Small Business Blog Posts | Page 19

You will need your Employer Identification Number, or EIN, for completing various legal tasks related to your business, such as filing taxes. If you have misplaced your EIN or aren’t sure if you even have one, you have come to the right place! Read on to learn what an EIN is, how to find your EIN, and how to apply for an EIN if you don’t already have one.

Want to run a catering business, but aren’t sure where to start or get the funds? Learn everything you need to know to get started in our step-by-step guide!

Want to start an auto body shop, but aren’t sure where to start or get the funds? Learn everything you need to know in our step-by-step guide!

If you’ve been shopping around for a new credit card, whether for personal or business use, you’ve likely come across a Chase credit card or three. In fact, it would be hard not to — between its own branded credit cards and its co-branded partner cards, Chase has 30 credit cards on offer. We’ve written up a rundown of every Chase credit card and what each one has to offer you.

So you’ve been thinking about how to start a lawn care business. It’s not all that bad of an idea, but as with all businesses, starting a lawn care business requires effort, resources, and know-how. We’ll go over the steps you should take, where to get funding, and how to set up your lawn care business for success.

Want to start an online boutique? Not sure where to start, or how to get funding? Learn everything you need to know here!

A $10,000 business loan is a fairly small amount, so it shouldn’t be too difficult for many businesses to receive one. Many online lenders have short applications and can fund as quickly as the same business day of approval. Lenders may evaluate factors including personal credit score, monthly or annual revenue, and time in business to determine if you qualify.

Since the loan amount is so low, many small business owners will be able to get a $5K small business loan. While not exactly difficult, one thing to remember is that $5,000 loans usually come with short repayment terms and higher interest rates.

If you default on your SBA loan, you’ll be notified by the lender. If you’re unable to get on track with your loan, your lender may seize your assets. The lender will later reach out to the SBA to receive the guaranteed portion of the loan, and the SBA will contact you seeking payment. If payment isn’t received or an agreement isn’t made, the SBA will report the loan to the Treasury Department, which can take further action against you.

Learn what grants are, their pros and cons, how to find them, and best practices for applying in our guide to small business grants.