Business Finance Capital Expands with Greater Footprint in the Bay Area Three New Executive Team Members Join the BFC Team in Northern California Business Finance Capital (BFC), is proud to announce the addition of three accomplished professionals to its executive team based in Northern California's Bay area. These strategic hires bring extensive industry knowledge, diverse [...]
In California, are certain counties more friendly to small businesses than others? To pinpoint the areas where small businesses abound, altLINE used Census Bureau data to find the counties in California with the highest concentration of small businesses in 2021, calculated as small establishments per 1,000 residents. Small establishments are defined as those with [...]
In an effort to promote small business growth and provide adequate support to entrepreneurs, the U.S. Small Business Administration (SBA) has released its Strategic Plan for 2022 to 2026. This comprehensive framework outlines the SBA's plans to ensure the equitable, customer-centric design and delivery of programs, build resilient businesses, and implement strong stewardship of [...]
Now is not the best time to borrow money. The economy is going into a recession and some banks have even failed. As interest rates go up, a traditional loan just becomes a worse and worse idea as you run the risk of skyrocketing interest rates and losing your collateral. For many small businesses, [...]
Starting your own business takes lots of courage. Where you register your business can determine how successful your business will be. Some states in the U.S. are better than others when it comes to determining where to locate your business. California is one of the business-friendly states, with 99.8% of businesses in California being [...]
Funding is essential for the success of any business, new or old. Having a reliable source of financing whenever you need to fund a growth project–purchase furniture or equipment, acquire a new facility, improve an existing one, etc.–is crucial for businesses trying to grow or expand. Unfortunately, numerous barriers stand in the way of [...]
As a business owner, your primary ambition is to see your business thrive and grow. While it's a welcome idea, it also presents challenges. You must ensure that it grows fast enough to meet increasing demand but not too fast that you crash and burn. It's a delicate balancing act, and you may find [...]
Small business owners can obtain financing for their businesses and create jobs through the SBA 504 loan program. The program provides an avenue for businesses to gain access to capital while promoting growth and job creation. A loan may be able to offer you the funding you need for your business. Learn how startups [...]
The following in an except from an article published in the Los Angeles Business Journal (Dec 2022) issue. For subscription information, visit labusinessjournal.com. Slowing Surge Lenders are starting to see the first significant drop in demand for Small Business Administration loans from post-pandemic highs, though the volume remains well above [...]
Understanding employee unionization will ensure that you avoid breaking California union laws. This article covers everything a small business owner needs to know about labor unions. What Are Labor Unions and What Do They Do? Labor unions (sometimes called trade unions, labor organizations, or employee unions) are workers' associations that allow employees to collectively [...]
