largest exporting state in the United States. The state of...
Rated 5 of 5
Negotiate Better Deals Before You Need Money
It is vital that your business is able to access capital funding whenever it needs it. If you have a good track record and have been paying your loans back on time, but now find yourself jumping through hoops for your lender, it may be time to start shopping around - before you really need the...
Rated 5 of 5
Prepare Loan Requests Like the Pros to Access More Capital
The best approach to take advantage of the available funds if you are requesting a significant increase in credit is to prepare a complete loan package, prior to meeting with a lender and submitting your credit request. Consult with your financial advisors and take control of the credit...
Rated 5 of 5
Know the Signs of Lender Fatigue
Annually many banks assess how profitable their individual client relationships are to the bank, their shareholders and their ratings on Wall Street. In many cases, these audit reviews are conducted by your relationship manager when your company's line of credit is up for renewal or when...
Rated 5 of 5
De-Mystifing National Institutes Of Health Small Biz Grants
Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, managed by the National Institutes of Health (NIH), are federal financial grants targeted for small business. NIH's mission is to improve human health through biomedical and behavioral...
Helpful Tips for Start Up Businesses
Below is an Excerpt from: How to Change the World" from Guy Kawasaki's Feed Blitz "How To Change The World." This is a very realistic overiew of what really happens with many start ups. Great advise. Great reading! Marsha Powers Financial Models for...
Rated 4.66667 of 5
SBA 504 Guarantee Fee Eliminated
Commencing October 1st, the up-front Small Business Administration (SBA) Guarantee fee, ranging to up to 1/2% of the loan is being eliminated. This one-time engagement fee historically has been paid by the borrower. Fees the particpating bank normally charges, paid on the first mortgage...
Rated 5 of 5
State to Pump $500 Million into Small Biz by Reviving Link Deposit Program
SEPTEMBER 12, 2007 CORDRAY REVIVING TREASURY'S ECONOMIC DEVELOPMENT PROGRAM In hope of growing the state's economy, Ohio Treasurer Richard Cordray...
Rated 5 of 5
