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Nearly every man who develops an idea works it up to the point where it looks impossible, and then he gets discouraged. That's not the place to become discouraged.
Thomas Edison Categories
Tag Archives: small business
Market’s down? Time to create a retirement plan
Many big investors look at the drop in the stock market as a buying opportunity. Small business owners should consider it an opportunity as well. Read More
Businesses find ways to adapt in slow economy
In a slow economy, small business owners know what to do: adapt.
“We have to constantly keep adjusting,” says Janice Cutler, president of North Raleigh Florist in North Carolina. She has changed her marketing strategy since the start of the recession in late 2007. Read More
It’s time for your business’s midyear checkup
It’s time to give your small business a checkup. The midpoint of the year is an ideal
time to look at the company and see what’s working, and what isn’t. Read More
Where should you look for your first employee?
You’ve decided to hire your first employee. But where do you go to find the best candidate? Read More
Funding Sources for Small Business
Today’s tight economy has impacted everything from the number of available jobs to sources of funding for small businesses.
Debt financing is probably the most basic funding source with banks traditionally being the major resource for this type of financial support. In fact, for the past 17 years, Zions Bank has been the top lender of U.S. Small Business Administration . . . read more Read More
Fed to hold forum to boost small-business lending
The Federal Reserve said Wednesday, July 7, it will hold a forum next week to explore ways to improve the flow of lending to small businesses.
It’s the latest effort by the Fed to tackle the problem, which dates back to the 2008 financial crisis. . . . read more Read More
Small businesses still searching for the recovery
Small businesses are still waiting for the economic rebound that’s enabled larger companies to obtain low-interest credit and to boost exports and production in recent months.
Smaller companies aren’t much more optimistic than they were in the depths of the recession, according to a survey released Tuesday by the National Federation of Independent Business.
That pessimism is slowing job creation and likely weakening the recovery . . . read more Read More
Possible dream? Starting a company in a recession
While much of the business world struggled with cutbacks and layoffs during 2009, many people saw opportunity. Undaunted by the recession, they started their own companies.
Entrepreneurs are by and large an optimistic lot, with faith in their ideas and their ability to execute them. So it’s understandable that they would find reasons why it made sense to start a business in a sickly economy. Among them: It’s easier to rent commercial space at a discount when landlords are hungry for tenants.
Still, many had some scary moments as customers stayed away or money ran low. A look at how four new business owners fared last year . . . read more Read More
Business owners are making New Year’s resolutions
Small business owners aren’t just putting together budgets and sales projections as 2010 approaches: Like the rest of us, they’re making some New Year’s resolutions.
These goals aren’t about losing weight or exercising more. Business owners are resolving to fix problems in their companies or come up with ideas for working smarter in the new year.
Here’s a sampling of resolutions made by small business owners . . . read more Read More
Zions Bank Recognized by NADCO
The National Association of Certified Development Companies (NADCO) recently recognized Bank of America and Zions Bank for their extensive participation as first mortgage lenders in the SBA’s 504 loan program. The nation’s Certified Development Companies (CDCs), in partnership with private lenders who provide first mortgages, fund long-term, fixed rate loans for small businesses to acquire commercial real estate through the SBA 504 loan program. Since its inception SBA 504 has funded nearly $40 billion in loans to growing small businesses. Read More
Small Business Lending
At a time when media reports reflect concern over banks’ ability to lend during the credit crunch, Zions Bank has launched an aggressive advertising campaign to let small business owners know it has funds to help them succeed. The campaign includes radio spots on several stations throughout Utah and Idaho and print advertisements in major daily and weekly publications across the bank’s market area.
“In uncertain economic times, many people choose to go into business for themselves — to finally act on the business plan they’ve been hatching for years and to realize their dreams. These courageous entrepreneurs need not only the support of consumers, but also the help of financial experts at Zions Bank who know the ins and outs of business finance,” said Scott Anderson, president and CEO of Zions Bank. Read More
Planning Ahead
There comes a time in nearly every business owner’s life when the question must be faced: Is it time to sell the business and move on?
You can prepare for that question far before it’s time to answer it. By planning ahead, you are more likely to have a better understanding of your options and how each one might affect your personal and financial goals. If you know you’ll want to transition your business in the next five years, now is the time to put the planning wheels in motion. Read More
