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Preparing Your Business for the New Year; Business Strategies

Strategizing is basically brainstorming and structuring a plan to achieve a goal. Any successful business starts with a plan, a concept – a strategy. With any new or continuing effort, you will create a strategy. It’s a roadmap to success. When you are building a new business, it is absolutely vital to create a solid strategy for your initial business plan. But, strategy doesn’t stop there – you will go on to structure plans in various areas of your business, implement them, review them and then write a new strategy. So if this idea is new to you, let us explain a few of main types of strategies you will need to become familiar with when running a business. 

Business Strategy

How are you going to run your business overall? What is the big picture? Yeah, you know that you want to be successful and make lots of money, but how are you going to get there? Have you ever created a business plan or business strategy before? To many new business owners, this is a totally new concept. If you are one of the newbies learning all about the best ways to create a solid business strategy, head on over to our friends at Business Case Studies and see different formats of successful strategies that have been used by the best in the business. What better way to learn than to see what has worked for those before you? One thing is for sure, however you decide to learn about strategy, it is important to create one. Without a plan, your business is doomed to wander aimlessly through the competitive landscape, unprepared for battle. 

Financial Strategy

Okay so next step, you’ve got a plan to make that money – great! But with great power comes great responsibility, right? Before you start making your profit, and before you even spend your first cent on your business, you need to have a financial structure in place. What are your costs? What are your projected sales? Will you need financing? How does that cost factor in and why? While these are all the basic questions that your plan will address, you still have to know how to build effectively around them. As a business, you need to be able to anticipate your needs, as well as potential obstacles. What happens if all your new equipment breaks? What if your initial product or service is flawed? What if you need a bigger team than expected? While there are endless amounts of potential issues, what you need to worry about addressing and planning for are the issues that are most likely to arise in your industry. This is where doing your research is absolutely necessary. Need help developing a dynamic financial strategy for the new year? Check out the article from BDC about 6 Steps to Create Your Company’s Financial Plan.  

Marketing Strategy

Once you have your business plan and financial structure in place, the next important step is to focus on investing in your marketing. Too many new businesses skimp on this part of the puzzle, because they either don’t have the money to implement a marketing strategy, or they don’t deem it necessary. Marketing is one of the most important factors in growing your business – what good is it if you have an amazing product or service but no one knows about it? Some new business owners just don’t understand what marketing is. They may think it’s just posting on social media, or putting those annoying coupon flyers onto car windshields. On the contrary, it is so much more – it is anything you do to get the word out about your business. It could be as simple as having a conversation at a coffee shop about what you do. 

Marketing Companies and Specialists are there to help you if this is not an area you excel in, but however you do it, it needs to be done and it needs to be created with a purpose. Just like your business and financial strategy, your marketing strategy starts with an initial concept and then evolves over time to fine tune based on the data you gather. Trust us, you don’t want to skip out on this part. If you need the funding to invest in your marketing, we have solutions for you just give us a call. 

Looking to Start a Business?

With the opportunities for small businesses booming, why wait another moment. What else is keeping you down? Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

Forget to Plan Your “Teamsgiving”?

Don’t stress, it’s not too late and we can help.

Cooking up a great meal for a Thanksgiving feast is something we are quite accustomed to, however, putting together an office celebration can quickly become a daunting task. It sneaks up on you, just like the holiday season itself – but making sure to plan teambuilding events and recognizing the holidays are one of the biggest best ways to boost morale around the office. Have you forgotten to plan a little shindig for your team? Not to worry, we have some tips to help you put together a great gathering just in time!

Make It Interactive

Instead of relying on the age-old catered lunch, try doing something that will get the whole team to participate and bring them together. “Teamsgiving” is a popular new trend where each team member provided a potluck item and was assigned another member to present with a personalized gift of thanks. No need to break the bank – have employees make creative gifts for each other that show appreciation. Plus, it’s much more personal than your typical Visa gift card.

“Thank You” Wall

What better way to let people know they are appreciated, than to create a wall where the team members are encouraged to share what they are thankful for in each other. It’s as easy as a few packs of Post-It Notes, and starting the trend by writing one for as many of your team members as possible. Try to make sure everyone is being included, and if someone is missing a “thanks”, create the note yourself. This is a perfect chance to boost the confidence and recognize some of those team members who maybe need a little extra boost during the season. These acts of kindness go a long way. 

