Traditional Business Funding vs Alternative Business Funding
The best way to understand an alternative business-funding model is by comparing the five key elements: application, approval, collateral, control, and repayment. Many business owners would like to know how ArkCare Financial differs from traditional business funding options e.g. banks and credit unions. We are happy to answer every question posed to us, but we […]
Bootstrapping Methods For 2024
Five Bootstrapping Methods To Consider for 2024. To bootstrap your business, you do anything and everything you can think of to find money. In order to start a business or prepare for growth, you will probably do some kind of bootstrapping. Here is what you need to know. 1. Friends and family It is a […]
Alternative Financing
What is Alternative Finance? How does alternative finance work? US Small Business Administration defines it as “financing from sources other than banks or stock and bond markets”. The term typically refers to fundraising through online platforms. However, alternative funding could come from a variety of sources. There are times when knowing where to find cash […]
Twelve Best Side Hustles For 2024
1. Freelancing Among easy side hustle ideas, freelancing definitely deserves a top spot. Freelancers work for one or more clients on a per-project basis, and they can schedule it in their spare time. The demand for freelance graphic designers, writers, editors, and website developers is high, and other fields offer freelance opportunities as well. Even […]
Four Steps To Using Personal Money In Your Business
As you start your business, it may be necessary to put some of your personal money into the business to cover startup costs. It is imperative to know how this process works to avoid potential tax consequences and unnecessary risks. You will need to open a business checking account that contains your company’s finances. You […]
