Uncertainty may be a cause for concern, but when was the last time you were truly in a certain world? Your outlook for 2024 depends on your industry, geography, and the extent to which you trust in the accuracy of Read more
If you’re eyeing the prospect of taking over the business your boss owns, recent changes by the Small Business Administration (SBA) might make your goal more achievable. Whether your boss owns the business outright or you’re already a partial partner, Read more
If you have decided to sell your business in two or three years, you likely need to change some of your strategies to suit this new vision. While your money-saving tactics have gotten you this far, a new approach is Read more
As we enter Q4 and reflect on the year thus far, you’ve undoubtedly had success. Now it is time to contemplate your next business evolution and take the necessary steps to achieve it. Do you have the expertise to navigate Read more
In 2020, Colorado voters approved Proposition 118, opening the doors to a state-run Paid Family and Medical Leave Insurance (FAMLI) program. The program ensures that all Colorado workers have access to paid leave in order to take care of themselves Read more
Part 4 – Five Steps to Success In this 4-part series, we’ve covered the overview of the bank lending process and the first four steps. This final installment covers the fifth and final step, pulling the whole process together for Read more
Part 3 – Providing Detailed Financials and Operating Data History Over the course of this 4-part series, the first two blogs covered the overview of the 5-step process and went into depth regarding the first two steps of the process. Read more
Part 2 – Matching Loan to Lender Part 1 of this series mentioned that the first step to getting a bank to loan your business money is, of course, finding the right lender. This starts with understanding the use of Read more
Part 1 – A Process Summary This is a four‐part series on just what it takes to obtain a business loan and understanding the process you might face in running your business with someone else’s money. Today many businesses are Read more
You have just received a letter of intent outlining the terms of a bank line for your company. Interest rates have climbed quickly, and banks are tightening their credit standards as they await the next recession. You are thinking: is Read more