One of the key documents for starting a business is a business plan. A business plan acts as the foundation of your new company and is often used for loan applications. If you're looking for...
As a small business owner, you may need financing at some point. You might need help purchasing an asset, expanding your business and more. No matter the reason, an unsecured business loan can help. Whether...
The ebb and flow of modern business is difficult to predict. Small businesses, in particular, can struggle to react to fast-changing market conditions. There may be times when short-term cash injections are needed to cover...
As you step into the role of entrepreneur, you’re going to learn countless lessons along the way. Fortunately, many have been where you are, and there are numerous resources you can use to help learn...
This morning, we want to direct the attention of small business owners to the latest pandemic stimulus bill. Passed by Congress in late December, it has opened the doors for many small business owners to...
Securing funding can be difficult for new entrepreneurs, especially given how stringent banks are when qualifying potential borrowers. However, numerous alternative financing lenders offer a wide array of potential financing options that are accessible to...
On this episode of StartupNation Radio, Jeff kicks off the first installment of “Ask the Expert,” a new series in which he brings on a startup or small business expert to help answer the burning...
During my 20 years in the window industry, I’ve dealt with countless and constant complaints from my customers about the inherent problems with traditional window screens. I was beginning to feel more like a screen...
This is a pretty simple question with a more complicated answer. There are a lot of reasons why a business loan application might be denied, but what most small business owners should be asking themselves...
On today’s episode of StartupNation Radio, Jeff chats with Kathryn Petralia and Amanda Lewan. Both guests speak to the changes that their respective businesses have faced as a result of the COVID-19 pandemic. First up, Jeff speaks...
This past Wednesday, State of Michigan officials announced how the state, with funding from the Federal CARES Act, has awarded relief grants totaling $15 million to Michigan farms and food processing companies. Dozens of Michigan...
I’m the founder of Pet Plate, a fresh-cooked, human-grade pet food subscription service. We use only the freshest ingredients to make our veterinarian designed meals, and all of our meals are personalized for your pup...
The COVID-19 pandemic has devastated the global economy in a number of ways. Unemployment is up, the stock market is down, and small businesses are struggling to make ends meet. While Congress approved some financial...
Despite the chaos of the pandemic, deal flow has remained fairly steady for existing angel groups in the area, with several new funds emerging, too. Angel funding is funding provided by wealthy individuals into a...
Yesterday, Huntington Bank and Michigan governor Gretchen Whitmer announced a $5 billion investment commitment to help Michigan businesses, consumers and communities. The funding plan will be focusing broadly on providing capital to small business owners...
Entrepreneurs are still the future of the economy. Entrepreneurs push innovation forward and find ways to solve the unique problems presented by COVID-19. Encouraging entrepreneurship requires investment capital and acquiring capital means investors must be...
On this morning's WJR Business Beat, Jeff offers insights into why entrepreneurs and small business owners alike should consider banking at one of the 5,000 or so small business banks across the country, rather than big...
Crowdfunding is a challenging endeavor even in the best of times. Recent data indicates that from January 2014 to the present day, only 22.9 percent of crowdfunding projects met their funding goals. Combine this with...
On this morning's WJR Business Beat, we're featuring the list of the top five most successful products that have been funded and launched on the hit TV show, “Shark Tank.” The investments include: Scrub Daddy, backed...
Are you wondering whether or not investors are investing in startups during the COVID-19 crisis? On this morning's WJR Business Beat, Jeff shares how firms like Detroit's own Ludlow Ventures continue to invest in startups....