Sat.Jul 18, 2020 - Fri.Jul 24, 2020

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Small Business Grants for Women: 14 Incredible Opportunities

Fundera

The 14 Best Small Business Grants for Women Entrepreneurs. Grants.gov. National Association for the Self-Employed Growth Grants. Eileen Fisher Women-Owned Business Grant Program. Amber Grant. IdeaCafe Grant. Girlboss Foundation Grant. Cartier Women’s Initiative Award. GrantsforWomen.org. FedEx Small Business Grant. The Halstead Grant. Open Meadows Foundation. 37 Angels.

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A Wave of Defaults Coming?

Pactola

A Wall Street Journal article from July 14, indicates that the largest U.S. banks of JPMorgan Chase & Co, Citigroup, and Wells Fargo took huge hits to their second quarter profits to stockpile $28 billion to cover losses as consumers and businesses begin to default on their loans. On June 3, NPR reported that Americans are skipping payments on mortgages, auto, loans and other bills.

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8 Ways Commercial Real Estate Lenders Have Adjusted to COVID

StackSource

Lenders who have not paused their lending activity have used several methods to reign in risk.

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PPP Forgiveness Platform Opens Aug. 10 for Lenders: Here’s the 411

Abrigo

Key Takeaways The SBA's PPP Forgiveness Platform is expected to begin accepting applications for loan forgiveness from lenders on Aug. 10, the SBA said. The PPP Forgiveness Platform, which will be linked on SBA's website, will allow lenders to not only submit their decisions, but also monitor requests for forgiveness payments and monitor SBA inquiries or review notices.

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Racial Funding Gap Shows Black Business Owners Are Shut Out From Accessing Capital

Fundera

There are great inequities in entrepreneurship—as with so many other aspects of life in the United States. One of the most obvious examples of this is that business owners of color—as well as women business owners, and other overlooked entrepreneurial communities—are not able to access the same financial resources that white, male business owners obtain regularly. .

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Majority of Business Owners Say PPP Wasn’t Enough, and They’d Apply for More Help: Survey

Fundera

The coronavirus pandemic is showing no signs of slowing down in the United States, and the country’s small businesses are paying the price. A new survey of business owners from Fundera shows that a majority feel the first round of financing from the Paycheck Protection Program (PPP) wasn’t sufficient to help them cover costs, and that they would apply for a second round of federal financing if it becomes available. .

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Why Small Business Owners Need Life Insurance

Fundera

As a small business owner, you’re likely familiar with the various types of business insurance you need to protect your company, inventory, and more. But what about protecting those who rely on you most? . In the unfortunate event that you pass away unexpectedly, your business partners, employees, and family may suffer. That’s where life insurance for business owners comes in.

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How to Start a Bookkeeping Business

Fundera

8 Steps to Start a Bookkeeping Business. Pick your market and niche. Write a business plan. Register your business and get insured. Choose your bookkeeping software. Set up your business infrastructure. Price your services. Find your customers. Understand your funding options. Even as the nature of business changes, one job that is always in demand is bookkeeping.

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Opening a 7-Eleven Franchise: Info and Costs

Fundera

There are few businesses that have the kind of universal recognition that 7-Eleven does. This is one of the major pros to consider if you’re looking into opening a 7-Eleven franchise. Of course, for all the advantages of franchising , there are also downsides to consider as well—as is the case with any business venture. Whenever you’re looking into franchise opportunities, you want to make sure you have a clear-cut idea of what to expect and a strong ballpark of what you’re going to pay.

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What Is a Franchise Disclosure Document (FDD)?

Fundera

If you’re considering franchising , you’ll want to be familiar with the franchise disclosure document, sometimes called the franchise FDD, of the company you’re considering joining. That’s especially true if you’re getting deeper into the franchising process to the point where you’re deeply considering an investment. The franchise disclosure document is a crucial piece of the process of buying a franchise since it includes important information about the franchise as a whole, as well as your sp

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Opening a Wingstop Franchise: Info and Costs

Fundera

Known for their variety of—you guessed it—chicken wings, Wingstop is a brand with a lot of loyalty and customer appeal. If you’re interested in opening a Wingstop franchise, there’s lots to know about its corporate structure, Wingstop franchise cost, and more. Is franchising right for you? This guide will give you the information you need to help guide you toward a decision about whether to open a Wingstop franchise of your own.