Insights into the world of small business lending and development

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Venturize is excited to announce a new partnership with CO.STARTERS, a network that helps communities build thriving entrepreneurial ecosystems by equipping them with strategy, tools and resources. You can now find their locations on our resource map. Kamiya and Tess are just one of many success stories to come out of a CO.STARTERS program, and you could be their next.

Denver student Kamiya Willoughby is challenging preconceived notions about a popular type of food that is often construed as unhealthy and unsophisticated. 

“Soul food is a legitimate cuisin...

This post originally appeared on the blog of our partner, CAMEO

Women-owned businesses with revenues between $250,000 and $5 million struggle to find the loans they need to grow their businesses – that’s according to a new survey of women business owners about their capital needs by Invest in Women Entrepreneurs Initiative (I-WE).  Thus, an undercapitalized group of successful and established women entrepreneurs don’t have access to the financial tools they need to grow their businesses, create jobs, and contribute to our country’s economic output.

 

This is the first post in our new series about how you can turn your dream of owning a small business into a reality. Check back each week for new posts.

Congratulations! You have a great idea for a new business and want to start your journey as an entrepreneur. But starting a business can seem like a daunting task and you might need some help figuring out if you’re ready to turn your idea into a reality. Read on for tips to help you determine if your business idea has legs.

Validate your idea

Before spending any money on starting a business, do your homework....

This post originally appeared on the blog of our partner, CDC Small Business Finance.

If you’re on the hunt for a small business loan, how much you’ll pay in interest for affordable financing depends on several financial moving parts, from your credit score to the type of lender you work with.

Instead of going to a traditional bank, you can opt to get a business loan through a community-based lender where loan requirements are not as strict and rates are affordable. Interest rates vary from community lender to community lender. At CDC Small Business Finance, as...

This post originally appeared on the blog of our partner, Nav.com. 

Leslie Saul & Associates, Inc. is an architecture and interior design firm based in Cambridge, Massachusetts that primarily services the greater Boston and Miami areas. The business focuses on renovations including offices, restaurants, retail stores, senior living facilities, private homes, universities, churches, and synagogues, among many other building types. Founder Leslie Saul says that having such a broad practice has helped her maintain a business for more than 26 years. Additionally, her attention t...

In celebration of our new partnership with America’s SBDC, Venturize co-hosted a Twitter chat during National Small Business Week to talk about the top tips and resources to help small businesses and aspiring entrepreneurs become loan ready. We were happy to be joined by our friends at Intuit QuickBooks, the New Jersey Business Action Center, Small Business Majority, BIGG Success and BizBuySell. There were also a number of SBDCs that participated, including the Arkansas Small Business and Technology Development Center, New York SBDC, University of Minnesota Center for Economic Development a...

This is the second post in a series on the basics of small business finances. Check out our first post on small business bank accounts, and stay tuned for future posts in this series, including information about bookkeeping.

Hopefully, you’ve read our first post about navigating your small business finances and learned why it’s important to open a small business bank account to keep your personal and business accounts separate. Just like with bank accounts, a small business credit card is an important component of establishing good financial practices for your small business.

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This blog was originally posted on the website of Small Business Majority. 

In honor of National Small Business Week, we asked several members of our national Small Business Council to share their expert advice on starting and running your own business. 

Our panel includes

Harland Henry: CEO and founder of SunBiz Showcase Alliance, an economic and community development advocacy company focused on the development of small enterprises based in Tampa, Florida. 

Jessica Jolly: Founder of ALT-Enter, a Chicago-base...

This post originally appeared on the blog of our partner, Justworks.

It should go without saying that most job seekers want a quality benefits package to pair with their job offer. But which employee benefits are the most desired, and how can your company keep pace with the bigger guys?

Justworks conducted an original study* to answer that question.

Below, find out about the gaps between what employers offer and what prospective employees want — and the big opportunities available to growing businesses.

Finance 101: Understanding the building blocks of good credit

This is the fifth post in a series on the basics of small business finances. Check out our posts on small business bank accounts, small business credit cards, accounting software and building wealth. Stay tuned for future posts in this series.

After setting up the basics of your small business finances, like opening a business banking account or choosing an accounting system, you may be thinking about taking out a loan. Unfortunately, most banks view small business loans as a risky investment. O...