Are you constantly asking your employees for updates or progress reports? Do you prefer to handle even the simplest tasks rather than teach someone else how to do them? Are projects often delayed because you insist on approving everything yourself? Chances are you...

Networking is not about collecting business cards or building a large list of contacts. Whether through in-person meetings or via social media, it is an essential tool for building the relationships and strategic partnerships that are critical to business growth. Like...

If you own a business and are considering financing, it’s important to be thoroughly prepared before you begin contacting potential lenders. There are countless funding options available today and a variety of lenders to serve your needs at every stage of your...

Launching a small business takes a lot of hard work. Considering everything an entrepreneur has on his or her plate – from product development and pricing to staffing and marketing – crafting a mission and vision statement is not likely to be a top priority. But...

Fall is an ideal time to evaluate your current tax situation. Instead of putting off your tax-related concerns and responsibilities until December or January, doing the prep work now may help you reduce your tax bill for the current year and avoid potential issues...

Working capital is the day-to-day driver of every small business. When you have enough cash on hand, you can hire more, produce more, take on more jobs, and pay less for supplies. Summit Financial Resources offers working capital loans for small to medium-sized...

For many small businesses, September marks either the end of the busy summer season or the ramp-up to the make-or-break holiday season. If you generate the bulk of your revenue during specific times of the year, it is important to have a strategy to ensure sufficient...

With hurricane season in full swing, many businesses are well prepared to literally weather the storm. However, disaster can strike anywhere and at any time – which means every small business owner should have a plan for dealing with major catastrophes. While it might...

There are numerous ways to manage cash flow in order to keep your business growing. Invoice factoring uses your receivables as collateral, letting you harness the latent cash in your unpaid invoices. The process is simple: a factor gives you a line of credit using...

September is a time of transition, bringing with it a change of seasons and a return to school for students of all ages. For business owners, the post-Labor Day period often feels like a new beginning, an opportunity to shift gears and refocus with renewed energy and...