Jun 6, 2017 | Business Financing
One of the most difficult challenges small business owners face is navigating the continuous cycle of ups and downs. When business is good, you have too much work and not enough resources. When there is an economic downturn, or you lose a big client, or the...Read more
Jun 1, 2017 | Business Financing
One of the most important decisions a small business owner can make is choosing their company’s legal structure. Entrepreneurs often launch their companies as sole proprietorships with no legal separation between them and their businesses. They may avoid incorporating...Read more
May 30, 2017 | Business Financing
It’s National Hole in the Bucket Day. This got us thinking about the ways small businesses can leak profits. If you imagine your business is a bucket and the water inside is your profit, you probably spend plenty of time and energy on increasing sales in order to fill...Read more
May 23, 2017 | Business Financing
One of the major challenges of growing a business is managing and servicing the needs of an expanding workforce. When small businesses are just getting off of the ground, it is typical for the owner to oversee the basic human resources functions, such as posting job...Read more
May 18, 2017 | Business Financing
There are countless blogs and websites that offer a wealth of useful information, advice, and inspiration for small business owners. If you’re reading this, you already know that Summit Financial Resources’ Small Business Blog is dedicated to helping you maintain the...Read more