Several different types of financing are available that may fit your needs as a small-business owner, so Ben Luthi reviews options such as lines of credit and merchant cash advances. He discusses the application process, touching on the need to draft a business plan and provide certain forms of documentation.
The market for sales of small businesses may have peaked, according to a survey from Pepperdine University and industry groups. Entrepreneurs have become less optimistic about sales, and this is particularly true for owners of businesses valued at $1 million to $2 million, the survey found.
Conflict and tension within teams "are a feature, not a bug," says psychologist and business strategist Liane Davey. "Instead of me thinking that everyone else is a jerk and they're trying to get me down, I now understand that they're living up to their obligation, and that's the tension they're going to put on every conversation," she says.
BSCAI is excited to award a $3,000 scholarship to one professional member (building service contractor) or their child to use toward higher education. Applications are due June 15. Get more information on the application, eligibility and scholarship details.