Metro® by T-Mobile—formerly MetroPCS—dealers enjoy a growing market in the world of prepaid, zero-hassle cell phones. With a strong brand and fast-growing customer base, a Metro® by T-Mobile franchise can be an opportunity to make serious money in a highly competitive environment. Getting started [. . .]
Read More →Reaching an almost limitless potential market is no longer a pipe-dream, thanks to the emergence of mobile apps. Regardless of your line of business, you can create an app that is a shop window to whatever products or services you aim to provide. Launching an app-based business is risky—your shop front [. . .]
Read More →Who hasn’t daydreamed about opening a small craft brewery with their friends? While the reality of starting a business from scratch can seem intimidating, it is still a worthwhile effort. The brewing industry is estimated at $22.2 billion in retail sales, so the venture can turn out quite lucrative. [. . .]
Read More →Starting a new business is both exciting and frightening since it requires you to dip into your personal savings to finance the launch. For that reason, it is best to come up with an itemized list of one-time and recurring expenses to help you prepare. In this article, we break down the expected salon [. . .]
Read More →SBA reports that Minnesota has more than 500,000 small businesses, making up 99.5% of all businesses in the state—which means the competition for loans is stiff. The North Star State is a fertile ground for small businesses, and there are several loan types available, but not all of them will meet [. . .]
Read More →Wisconsin’s economic health is firmly tied to the success of its small businesses. According to the SBA, companies with fewer than 500 employees make up 99.4% of Wisconsin's businesses. Many government- and bank-sponsored small business loans are available to finance your enterprise. We will show you [. . .]
Read More →A sole proprietorship is the simplest way to set up a business—ideal if you are an entrepreneur who doesn’t want to be encumbered with complex business models and structures. In business, everything you do comes at a cost —the free lunch is a myth. From equipment purchases to renting and maintaining [. . .]
Read More →Wells Fargo is well-known for its favorable small business loan policies. If you intend to apply for a loan there, you need to prepare beforehand. What are the requirements for Wells Fargo small business loans? How many types of loans do they offer? We have answers to all your burning questions! DoNotPay [. . .]
Read More →Usually, small and medium scale businesses turn to banks when applying for small business loans to cover their expenses. Now, more and more business owners are gravitating towards credit unions for their financing needs. What are credit unions, and how do they help with funding? DoNotPay has all the [. . .]
Read More →You have to spend money to make money—economics 101. What do you do when you do not have the money to spend? That does not mean you should give up on your entrepreneurial endeavor. Small business loans can help you get the capital you need to cover business expenses or expand your company. We will [. . .]
Read More →Qualifying for a small business loan might seem daunting, but this article explains everything you need to know about small business loan qualifications and the ways to apply for one without breaking a sweat. Our platform can provide an easy solution to your problems— use DoNotPay to write a loan request [. . .]
Read More →Ice cream stores across the U.S. command a market size of six billion dollars, and the industry is expected to keep growing in the foreseeable future. Both ice cream parlors and trucks are in high demand in neighborhoods and tourist spots, but what is the initial capital requirement for such shops? Before [. . .]
Read More →A lot goes into choosing the most suitable small business loan, including the loan type and terms. This article provides the ultimate guide to the small business loan terms and tools that you can use to qualify for a loan without breaking a sweat. Use DoNotPay to write a loan request letter and increase [. . .]
Read More →Ever since the pandemic, more and more businesses have fashioned websites to become alternative sales and marketing channels. This has triggered a rise in startups where goods and services are offered via website only. When analyzing website startup costs, you need to consider the various functionalities [. . .]
Read More →Starting a Subway startup can be a neat shortcut to opening a thriving small business. With a low cap on the initial investment, negligible marketing expenses, and readily available inception support, you can start making profits right away if you plan well. If you are evaluating Subway startup costs, [. . .]
Read More →Tech startup is a blanket term used for a business of creating or manufacturing a wide range of goods and services like electronics, hardware, software, AI, and other products related to the technology industry. If you are looking into tech startup costs, you need to understand the logistics of the specific [. . .]
Read More →If you are planning to build a cinema house up from scratch, know that it is a game of massive investment. In the post-pandemic world, movie theater startup costs include new elements, like business disruption insurance and advanced air filtration systems. We have prepared this guide to give you an updated [. . .]
Read More →The male grooming industry has witnessed pivotal growth over the past decade. With a significant uptick in the demand for professional aestheticians for men, now is a good time to kickstart a barber shop. The barber shop startup cost can range anywhere between $80,000 and $200,000, depending on your [. . .]
Read More →To make a significant investment in your business, you need a way to finance it without making a huge dent in your budget. One way to do that is by applying for a small business term loan. We offer the ultimate guide to how small business term loans work and how to request one without a hassle. In case [. . .]
Read More →If you lack the funds to keep your operations going, applying for a small business loan is an effective course of action. This type of financial aid is a viable choice for up-and-coming entrepreneurs struggling to cover short- and long-term expenses. In this article, we break down the most popular SBA [. . .]
