Establishing good credit is essential if you intend to apply for a business loan. But it’s not just for loans anymore – a good credit score can also help you:
Secure a business credit card
Open a merchant account
Benefit from lower insurance premiums
Build relationships and get flexible payment terms from suppliers
Rent commercial property
Lease or buy business vehicles
Guest blog post by John Bryson, U.S. Secretary of CommerceToday’s
employment numbers are yet another indication that our economy is moving in the
right direction. The unemployment rate dropped to 8.3 percent and 243,000 jobs
were added in January, making this the 23rd consecutive month of job growth.
Private sector job growth has been driving the decrease in unemployment, with
the private sector adding 257,000 jobs last month. The manufacturing sector
alone grew by 50,000 jobs in January, showing that manufacturing is still an
Guest blog post by Francisco Sánchez, Under Secretary of Commerce for International Trade, International Trade AdministrationIt’s always good to be back in my hometown of Tampa, Florida. This morning, I was proud to participate in a powerful and productive discussion at a White House Hispanic Community Action Summit, which took place at the University of Tampa.Read More
John Bryson stopped by the United States Patent and Trademark Office (USPTO)
headquarters in Alexandria, Virginia on Friday to meet with employees and tour
the facility. It was the first time he had visited the USPTO office
since being confirmed as Commerce Secretary in October of last year.
This blog is co-authored by Karen Mills and Marie Johns
Today we’re kicking off our Urban Economic Forum events in New York City. The forum, presented by the White House Business Council, the White House Council on Women and Girls and SBA, focuses on helping women business owners start and grow their companies.
Today Acting Deputy U.S. Commerce Secretary Dr. Rebecca
Blank today visited SolarDock, a Wilmington, Delaware-area company that
designs, manufactures and installs next generation solar power systems. She met
with SolarDock founder Scott Johnson, partner Edward O’Brien, and employees and
tour the manufacturing facility, along with Delaware Lieutenant Governor
On Feb. 2 when many people were focusing on groundhogs and their shadows, the
National Archives focused on high-tech conservation and the freshly conserved
1297 Magna Carta, including its state-of-the-art encasement designed and built
by the National Institute of Standards and Technology (NIST).
The Department of Commerce's U.S. Census Bureau today
released its 2010 Service Annual Survey, which shows that of the
nation’s 11 service sectors, 10 showed an increase in revenues for employer
firms between 2009 and 2010. These figures are the first findings from this
survey to track the revenues of services after the December 2007 to June 2009
I’d wager that the first thing that comes to mind when you think of franchising is some type of food franchise. I do too.
Most of the food franchises that we tend to think of are almost always in the *fast-casual genre. It’s a huge business sector.
If you’re thinking of becoming the owner of a food franchise, I have a way for you to get a leg up on your search for the right one; become a trend-watcher. For example, did you know that some fast casual franchises are serving, “Mini-treats?” Or, that there’s a new type of family demographic that wants some attention?
Are you interested in the restaurant or food service business, but don’t know whether to go the franchise route or start your own business from scratch?
The food service industry is the largest and most prominent sector in franchising today, and while not entirely risk-free, it’s often perceived as a safer bet for new business owners.
Of course, restaurant franchise ownership isn’t for everyone. Being a franchise owner requires a particular type of personality, solid research, and a willingness to work within the confines of someone else’s entrepreneurial vision.