Storytime

Remember that play in elementary school where you had to dress up and tell the story of Thanksgiving? This year, try telling your own story instead. Recruit a few team members to help you write and perform your company’s story in front of coworkers. Dress up, include some company jokes, ask for audience interaction – make it a fun and fresh way to celebrate your company’s history.

Festive Games

Having your employees compete in Thanksgiving-related games can be a great way to bring the holiday spirit to your office thanksgiving celebration. Try Pumpkin Bowling – find the roundest pumpkin you can, set up “pins” (toilet paper rolls, paper towels, water bottles, etc.) in the parking lot or hallway, and have a company-wide tournament. Present the winners with festive prizes like a turkey or homemade pumpkin bread.

Giving

We tend to focus on the “Thanks” in Thanksgiving, which is excellent, but the holidays are also a perfect opportunity to give back to the community, especially to those who may find it difficult to find things to be thankful for. This can be done in a multitude of ways, including; volunteer time at a soup kitchen or homeless shelter; collecting food and hygiene items for those in need, sponsoring a community event, or sharing your expertise to help those who are looking to get into your industry. 

This year, taking the time to show thanks for your employees and give back to your community is the perfect way to get in the holiday spirit. And, it will make your turkey dinner taste that much sweeter.

We’d love to hear about your office Thanksgiving celebration with your team! Tag our Instagram account @unsecuredfinances to show us your creative office Thanksgiving celebrations. 

Bigger Budgets are Necessary for the Holidays!

With all the preparation, you have to factor in the budget. Why? Because you have to spend money to make money, and the Holiday Season is all about utilizing the increase to your best interest. Marketing pushes, extra inventory, extra staffing, emergency funding, holiday events- it’s all part of an effective Holiday strategy. Apply with us today to see what type of cushion we can provide for the holidays!

Looking to Start a Business?

With the opportunities for small businesses booming, why wait another moment. What else is keeping you down? Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

3 Scary Mistakes That Could Kill Your Business


At this time of year, all around you are ghosts, werewolves, vampires and all sorts of creepy monsters – but all year ‘round, businesses are faced with real terrifying obstacles. The best way to combat these scary statistics is to learn about them and be able to create your own plan of protection against these real life monsters!

#1 Poor Cash Flow Management

The number one reason why small businesses fail is cash flow. According to a U.S. bank study, 82% of all businesses fail because of poor cash flow management. Yikes!

Cash flow problems occur when the funds exiting a business exceed the inflow of funds, or when the timing of this delicate process is thrown off. Managing cash flow at the small business level is tricky. It requires careful management of accounts receivable and accounts payable, forecasting of trends, getting the best possible terms from suppliers, diligent invoicing, and above all an “I’m prepared” attitude.

Although these cash flow woes are inevitable, small businesses can prepare themselves for this predicament. Finding a funding source to help cover cash flow gaps—before they happen—can mean the difference between a successful business, and one that ends up six feet under. 

#2 Failure to Plan and Test Your Marketing Campaigns

Advertising is not marketing in its entirety—it’s only part of the pie. All your marketing efforts should be guided and informed by your marketing plan—one that aligns your tactics with your budget and goals (getting leads, building good press coverage, signing people up for demos, etc.). Similarly, give it time. Although it can hurt to invest a whole bunch of money up-front and not see an instant result, it takes time to build brand equity and foster the relationships that are needed to ensure your customers are emotionally ready to buy.

Finally, test and track your campaigns and tactics. This will give you insight into what’s working and what isn’t so you can refresh your approach and waste less money.

#3 Too Many Hires, Too Quickly

This is especially true of start-ups and those in the vulnerable first two years of business. Startups that hire too early have a 146.7% greater chance of failure than those who take a slower approach. Plus, the true cost of hiring an employee can be much higher than their hourly rate. Benefits, payroll taxes, and other expenses, such as workers’ compensation insurance, can add several percentage points onto a basic salary and burn through your revenue per employee. All this adds up to depleted cash resources when you need them the most.

Scaling back your hiring plans can equate to more hours and pressure on you—but it does give you more time to focus on your priorities without the cost and time of managing employees during the start-up phase. And, of course, you can always turn to self-managing independent contractors to supplement your own skills.

