small business

The Real Reasons Startup and Early Stage Companies Fail

It’s a sad reality, but many startup and early stage companies fail. Whether it’s a lack of capital, poor product-market fit or leadership inexperience, roughly 75 percent of all startups fail. Why do we accept failure as an inherent risk of founding a startup? Failure isn’t an option when you leave your life’s work on…

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The Benefits of Invoice Factoring and Purchase Order Funding

Two of the most popular alternative business funding solutions are invoice factoring and purchase order funding. Business owners are increasingly turning to alternative lenders – like Security Business Capital – for solutions to cash flow and inventory needs. These financing solutions provide working capital without an added burden of debt. The Benefits of Invoice Factoring…

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6 Tips for Retail Business Cash Flow Management

This guest post written by Ben Gage, COO of Diversified Business Resources, Inc (www.dbrfactors.com). You can contact Ben by phone at (760) 738-1400 or by email at ben@dbrfactors.com Every day, its gets harder and harder for a small retail business to make money. With ever-increasing expenses and constant pressure from online companies and larger competitors,…

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The Beginning of a Cashless Society, Part 2

You may or may not have read my first LinkedIn blog post, “The Beginning of a Cashless Society.” If you haven’t, you can read it here: http://ow.ly/tVZ4301U5xA . This blog post was mostly introductory, discussing what cashless means, where and how it has been implemented, and I briefly touched on a few different future possibilities.…

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Retailbound Announces New Licensing Concept

The management team at ‘Retailbound, Inc., (RB),’ a world renowned retail coaching and consulting company, is excited to announce the licensing of their retail coaching methodologies to other business professionals. Partnering with Franchise Marketing Systems – http://www.franchisemarketingsystems.com/, a comprehensive licensing program was developed off Retailbound’s successful retail coaching practice.   Ideal for business coaches, marketing consultants…

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Retail Security Best Practices

This Guest post written by Kristen Gramigna is Chief Marketing Officer for BluePay, a credit card processing firm. She has more than 20 years experience in the bankcard industry in direct sales, sales management and marketing. Follow her on Twitter at @BluePay_CMO. You do not have to be a major retail brand to fall prey…

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How to get working capital to help grow your business

Guest blog written by Carolyn McClure Ilic, VP Business Development, Security Business Capital (www.mysbcapital.com) SBC is a full service invoice factoring company and a subsidiary of Security Bank. We are also able to offer construction factoring, purchase order funding and supply chain finance through our affiliated sister companies. Carolyn can be reached at 312.804.9072 |cmcclure@mysbcapital.com…

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How to Use LinkedIn For Business

Hello retail-minded friends! A lot of our recent blogs have been focused on retail, which makes sense, seeing as Retailbound is a retail consultancy, however, today, as marketing intern at Retailbound, I would like to bring our focus back to social media. We have already discussed in our blog the growing importance and relevance of…

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Checklist for Hiring a Retail Consultant

  Hello retail-minded friends! Happy Tuesday! Today, our blog post is going to take a slightly different form, and instead of discussing a topic related to retail, we are going to provide you with a checklist which you should consult when considering hiring a retail consultant. When you are looking for a service, whether it…

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Preparation 101: Meeting With a Retail Buyer

Happy Thursday retail-minded friends! How many times have we mentioned on this blog the importance of the meeting with a retail buyer. Following this statement, we normally also mention the preparation required for success in this meeting, but we haven’t yet discussed exactly how to prepare for this ominous meeting. Today, we are going to…

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