The Impact Of Technology To Small Businesses

April 11, 2017March 16, 2017 Friends of Friedman Small Business

Employment is but a means to provide for your needs and hopefully help you secure your retirement fund. After all, having a job is better than being unemployed. At least, you have the spending power to pay for your needs and that of your family. However, it can’t let you fully enjoy the bigger things in life.

Becoming an entrepreneur means you have a chance to make it in the world and increase your wealth ten-fold. Not only do you have control over how much your business grows but you are no longer limited to the usual limitations of traditional employment.

One may indeed become rich and successful by engaging in business but let us not forget that the risks involved are bigger too. Aside from putting in your own capital (or borrowing it), there is no assurance your business would make it or that it will be safe from the issues affecting the country’s …

Small Businesses Get Smart With Creative Financing

February 18, 2017 Friends of Friedman Small Business

Living in the United States for the past 10 years has seen many affected by one of the harshest boom and bust cycles in a lifetime. Not since the depression has there been a scenario where so much wealth was lost after being gained over such a short period of time. At one point, times for financing were easy, and banks had their doors open to pretty much anyone who required capital.

But now, sadly, that has all changed. Banks themselves are suffering from a serious lack of capital, and the small business owner has suffered as a result. In an attempt to provide credit relief to many small business owners like Glen Markstrom of San Diego’s All Clear Tree Service, equipment leasing companies have begun to work directly with many entrepreneurs.

“I never really considered leasing before,” says Markstrom, whose tree service company has won local awards. “Leasing did end up saving my …