Combat your fears and start your business TODAY!

With the opportunities for small businesses booming, why wait another moment. What else is keeping you down? Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

Houston, Texas: Big Opportunities in Small Business

Top 5 Small Business Investment Opportunities in Houston

Texas, the Lone Star State, is known for oil, heat waves, and George W. Bush. Aside from those facts, Texas is also a great place to start a business; Houston in particular is a very fertile ground for small businesses. So if you are in Houston (or willing to relocate) and are looking to start a business that will thrive for years to come, there are many options to choose from. Here we have created an inspirational list of the top 5 business opportunities! 

1. Artsy boutique

Many people in Houston love artsy clothing, so there is huge demand for these special wears. You can make a lot of money by starting a small business that sells artist-designed clothing for men, women, and children, as well as accessories like jewelry, ties, and cufflinks. You can also offer custom-designed pieces.

2. Real estate

This business is a money-spinner everywhere. In Houston, there is good demand for all types of property, such as homes and other facilities. Real estate development and property leasing are particularly very lucrative. So, if you have both the startup capital and know-how required to venture into this business, you will be made within a short period.

3. Chocolate store

Houston residents are chocolate addicts, so there is a lot of money to be made in Houston from chocolate sales alone. You can open a store that offers everything from chocolate truffles to chocolate-dipped fruit to chocolate pizza. You can make them even more compelling by turning them out in various shapes—computers, animals, cars, and so on.

4. Pet care

Many residents of Houston have dogs and other pets. So, there is huge demand for pet care services. If you love animals and can take good care of them, then consider starting a business that caters to pets in a way. You can start a pet-sitting service, a boarding facility for pets, a pet food processing business, and so on. Whichever aspect of pet care you choose to venture into, you’re sure to make cool cash.

5. Car wash service

A huge fraction of Houston residents are car owners, which means there is an alluringly high demand for car wash services. No one likes to be seen cruising around in a dirty car, so car owners will readily pay you to wash and make their cars sparkle once again.

If you have no problems with getting your hands wet and dirty, then this is a cool business opportunity for you. Better yet, you can hire someone else to do the washing while you take a cut off each pay.

Looking to Start a Business in Houston?

Businesses are always evolving, and keeping an eye on the trends is one of the best ways to make sure to take advantage of the trends that are relevant to your industry. If you haven’t already started a business, maybe one of these trends will inspire you to create an entire new business.

With the opportunities for businesses booming, why wait another moment. What is keeping you down? Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

Business Trends in Houston, Texas


A positive outlook on industrial development is not just apparent in the Southeast submarket, but can be seen throughout the entirety of the Houston Metro. The staggering amount of products being built is likely due to several trends, both at the market and national levels. Despite oil being down over the past year, Houston added the third most jobs of a major MSA in 2018, signifying overall market health is not as dependent on the energy sector as prior years. Intuitively, job growth is a causal factor of the population growth Houston experienced last year. 

The increased population, compounded with the prevalence of e-commerce, creates the need for more final-mile logistics facilities. The population growth is also positively correlated with land prices. While land is getting more expensive, and interest rates are remaining relatively low, developers are choosing to build now in anticipation of Houston’s projected growth.

Vacancy 

The Industrial vacancy rate in the Houston market area increased to 5.8% at the end of the first quarter 2019.  The vacancy rate was 5.6% at the end of the fourth quarter 2018, 5.6% at the end of the third quarter 2018, and 5.4% at the end of the second quarter 2018. 

Flex projects reported a vacancy rate of 9.7% at the end of the first quarter 2019, 9.2% at the end of the fourth quarter 2018, 8.9% at the end of the third quarter 2018, and 9.1% at the end of the second quarter 2018.

Warehouse projects reported a vacancy rate of 5.5% at the end of the first quarter 2019, 5.3% at the end of fourth quarter 2018, 5.3% at the end of the third quarter 2018, and 5.1% at the end of the second quarter 2018.

Rental rates 

According to CoStar, the average quoted asking rental rate for available Industrial space was $7.44 per square foot per year at the end of the first quarter 2019 in the Houston market area.  This represented a 1% increase in quoted rental rates from the end of the fourth quarter 2018, when rents were reported at $7.39 per square foot. At the end of the first quarter 2019, Flex rates were $10.04 per square foot, while Warehouse rates stood at $7.05. 