Read More →Opening a new bar or nightclub is a popular venture since they make $25 billion a year. If you want to join in on the profit, you have to prepare a significant budget to cover the startup costs that will be there before any revenue starts coming your way. In this article, we will show you what bar startup [. . .]
Read More →Having a successful restaurant is a lucrative position to be in—the full-service restaurant market in the United States is worth $334.8 billion —but getting there is a difficult quest. Starting a restaurant comes with plenty of startup costs that you will need to cover. Without being able to rely [. . .]
Read More →All companies spend their first several months not making any profit, but that does not mean they have no expenses. Before opening up a gym, you will need to have a sizable budget to cover startup costs and know that you cannot rely on any return on that investment. In this article, we will go through [. . .]
Read More →Do you need additional funds to get over a rough financial patch? In this article, we talk about some of the best banks for small business loans. We will elaborate on the different loan programs (e.g., interest rates, loan terms, and credit requirements ) and explain how to qualify successfully. Find [. . .]
Read More →Small businesses were severely and undeniably hurt by the COVID-19 pandemic, and the U.S. government created relief programs to help the affected businesses recover. One of the relief programs that is still serving small businesses is the COVID-19 Economic Injury Disaster Loan (COVID-19 EIDL). Under [. . .]
Read More →Banks, such as Bank of America, are well-known providers of small business financing solutions. If you need to access capital, you can consider the Bank of America small business credit cards and loans. In this guide, we cover the most important details of the Bank of America loan options for small businesses [. . .]
Read More →The type of loan that you need or can get depends on several factors, such as your credit score and the intended use. Whether you need funding for working capital or expansion, Chase offers several types of small business loans that you can take advantage of. In this guide, we will cover the details [. . .]
Read More →Starting or purchasing an existing franchise isn't cheap. Besides the typical startup costs, you must pay franchise fees—which can range anywhere from $20,000 to $30,000—and regular royalties. Luckily, small business loans for franchises can help you jump over these financial obstacles. This guide [. . .]
Read More →Setting up a business calls for a lot of resources, regardless of the scale. If you lack the funds for your launch, you can turn to lenders for financial assistance. In this article, we take a look into startup business loans—how to qualify, where to get them, and what the best programs are. We also [. . .]
Read More →Access to funding can mean the difference between flourishing and surviving, especially for minority-owned small businesses. Although entrepreneurs from disadvantaged communities own more than eight million businesses in the U.S., they still struggle to secure funding more than other small business owners. [. . .]
Read More →In 2021, there were 63,524 coffee & snack businesses across the United States, creating an $11.3 billion market. If you would like a sip of that cup, you can open a coffee shop of your own, but know that there are many business expenses that come with becoming the next Howard Schultz. In this article, [. . .]
Read More →Regardless of the industry you want to get into, opening a new business is never easy, especially from the financial side. Plenty of startup costs await, and you will need to have a healthy budget to get your company up and running. In this article, we will go over the food truck startup cost and will [. . .]
Read More →When you start a business, you do it to make a profit, but to get to the part when you start making money, you need to spend first. Regardless of the industry, all startups have their initial costs, and they have more expenses as time goes on. In this article, we will cover daycare startup costs and [. . .]
Read More →Small business loans are crucial for growing businesses. They can help you fund startup costs, operating expenses, and equipment purchases. If you operate a business in a rural area, you should consider the U.S. Department of Agriculture (USDA) small business loan. In this guide, you will learn all the [. . .]
Read More →When deciding on which small business loan to choose, you must understand the difference between a secured and unsecured loan. The category you choose will affect your interest rates, payment schedule, and any claims that the lender might have on your assets. Is a small business loan secured or unsecured? [. . .]
Read More →Building a good credit score is of utmost importance for small to medium-scale businesses. Not only will it help solidify your place in the economy, but it can also open doors for funding opportunities. In this article, we explain how to: Establish good credit for a small business Use your credit [. . .]
Read More →The majority of people dream of having a business of their own. You work to create value for yourself, and you have no boss. Having a small business is more than following your entrepreneurial dream—you need to take care of every single detail that comes with running a company. You will need to learn [. . .]
Read More →Regardless of the industry in which you want to begin a business, you have to prepare yourself for high expenses even before you can open up to the public. All startups come with steep costs, and car washes are no different. In this article, we will go through the car wash startup cost and see how large [. . .]
Read More →Running a small business requires a lot of money on a day-to-day basis, which you may not have if you are only starting out. Small business loans allow entrepreneurs to have some breathing space and focus on their business instead of its expenses. How do small business loans work? In this article, we [. . .]
Read More →Having a small business of your own sounds like a great idea on paper, but the headache begins the moment you push yourself away from the employed shore and into the depths of entrepreneurial waters. Startups come with many one-off and recurring costs. If you are new to owning a business, you will probably [. . .]
Read More →Many jump into opening a startup or small business with the idea of having their dream job—doing what they want and being their own boss. What they do not consider is the business aspect of it—having to deal with the paperwork, startup costs, and future plans. Around 20% of all startups go under [. . .]
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