Monthly Archives: October 2013

Credit Reports: What Small Businesses Don’t Know Can Hurt Them

With the exception of the DreamSpark plan, credit reports and ratings are critical to accessing business capital. Understanding what drives small business credit markets is necessary when applying for a conventional loan. The Wall Street Journal provides helpful recommendations related to understanding and improving business credit. “A little education… goes a long way here.” It is important to understand your options in capitalizing and injecting capital into your business. Pango Financial understands the value and encourages our clients to stay current with conventional and unconventional business tools for funding. Take the time to read this informative article. Share if you learned something new related to the importance of business credit.

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WSJ Start-up of the Year

Are you a “virgin” in business?  Have a great idea?  See a potential solution? Want to give back to society?  Want to do what you love and make your own rules?  The Wall Street Journal has selected a team of mentors to launch startups into success. There is a great video discussing what it takes… Continue Reading

Report: Franchise Jobs Grow at Twice U.S. Rate

I am sure you have seen unemployment as a key political and economic issue.  Franchising is playing an important role in economic recovery.  “The franchise industry just might be the job-generating gorilla in the room.”  What a great quote to show the power of franchising related to the United States employment recovery.  “The number of… Continue Reading

Franchise Business Index Hits Post-Recession High

Look around your neighborhood and you will notice franchise opportunities are popping up all over.  Franchising represents a variety of different industries that serve your local community.  In the opinion of Steve Caldeira, IFA President & CEO, “franchise businesses continue to create jobs and demonstrate that the franchise business model remains the best and most… Continue Reading

The New Face of Franchisees—A Look at the Vital Stats for Owners

Franchising today offers many varied opportunities and franchise owners are more diverse than ever before.  Take a moment to see who is represented in franchise ownership and what a “typical franchise owner” looks like in today’s economy.  Here are the highlights in a nutshell…Well educated men between the ages of 45-54 represent the majority of… Continue Reading

How to Quit Your Job and Start a Business

Considering business ownership and leaving your job?  Apparently, you are not the only one.  There are three important tips to consider when transitioning from a corporate position to start the business of your dreams.  Checkout this quick read to help you make the move to business ownership and independence. Read more… Continue Reading

More Research Shows U.S. Small Businesses Have It Better Than They Think

The United States is still the land of opportunity.  Many small business owners in the United States based on a survey done by Ernst & Young “found that the U.S. offers the best environment for entrepreneurs among the world’s largest economies.”  Also, “American small business owners are more optimistic than are their European counterparts” based… Continue Reading

Why Everyone Will Have to Become an Entrepreneur

Many individuals are going to find that jobs are a thing of the past as the economy recovers from the great recession. Entrepreneurial opportunities will be plentiful and traditional jobs will slowly disappear.  Companies will be looking to reduce their overhead, leverage resources and have the right talent for the right project.  Opportunities for consultants… Continue Reading

10 Questions to Ask Before Quitting Your Day Job to Run Your Own Company

Going into business is an important life decision for you and your family.  You want to evaluate your personal situation before you decide to “run your own company.” Here are the ten questions you should ask yourself before moving forward with your dream of business ownership. Is this going to make me happier?  Is the… Continue Reading