The Source

This week in The Source

Electrician Loans: Financing & Business Loans for Electricians

4 minute read

March 8, 2023

If you’re an aspiring electrician, you need to know about electrician loans and how to get a loan as an electrician. Electricians fall into the "micropreneur" category as self-starters who want to run their own...

Small Business

Business Loans & Financing For Coffee Shops & Cafes

6 minute read

March 1, 2023

If you’re interested in getting into the coffee industry, you might be considering a business loan to open a cafe. Getting a coffee loan can jumpstart your business and give you the funds you need...

Small Business

Financing & Business Loans for Doctors

4 minute read

February 22, 2023

Doctors who are also entrepreneurs have the desire to help people and run medical businesses that can impact patients in positive ways. Whether it’s an urgent care, a surgery center, a private practice, or a...

Small Business

Small Business Market Research for New Customers

6 minute read

February 14, 2023

Small business market research is essential for identifying customer preferences, market trends, and potential business opportunities. By understanding their market and customers better, small businesses can make more informed decisions about product development and marketing...

Small Business

Business Partnerships & Why They’re Important

4 minute read

February 8, 2023

Business partnerships and collaborations have always been an essential part of modern business operations because of the real benefits they provide. The value of partnerships are that they allow businesses to access resources and expertise...

Small Business

Why Do Small Businesses Fail? The Most Common Reasons

8 minute read

January 31, 2023

The failure rate for small businesses is alarmingly high. According to the Small Business Administration, about 50% of all new businesses will go out of business within the first five years. If you're thinking about...

Small Business

When to Hire in Small Business: Signs to Look For

7 minute read

January 24, 2023

One of the smartest moves you can make to grow your business and increase your revenue is to hire new employees. The hard part is deciding when to hire in small business. Fortunately, there are...

Small Business

Average Small Business Revenue: What To Know

5 minute read

January 11, 2023

The beauty of becoming a small business owner is that you are not limited in how much you can earn like you are when you work a 9-5 job. While you might expect 1-3% raises...

Small Business

What Is a Reasonable Profit Margin for Small Business?

5 minute read

January 6, 2023

For many small businesses, profit margin is the difference between success and failure. It's the amount of money left over after all of your sales expenses and operating costs have been paid for and it...