Absorption

Net absorption for the overall Houston Industrial market was positive with 2,000,490 square feet in the first quarter 2019 but down from positive 2,416,742 square feet in the fourth quarter 2018. Third quarter 2018 was positive 2,972,855 square feet, and positive 957,709 square feet in the second quarter 2018.

Tenants moving into large blocks of space in 2019 include: Home Depot moving into 770,640 square feet in the Grand National Business Park. Plantgistix moved into 337,040 square feet at 5623 Ameriport Parkway in  Baytown and Norlyn Enterprises moved into 134,900 square feet at 9800 Derrington Road. 

Positive net absorption was most prominent in the North, Inner Loop, South and Southwest Corridors. New inventory was delivered in the Northwest Corridor which resulted in a negative net absorption.

The flex building market recorded net absorption of negative 120,275 square feet in the first quarter 2019, compared to negative 136,144 square feet in fourth quarter 2018. Third quarter 2018 was positive 198,2015 while second quarter 2018 was negative 129,603 square feet.

The warehouse building market recorded net absorption of positive 2,120,765 square feet in the first quarter 2019 compared to positive 2,552,886 square feet in the fourth quarter 2018, positive 2,774,650 in the third quarter 2018, and positive 1,087,312 in the second quarter 2018.

Looking to Start a Business in Houston?

Businesses are always evolving, and keeping an eye on the trends is one of the best ways to make sure to take advantage of the trends that are relevant to your industry. If you haven’t already started a business, maybe one of these trends will inspire you to create an entire new business.

With the opportunities for businesses booming, why wait another moment. What is keeping you down? Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

Innovation in the Sunshine State

It’s exciting to watch the entrepreneurial landscape grow not only in Silicon Valley but also elsewhere throughout the United States. Florida is just one of many states with a healthy entrepreneur eco-system.  Florida’s startup landscape is vibrant, diverse and worth taking a look at. 

Of course, Florida serves as a haven for more than just budding entrepreneurs. A few examples include Ginio.com, which is based in Miami. Ginio is a company that builds social applications that facilitate both ecommerce and online to offline commerce with the help of a vertical search system that allows users to find and compare products with friends and indulge in self-expression by creating shared wish lists.

DisputeSuite, which is based in Tampa Bay, is a company that develops niche technology and education services to assist credit repair companies with the management and growth of their businesses.

Then there’s AppRiver, a Gulf Breeze based company that provides businesses of all sizes with a simple Web security solution that incorporates the latest available spam and virus protection, email encryption and Web security.

That’s just a sampling of the many different companies that Florida’s entrepreneur eco-system has produced. Two very successful companies that are a part of that rich eco system are Tampa Bay based Cableorganizer.com, one of the world’s leading purveyors of cable and wire management-related products, and Middleburg based Pragmatic Works, a company that seeks to make technology easy to use and learn.

Is Your Innovative Idea Ready to Find its Home in Florida?

Businesses are always evolving, and keeping an eye on the trends is one of the best ways to make sure to take advantage of the trends that are relevant to your industry. If you have an innovative twist on a trending business concept, or keen intuition to a brand new idea that is needed in your community, start taking steps towards developing your business!

With the opportunities for businesses booming, why wait another moment. What is keeping you down? Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

Now Trending 2019

If you want your business to grow, you have to keep your eyes on which new products, services and marketing strategies are trending and why. Research is crucial to making sure that your business is evolving and leveling up to continued success. We have done a little digging and found 5 of the top trends in business. Take a look and see if any of these trends may fit nicely into your business strategy!

1. Behind-the-Scenes In-Store Experiences

The viral 2018 John Lewis holiday commercial from the UK department stars Elton John, who performs Your Song, as well as revisits moments from his career and childhood. As a companion piece to the advertisement, John Lewis created an in-store experience that lets shoppers go behind the scenes of the Elton John Christmas ad. 

The in-store experience includes pianos, a recording studio and even items for dressing up and truly immersing oneself in the scenes. Additionally, people are able to pick up merchandise from a pop-up shop selling items such as Elton John t-shirts and vinyl records. 

