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Business Loan vs. Alternative Funding: Which One is More Economical?

Without capital, you can’t finance a business. You can use your own savings to build your capital. But most entrepreneurs either borrow money or get alternative funding. Borrowing money sounds intimidating. You have no guarantee that your business will profit, putting you at risk for defaulting on the loan. However, it’s a faster way to […]

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Risky Venture: Starting a Convenience Store Amid a Pandemic

The pandemic has affected millions, including people and different businesses. Several business entities, whether big or small, have experienced losses. Some of them even have to shut down completely. Despite the situation, you can still look at its positive side. You can still start a business during this time. With that in mind, opening a

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Inventory Management 101: the Essence of Successful Entrepreneurship

Inventory is a stock of materials or goods that are available for sale. For entrepreneurs, inventory management can be one of the most important aspects of their business. Inventory management is important because it helps entrepreneurs to make important decisions about inventory levels, where to store inventory, and how much inventory is needed. It can

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How Business Owners Should Prepare For Emergencies

The preparedness of businesses for emergencies and disasters can have a significant impact between keeping the business and losing everything. A disaster plan or a simple guide for employees and staff can help ensure your company recovers and survive. While preventing emergencies and disasters is one thing to consider, being prepared is also just as

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