America’s SBDC Blog

A “Forbes 100 Best Websites for Entrepreneurs”

What is alternative credit and lending?

May 9, 2023

By Ken So

Small businesses, especially the newest, smallest businesses, can face challenges when trying to secure financing through traditional banks and credit unions. If you own one of these types of businesses, then alternative funding can be a viable option to meet your financing needs.

Of course, as with any type of funding, there are certain things that you should be aware of before signing a loan agreement. In this article, we’ll explore what alternative lending is, how it differs from traditional lending, and what to know before applying.

Continue reading


Common Financial Mistakes Small Businesses Make: Tips to Avoid Them

April 11, 2023

It’s time to organize your small business’s finances — but where do you even begin? If you don’t have a degree in finance or accounting, the task can seem daunting. Luckily, millions of entrepreneurs have walked this path before, and most common mistakes can be easily avoided with a little bit of awareness. Empower yourself with these small business tips to set your business up for longevity.

Continue reading


Mastering Financial Literacy: A Guide to Making Sound Financial Choices as a Business Owner

March 21, 2023

It’s estimated that the average person makes up to 35,000 decisions a day. If you’re a small business owner, you’re likely making thousands more than that — and some of those decisions can either make or break your business. Arm yourself with financial literacy for business owners to ensure every decision you make brings your company closer to success.

What Is Financial Literacy?

Financial literacy is the continued learning and understanding of money management best practices, including budgeting, investing, and saving. It’s a crucial process of self-education that sets you up for financial stability and success, and it applies to both business-related and personal finances.

Continue reading


Should you choose a digital or traditional bank account?

February 23, 2023

A business bank account is a critical component for any business owner. It creates a separate place for your business finances and transactions to live, which makes it easier to manage your financial records, and ultimately stay organized. If you’ve started researching business bank accounts, you may have noticed that there are a wide range of options, from opening up an account where you personally bank, to opting for an online business banking solution.

If you’re choosing between a (likely cheaper) online bank and a traditional, brick and mortar one, then this article can help you weigh the pros and cons of both so you can make an informed decision.

Continue reading


Next steps: Preparing for holiday shopping season

December 8, 2022

Drawing on the experience and insights of Cybersource Managed Risk Analysts worldwide, we’ve put together a series of tips to help you prepare for holiday shopping season and protect your business against fraud and risk while delivering a frictionless experience for genuine customers.

Now that you have spent some time evaluating the different parts of your business, connecting the dots, and planning next steps, let’s put it all together with tips for implementation and preparation. If you missed it, you can check out the first blog in this series.

Continue reading