Although there is a ton of work that goes into the making of shiny Christmas commercials, displays, events and products, consumers are rarely presented with a glimpse of behind the scenes, which makes this seasonal in-store experience a standout.

2. Female Entrepreneur-Supporting Programs

The technology market is notorious for being male-dominated, so the Apple Entrepreneur Camp has been announced by the company as a new endeavor to support female-driven businesses. Set to start a pilot session in January 2019, the camp comes as the first-of-its-kind and is focused on providing specialized support as well as continuous mentoring. This new endeavor seeks to help app-driven businesses that are owned or led by women that might need additional support to excel in the market.

The Apple Entrepreneur Camp is part of the increasingly inclusivity focused market environment where establishments are seeking to offer entrepreneurs with much-needed support that could offer a competitive edge against competition. The program is presently accepting applications and is likely to come as welcome news to female entrepreneurs in the technology sector.

3. Homelessness-Combating Social Businesses

Boston nonprofit More than Words is on a mission to positively impact communities by employing at-risk youth, individuals aged 16 to 24 from the foster care system and those without a home. The multifaceted organization is dedicating to lowering homelessness rates and supporting youth in the next stages of their career. 

The Boston nonprofit resells gently used books that can be purchased both instore and online. There are about 70 people working there for about 20 hours a week. They are tentatively trained and earn minimum wage for their efforts. In addition to this, More than Words dedicates the second floor of its building to guidance for future job interviews, driver’s license applications and academic degree candidacy. 

The Boston nonprofit’s store is the perfect place to turn for thoughtful gifts for loved ones.

4. AI Browsing Shopping Extensions

‘Shopbrain’ is a web browser extension that can be activated to automatically search thousands of stores to find the best price and save consumers tons of time. For the holiday season this year, Shopbrain is introducing its newest product in the US and Canada as an AI-powered shopping assistant. 

With artificial intelligence, Shopbrain searches over 10,000 retailers, search engines and merchants to compare prices from various sellers and help consumers feel confident about making their final purchasing decision. As James Cunningham, CEO and Co-founder of Shopbrain, puts it “There is no need for shoppers in this digital age to be wasting time manually researching deals and the best prices.” 

While the tool will undoubtedly help many online shoppers who are gearing up for Christmas, the web browser extension also has value for those who are looking to find the best Black Friday and Cyber Monday deals.

5. Social Data Management Platforms

The amount of social data being created can be staggering to comprehend, so the ‘Tify’ platform aims to make the process of managing it for businesses far more efficient.

The platform will offer users with real-time access to what is being said about their brand and pinpoint opportunities for making adjustments with this information in mind. Users can also use the data collected to make predictions about how to proceed rather than relying on a rigid framework that was created in the past to keep businesses more agile in the face of a changing marketplace.

The ‘Tify’ platform could help to effectively improve a business’s ROI when it comes to marketing to make every dollar spent work harder.

Which Trends Can You Integrate into Your Business?

Businesses are always evolving, and keeping an eye on the trends is one of the best ways to make sure to take advantage of the trends that are relevant to your industry. If you haven’t already started a business, maybe one of these trends will inspire you to create an entire new business.

With the opportunities for businesses booming, why wait another moment. What is keeping you down? Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

The Small Town Hustle – Part 1

10 Businesses That Every Small Town Needs

City living isn’t for everyone. Sometimes you just get to a point where you would like to dwell in a small town, on the outskirts of nature, and enjoy the simpler things in life. Who says you can’t still run a successful business in a town like that? We have a list of 10 business every town needs. If opening a business in a small town sounds like music to your ears, then take a look and see if one of these businesses piques your fancy. 

1.Grocery Store

Everyone needs to buy groceries. And small towns aren’t usually attractive targets for huge chains, making them perfect for independent grocers. What better way to get to know all your neighbors, than to provide them with the sustenance they need? 

2.Convenience Store

Small town shoppers also need a convenient place to buy drinks, snacks and other items that might not require a full grocery shopping trip. This could include quick pick-up items such as batteries, earphones, and even oil for the car! In this business, you can get really creative and try out different mixes of essentials and novelty items to see what fits your area the best.

3.Gas Station

Help local drivers fill up their tanks and get some extra business from those who are just passing through by opening a small town gas station. Like a convenience store, gas stations can also carry a select amount of snack items and drinks, along with other knick-knacks. Live in a small town with a history? Snag a couple of touristy items to put alongside the register – it’s a great place to tell your town’s story!

