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StreetShares Blog - The Resource Center for Veteran Small Businesses

StreetShares Blog

The Resource Center for Veteran Small Businesses

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What is a Set-Aside?
| StreetShares Blog

By StreetShares on June 1, 2018

As a small business owner, you are not limited to only providing your goods or services to the general consumer public- you can also sell them to the government! Many business owners are intimidated by the prospect of government contracting, thinking that there's no way their small business can compete with giant corporations. Thankfully, the government helps out with set-asides. Priority is placed within their procurement budget on certain small businesses and contracting opportunities, and can be particularly beneficial for the veteran-owned small business. The government wants to include small businesses when buying goods and services for many reasons:

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Rosie the Riveter: A Trailblazer for Modern Women
| StreetShares Blog

By StreetShares on May 31, 2018

Everyone is familiar with the image of Rosie the Riveter - a fierce-looking brunette woman, hair back in a red bandana, rolling up a sleeve over her flexed bicep under a text bubble that reads matter-of-factly "We Can Do It!" Coming out of World War II, Rosie's image was synonymous with the women who stepped up to work in factories and mills when their husbands, brothers, and fathers went off to fight for freedom. Rosie's power and inspiration didn't stop when the war was over, though - the effect that this iconic character has had on women, the workforce, and the world is as strong today as it ever was.

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5 Tips to Help Your Small Business Crush the Competition
| StreetShares Blog

By StreetShares on May 23, 2018

It takes vision, a lot of courage, and some practical know-how to make a small business competitive! A new business can struggle with a lot, from budget to brand awareness, but there are simple ways to succeed against larger, more well-established companies. Here are five tips for being more competitive in the marketplace:

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Are Bonds Really a Smart Investment?
| StreetShares Blog

By StreetShares on May 18, 2018

Photo courtesy of JHerbstman on WikiMedia Commons

What do you know about bonds? Not James Bond, investment bonds. If you guessed "something having to do with the stock market," you're on the right track but not completely there!

When you invest in stocks, you know that you own a piece of the company’s value. When the demand for that stock increases, the market value goes up. If you sell when the market value is high, you make a profit.

When you invest in bonds, they are much like loans with you acting as the bank. You get a certificate showing that a business, city, or government owes you money to repay you for your investment in their spending on growth, equipment, construction, and other projects. When your bonds mature, you can cash them in for more than you paid for them.

So what does that mean for you? Are bonds a good option for your investment portfolio? Keep reading to find out!

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Is Your Portfolio the Real MVP or a Benchwarmer? Tips to Keep Your Money Healthy in 2018
| StreetShares Blog

By StreetShares on May 17, 2018

Everyone wants to strike it rich in the stock market, but not everyone wants to- or even knows how to- put in the work to maintain a healthy portfolio. A financial portfolio is a collection of assets that includes, among other things, stocks, bonds, and property. The portfolio is a positive investment when it meets an expected return on investment (ROI), your risk tolerance, and the asset liquidity. Obviously all investors wants to maximize ROI, but not everyone wants to accept the risk of uncertainty or barriers to converting investments to cash. By taking steps like hiring an investment advisor and spreading your risk, you can give your investments a health injection in 2018. 

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Keeping up with the Cash: Top 5 Personal Finance Influencers to Follow
| StreetShares Blog

By StreetShares on May 15, 2018

You know you're supposed to be saving for your retirement years, but whose advice do you follow? A search on Google will turn up so many different kinds of personal financial advice, and some of it is definitely questionable. So, how do you know who to turn to? That depends entirely on your situation- we all need different types of guidance for different stages in our lives. Are you fresh out of the military and venturing into civilian life? Did you just graduate college? Are you recently married or a new parent? Maybe you've had a 20-year career and have grandkids on the way. No matter your situation, these five personal finance influencers are the top names in the game for any stage of life.

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The Demystification of Diversification: How Diversifying Can Work Magic on Your Portfolio
| StreetShares Blog

By StreetShares on May 10, 2018

Diversifying your investments - it's a phrase you've heard, and you know you should do it, but what does it actually mean? Essentially, it means that putting all of your financial eggs in one basket is a bad idea. The market is notoriously unpredictable, and diversification will play a vital role in fortifying your interests. You can reduce your investment risk, stabilize your income flow, and have a better shot at long-term financial success by investing in a wide variety of different assets that are in line with your goals and risk tolerance. 

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10 Marketing Tips for Small Business Owners
| StreetShares Blog

By StreetShares on May 9, 2018

Marketing: just the word can strike fear into a business owner's heart. You love your business, that's why you started it- but you also want to spend your time in your business, not on Twitter! However, an effective marketing strategy is the most important tool in a small business owner's toolbox. You could have the best business in the world- but without marketing, who would even know it? It's easy to get overwhelmed, so start small! Marketing is a marathon, not a sprint. Here are 10 marketing tips you can take action on today to propel your business forward.

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How to Diversify Your Savings with Stocks and Alternative Investments
| StreetShares Blog

By StreetShares on May 8, 2018

Many Americans know the importance of investing; however, it is not uncommon to have questions about where and when to invest, how to diversify savings, and what alternative investments to consider when building a portfolio. How much time and knowledge should you, well, invest in your investments? A huge concern many face as they prepare to enter the world of investing is the necessary time commitment, and, of course, trusting that the risks match the potential rewards—not to mention budgeting to diversify savings in order to receive the greatest returns.

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3 Reasons Why Now is the Time to Produce More Inventory
| StreetShares Blog

By StreetShares on May 4, 2018

If you produce a physical product, there are many reasons to maintain controlled inventory levels. Unsold inventory carries storage and depreciation costs, but not having enough product on hand can be just as unfortunate. How should you decide if you need to have more inventory? Here are three things to consider for your veteran-owned small business.

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