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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's the Difference Between a Business Credit Card and a Business Line of Credit?
| 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.

Having access to credit is a lifeline for small businesses. Maybe you’re just be starting out in your ventures and you’re looking for start-up funds. You could be in a tight spot financially and cash flow is slow. Or, maybe business is booming and you finally realize that it really does take money to make money. Whatever the case may be, having a game plan for how your small business will use credit is crucial.

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How To Get A Creative Business Idea Off The Ground
| 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.

When a business idea pops fully-formed into your mind, it feels incredible — like you’ve seen a magical glimpse of a glorious future. But unfortunately enough, getting from inspiration to execution requires a complicated and challenging journey. And even the most brilliant idea can amount to nothing if it isn’t implemented very carefully.

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Dear New Small Business Owner: Five Accounting Habits That Seasoned Entrepreneurs Practice
| 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.

Congratulations! Not everyone has the heart or perseverance to take their big idea to the next level. As a new small business owner, prepare yourself a never-ending list of tasks and problem-solving. When so many obligations start to come at you, it’s tempting to just fly by the seat of your pants. However, seasoned entrepreneurs will tell you to establish practices, policies, and good habits early on in your journey.

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How Can I Begin To Grow My New Small Business?
| 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.

Congratulations! You have taken the plunge into the world that many dream of but few make the leap; you are a small business owner. You are on your way to being a staple in American culture. Did you know that 2 out of every 3 new jobs in the U.S are created by small businesses? After the initial rush of launching the business, telling friends and family about your new venture, and getting everything just so, you realize that your business cannot thrive on adrenaline alone. You need customers. You need growth. While there are a plethora of ideas floating around out there, you need to mindful of your time and efficiency. After all, you are running a business! Here are some ways to begin seeing marked growth with your new small business:

 

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How Do I Start My Own Franchise?
| 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.

According to the International Franchise Association, franchises have not only created 7.6 million jobs, but they have also added over $400 billion to our economy. Depending on what your business goals are or what your business model entails, franchising can be your path for continued business growth. Saying that you want to franchise your business is one thing. Knowing where to start is quite another. While the process is one that requires focus and attention to detail, the process will become streamlined if you come out of the gate with your best foot forward. Here are things to consider before deciding to go the path of franchising.

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How to Network (Even if You Hate it)
| 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.

Networking- either you love it or you hate it. When we refer to the idea of networking, keep in mind that we aren't necessarily referring to sitting behind your computer. We mean getting up, getting out, and meeting people. With at least 70% to 80% of all employment opportunities not published, alongside the constant need for small business owners to make themselves known beyond a computer screen, networking is not optional anymore. It has become a skill that we all must master. Before you find yourself anxiety-ridden, know that networking is a process that not only has steps but nooks and crannies and tips and tricks of the trade. If you've ever wondered how to even begin networking, you've come to the right place!

 

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And the Winners Are...
| StreetShares Blog

By StreetShares on August 30, 2018

Congrats to the winners of the food & beverage edition of the StreetShares Foundation Veteran Small Business Award! These finalists will receive a trip to Orlando to pitch their business live at the Military Influencer's Conference, where first, second, and third place will be determined. Without further ado, the winners are....

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Two Secrets to Being a Great Leader
| StreetShares Blog

By Ben Killoy, Blog Contributor on August 29, 2018

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.

When you step into the role of a leader for the first time after transitioning from the military to the civilian workforce, it can seem a little bit overwhelming. Your gut says that you need to be more military-like, but your surroundings are reminding you to need to be more civilian-like. The truth is we just need to be more human. 

The most important principle of being a great leader is that the people you lead have two fundamental needs: to be heard, and to be understood

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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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