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Inner-Cities Are the Place to be When it Comes to Small Business

Inner-Cities Are the Place to be When it Comes to Small Business

CEOs surveyed by the national nonprofit group Initiative for a Competitive Inner City (ICIC) repeatedly cite inner-cities as locations that have been hospitable to their business growth and development, according to ICIC CEO, Steve Grossman. Based in Boston, ICIC issued a report this past October in conjunction with the unveiling of this year’s Inner City […]

The Latino Small Business Boom

latino owned business

According to the U.S. Hispanic Chamber of Commerce, there are 4.4 million Latino-owned businesses in this country that are responsible for the injection of over $700 billion into the U.S. economy. In the past year alone, the average annual revenue of those businesses spiked by 26.5%, while the number of credit applications jumped 22%. The […]

The Three Essential Factors of Building Maintenance

building maintenamce

Building maintenance is not just a matter of keeping your place of business neat and tidy. It is a matter of guarding against loss of business due to property disrepair and inconvenient closures. You must plan for maintenance before something breaks. That is sound business management. There are three major factors to bear in mind when […]

Eight Things to Consider Before Selling Your Franchise Interest

Selling Your Franchise Interest

Selling a franchise is not the same as selling an independent business.  When you sell a franchise interest, you are just changing the ownership interest (for example, one Dunkin Donuts store out of the franchise of stores). The new owner and the franchisee must agree on a sale number. The prospective owner must also prove […]

The Most Common Types of Consumer Fraud

consumer fraud

Those who commit consumer fraud are fraudsters who prey on ignorance. Therefore, the best defense against consumer fraud is education. Do not allow yourself to be victimized. Read the following and learn about the most common forms of consumer fraud.Mortgage Fraud According to the FBI, the victims of most modern mortgage scams are distressed homeowners. […]