4.Pharmacy

Independent pharmacies fill prescriptions from local patients. And they can also offer a small selection of products for sale. Everyone gets a little under-the-weather sometimes, so pharmacies are essential for making sure that people have what they need to get better fast!

5.Hardware Store

Local hardware stores offer all the products local residents need to fix things around their home. And they’re also known for providing personalized service and helpful expertise. You’ll find that in a small town, people are a lot more likely to fix things themselves if possible. Hardware stores ensure that they can get the job done properly!

Want to hear some more options for starting a business in a small town? Check back with us next week for part two of business that are needed in a small town!

Interested in Opening a Business in a Small Town?

With the opportunities for small businesses booming, why wait another moment. What is keeping you down? Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

Getting Tricky With It


5 Tips and Tricks to help when applying for a business loan

There are endless suggestions from experts in the field about how to increase your chances of being approved for a Business Loan or just simply to maximize the amount you will be approved for. You definitely want to have all your affairs in order, and you want to use a professional approach. Here are a few tips that help bolster your chances. 

  1. Polish Your Business Plan & Executive Strategy

The “shinier” you appear as a candidate, the more likely your chances of getting approved for the amount you want. Going into this process, you will want to look over your existing business plan and executive strategy. Bring in a second pair of eyes, and pinpoint any places that you could buff up. Lay out exactly what it is that you do as a business, how this will earn profits, and why consumers will buy from you. You can also discuss the market opportunity, the competitive landscape, and why your company has an advantage. When applying for your Business Loan, you want to convince the lender that you have a great idea as well as the means to carry it out and be successful. 

2. Talk About Your Current Business Projects

Talking about your current plans for the business and what you are going to continue doing that has worked in the past, is another way to demonstrate your drive and entrepreneurial spirit. It shows the lender that you have the ability to examine the things you have created, and have learned from their successes or failures. Demonstrate how the Business Loan would be used for investing in evolving the projects based on your analysis of past performances, and in turn how this will grow your business.

3. Invest in Accounting Software

The underwriting department relies on strong figures and ratios, so you need to make sure your bookkeeping is in tip top shape. For this reason, you should invest in an accounting software that provides an organized presentation of your financials. Since the approval process for the Business Loan depends on an accurate representation of where your business stands, a reliable accounting software will make a good investment for your business.

4. Maintain a Great Credit Score

This is a big one. Although different lenders have varied credit score requirements, having a high personal credit score – ideally 700 – will significantly help with yourBusiness Loan application. Most lenders consider both your business and personal credit scores, so make sure you maintain a good score for both. Your credit score should be verified by the three major credit bureaus. If your score isn’t where you need it to be, don’t panic – there are many ways to improve your score, so start taking the first steps. 

5. Resolve Any Tax Liens or Past Due Payments

If you have open tax liens or more than 30 days of late payment, it can be more difficult for you to get approved for a business loan. It will also increase the process length, as you may have to prove that you can manage your finances better. It’s best to set your credit record straight and have no issues with your taxes and other obligations to make your Business Loan application less stressful. This will do you a world of good.

The Time is NOW

With the opportunities for small businesses booming, why wait another moment. What is keeping you down? Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

Turn Up the Volume

Taking a Listen to the Business Side of Being a Musician in California

It’s no secret that people flock to California to fulfill their dreams of becoming a musician. Obviously, having the skill and the passion is a huge (necessary) part of making it big, but what type of business savvy is involved? Have you ever wondered what is required to become a musician? Or that being a musician is a business? Let’s take a look at what you may need to get started. 

As an individual embarks on their chosen journey, a career in music and in the music business, it is essential for them to have a basic understanding of the complexities and formalities associated with operating a legitimate business. You should treat your “musical career” as a full-time occupation in order to prosper and succeed on this journey.

In fact, in order to better protect their personal assets, many musical acts typically create a business entity, such as a corporation or limited liability company (LLC). These limited liability entities shield the owners from personal liability for any claims arising from any contracts or other arrangements entered into on behalf of the individual through its corporate or LLC entity.

