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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’s the difference between a “hard” and a “soft” credit inquiry?
| StreetShares Blog

By StreetShares on September 14, 2018

If you’ve been exploring your options for small business funding- or any other debt-based financial product- you’ve probably heard the terms “soft” and “hard” thrown around when referring to credit inquiries. What’s the difference between the two, and how do they affect your personal credit score?

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What Is a FICO Score and Why Does it Matter?
| StreetShares Blog

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official opinions, policies, or positions of StreetShares or any of its affiliates.

If you’ve ever needed to make a financial decision and thought to yourself, “how will this affect my credit score?”, we salute you. For the majority of Americans, the world of credit seems to be shrouded in secrecy and myth. Terms like credit score, credit report, and FICO score are thrown around without consumers knowing their true meaning. Understanding your FICO Credit Score and why it matters is important, but it doesn’t need to be complicated.

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The Ultimate Business Loan Readiness Tool
| StreetShares Blog

By Thomas Moody II, Head of Marketing on August 21, 2018

Could you use additional funding to expand your business? Are you ready for a business loan? Are you intimidated by the application process or scared you won't get approved? If you've screamed "YES!" in your head to any of these questions, Lendability+ may be the perfect tool for you. Your Lendability Report takes the guesswork out of your loan decision by showing you how you look to lenders and assessing your readiness to take the plunge and apply for that loan. 

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Impact Investing: How to Make Your Dollar Do More
| StreetShares Blog

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official opinions, policies, or positions of StreetShares or any of its affiliates.

Wall Street gets a bad rap in the media. Stories of greed and corruption seem to fight their way to the top of the headlines every day. However, there is a new valiant knight on Wall Street: enter “Impact Investing”. It’s not just another buzzwordy term either, impact investing has been around for over ten years, although it’s finally starting to gain traction with individual investors for reasons that go above and beyond potential profits.

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Defense Spending is Back: What the National Defense Authorization Act Means For You
| StreetShares Blog

By StreetShares on August 14, 2018

The John S. McCain National Defense Authorization Act was just signed at Fort Drum, NY.  Nearly $717BN in defense spending will soon be making its way through defense agencies -- what does this money mean for national security and where is it all going? Will any of it be making its way through you? StreetShares, Inc. CEO Mark L. Rockefeller recently appeared on Fox News to break it all down.

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When You Should Outsource Accounting For Your Small Business
| StreetShares Blog

By StreetShares on July 26, 2018

As a small business owner, do you find that controlling every aspect of your business single handedly is becoming a hard nut to crack? One crucial area for small businesses that often gets overlooked is accounting because, let’s face it, for many small business owners, accounting isn’t the most exciting topic. However, accounting doesn’t just have to be a necessary evil. Smart business owners know that when the time comes, outsourcing their finance and accounting needs can provide some major benefits. We’ll explore when and why you should consider it.

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Why Your Small Business Needs a Great Logo
| StreetShares Blog

In this digital age of getting bombarded by marketing from all angles, you may not even notice logos anymore. They’re so ingrained into our culture that some brand marks have become part of cultural aesthetic, taking on lives of their own outside of their brand’s marketing materials.

But if you’re not a huge international corporation, you may think your logo isn’t important. Don’t let it be an afterthought! Imagine the market is like a dating app and your business’ logo is your profile picture. For better or for worse, people will judge based on that first impression, regardless of how amazing your business is once you actually read its profile. A great logo will make prospective customers more likely to “swipe right”- which means more conversions and brand loyalty for your business!

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Time is Money: Measuring your Return on Technology
| StreetShares Blog

By StreetShares on July 16, 2018

It might be a bit cliché, but, when it comes to your business, time really is money. When determining your Return On Investment (ROI) and technology you need to make sure you are not spinning your wheels troubleshooting useless tech. Remember- technology should be there to help you conduct business, not deplete your time and financial resources!

Instead of wasting your valuable hours and money on aging and inefficient technology, you should consider swapping some of it out for newer, more comprehensive technical solutions. But what tech should you consider? What are some of the factors that play into a switch to new technology? How much would it cost- and would it actually end up saving you any money in the long run? We'll help you answer those questions and break down some ways to optimize your time and resources when it comes to your business tech. 

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6 Ways to Revamp your Small Business Budget
| StreetShares Blog

By StreetShares on July 12, 2018

There’s always room for improvement! Even successful businesses are always on the lookout for ways to reduce costs and reinvest more money. That’s why as a small business owner, you need to know exactly where and how your money is being spent. You may find that restructuring your budget is necessary to help your veteran-owned small business reach its goals. Consider these six simple ways to revamp your small business budget and work your way towards financial freedom!

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9 Low-Cost Ways to Invest in Business Operations
| StreetShares Blog

By StreetShares on July 11, 2018

Small business owners must constantly invest in their business’ operation. This may sound like an intimidating cost, but you can invest in your business operations without a big cash commitment- the trick is to make the investment part of your core values system. Here are nine effective and cost-efficient ways to invest in business operations and jump start your small business growth!

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