Generally, these individual’s business entities are called a “loan-out company”. These loan-out companies typically enter into a contract with a third-party as part of a loan-out agreement. Ultimately, the corporate entity, not the members of it, is liable for any debts or contractual obligations of the entity and creditors generally cannot recover against each individual’s personal assets. This protects a person’s assets from judgments or outstanding debts.

For example, this is beneficial if you are a member of a four-person musical group and during your live performance, a member spills a drink on the club’s soundboard and destroys it. If the live performance agreement at the venue is solely entered into with the band’s loan-out company (which it should be), the loan-out company will be the only party contractually responsible for the damaged property and each member will not be personally liable for the damage. The venue’s only recourse is to go after the corporate entity (which may not have assets) and, not each individual band member, for payment to fix or replace the broken equipment.

While shielding an individual from personal liability is one of the most important advantages of creating a corporate entity, there are also several other important benefits for an artist’s career. One is that having a separate corporate entity permits the musician to open a corporate bank account in an assumed name. This also facilitates easier tracking of your expenses and permits the deduction, or “writing off”, of relevant properly documented business expenses.

In order to determine a corporate entity’s eligibility for these deductions and not have the Internal Revenue Services (I.R.S.) categorize your musical career as “a hobby” (which disallows the deducting of your losses), the entity must substantiate that they are actually carrying on the business activity (music career) for profit or to attempt a profit. Since most artists do not typically make a profit and end up incurring losses for great spans of time, they may be permitted to deduct these documented losses on their tax returns.

It is also important to organize and document these expense records in case the tax authorities are interested in a more detailed examination of them. Keeping copies of receipts and utilizing a separate credit/debit card solely for entertainment related expenses makes it easier to target the deposits and credits to the corporate account.

Another benefit is that a corporate entity typically is governed by a written contract (an operating agreement for an LLC or a shareholder agreement for a Corporation) that outlines how the entity will operate. This includes an outline of the split of any profits and losses among owners.

Also, it specifies how any management decisions shall be addressed and how additional owners and members can be added (or removed) to an entity. These companies also provide easy management over any artist owned intellectual property (i.e. sound recordings, audio-visual works, photographs, logos) for licensing and distribution purposes as well as any tangible property (e.g., studio recording equipment, instruments, mixers).

Without these outlined procedures, it may be very difficult to make certain career decisions, especially when more than one individual may be involved in these important career choices.

While these business entities provide numerous benefits to its owners, there are potential ways a third-party can “pierce the corporate veil.” That is an attempt to attach an individual’s personal assets and disregard an existing corporate entity’s protection of its owners. Thus, it is essential that the company follows any and all statutory procedures and guidelines, which are different in each state.

It is vital that the entity is utilized for a proper purpose and not just merely as a shield from personal liability. Some of these corporate formalities include the preparation of annual corporate minutes to ensure the corporation is a real functioning entity. Also, careful use of business bank accounts as well as their separation from personal accounts are crucial formalities to follow.

Some labels may even require the creation of a corporate entity to permit accounting and payment by utilizing the entity’s Tax-ID/EIN number as opposed to paying an individual personally. An E.I.N. is an employer identification number and is analogous to the company’s social security number.

A final note, every individual must file its own personal federal as well as, possibly, state tax returns for the state they live in; however, an entertainer may have to deal with separate personal state tax issues in several states that they earn income from. Again, please consult an accountant or tax representative regarding the appropriate filings.

This article is not intended as legal advice, as an attorney and/or an accountant specializing in the field should be consulted.

Applying for a Business Loan with an EIN Number

So what is involved when you are applying for EIN funding /a business loan with an EIN number? Using an Employer Identification Number, or EIN number, can only legally be done as a business entity. Using an EIN in place of a social security number on a personal credit application is a crime. However, legitimate businesses with an EIN number and other corporate documents, such as a license and state incorporation, can apply for loans and credit cards. In some cases, however, the owner’s social security number may still be required.

When you are applying with us for your business loan, provide your EIN number along with the company information, such as the year it started and the nature of the business.

Decide if your loan needs also include credit cards. If so, these are fairly easy to obtain using an EIN number and other business information. Start with office supply stores, such as Staples, and then move on to department stores, gas stations and major credit cards.

With the opportunities for small businesses booming, why wait another moment. What is keeping you down? Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans , No Doc Loans , and EIN Number Funding are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584