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

Easy as Pie; Starting a Catering Small Business in California

It’s a delicious idea, to start a business where you are creating and serving food to the masses! However, while you may have all the food experience you need, make certain to read up on all the state or even city-specific rules and regulations for starting a business in the food industry. Lucrative as it may be, there are many sensitive regulations put on food service as a whole, and we have done some digging to help you get started.

Where to Cook or Bake

Home Kitchen

In California, you are able to register your home kitchen to make certain types of food. Here is a list of the approved types of food you can create and serve as a catering business, from the comfort of your own home:

  • Baked goods without custard, cream, or meat fillings (including breads, biscuits, churros, cookies, pastries, and tortillas)
  • Dry baking mixes
  • Candy, such as toffee or nut brittle
  • Dried fruit
  • Chocolate-covered nonperishable foods, such as nuts and dried fruit
  • Fruit pies, fruit empanadas, and fruit tamales
  • Granola, cereals, and trail mixes
  • Herb blends and dried mole paste
  • Honey and sweet sorghum syrup
  • Jams, jellies, preserves, and fruit butter that comply with the standard described in Part 150 of Title 21 of the Code of Federal Regulations
  • Nut mixes and nut butters
  • Dried pasta
  • Popcorn
  • Vinegar and mustard
  • Roasted coffee and dried tea, and
  • Waffle cones and pizelles.

Keep in mind, these are the most popular types of foods requested to make from your own kitchen as a catering service. If you are curious to learn what else you could cook from your kitchen, check out the complete list of California approved foods by visiting the California Department of Public Health.

What is Your Business Structure

Many home-based food businesses are intended to be small. California restricts cottage food businesses to an individual operator with no more than one full-time employee. The state also limits the amount of money a home-based food business can earn each year.

If your business is very small, running it as a sole proprietorship may be the only economically viable option. Keep in mind, however, that as a sole proprietor, you are personally responsible for every aspect of the business – from paying taxes to absorbing the risks of a lawsuit if your food products cause illness or injury to a customer. If you operate as a sole proprietor, you should purchase liability insurance to protect your personal assets.

If you can afford it, consider choosing a business entity that protects you from personal liability, such as a limited liability company or corporation. These business structures ensure that your food business, not you personally, would be responsible for any damage if someone were sickened or otherwise harmed by your product.

Getting Licenses and Permits

You must get a permit from the county health department to operate a home-based food business in California. You can choose from two types of permits, depending on whether you want to sell products directly to customers or through other local businesses like shops or restaurants.

Class A permit.

You can get a Class A permit if you want to sell only directly to customers within the state of California. With a Class A permit, you can sell at farmers markets, festivals, from your home, or in other ways that allow individuals to purchase products directly from you. To get a Class A permit, you must complete a self-certification checklist, but there will be no physical inspection of your kitchen.

Class B permit.

You need a Class B permit if you want to sell indirectly to customers – for example, through stores, restaurants, or other venues that will sell your products for you. In California, you may not sell indirectly outside of your own county, unless the county where you want to sell has specifically stated that they will allow indirect sales of cottage food products. To get a Class B permit, your kitchen must pass an annual physical inspection.

Required information.

When you apply for a Class A or Class B permit, you will be asked to provide information such as the following:

  • Ingredients or recipes for all of your products
  • A list of sources for your ingredients
  • Copies of labels for each product
  • A description of your packaging
  • A floor plan of your kitchen
  • A list of your equipment, utensils, and food contact surfaces, and
  • A certificate showing you have completed a food processor course approved by the California Department of Public Health.
  • You must also obtain the licenses and permits required of all businesses, such as a local business license and – if your business uses a name other than your own – a fictitious business name registration.

Food Safety

To operate a home-based food business in California, you must complete a California Department of Public Health food processor course within three months of obtaining your cottage food permit. In addition, your business must comply with extensive health and safety rules, including the following:

  • You may not conduct domestic activities in your home kitchen – such as family meal preparation, dishwashing, clothes washing, or entertaining guests – while you are preparing cottage foods.
  • No infants, small children, or pets may be in the kitchen while you are preparing cottage foods.
  • All kitchen equipment and utensils used to prepare cottage food must be kept clean and in good repair.
  • All food contact surfaces and equipment must be washed, rinsed, and sanitized before each use.
  • All food preparation and storage areas must be free of rodents and insects.
  • No smoking is allowed in the kitchen during the preparation or processing of cottage foods.
  • No person with a contagious illness may participate in the preparation or packaging of cottage foods.
  • Hands must be properly washed before food preparation or packaging.
  • Water used to prepare cottage foods must be potable. This includes water used for washing hands and equipment as well as water used as an ingredient.

Insurance

There are unique risks associated with food businesses, from food-borne illnesses to foreign objects like glass or plastic in food. These are added to typical business hazards such as fire, theft, or an employee who slips and falls on the job. Don’t assume that your homeowners or renters insurance policy will cover your home business operations; it probably won’t. You must carefully evaluate your existing policies and then contact a qualified insurance agent to purchase the additional insurance you’ll need.

To find a good insurance agent, ask other food-business owners for recommendations. Look for an agent who has experience writing policies for food businesses and make sure all major risks are covered. General commercial liability insurance should cover everything from an employee who is burned by boiling water to a customer who gets sick from eating your food.

If you use a car or truck for deliveries or other business travel, be sure it is also properly insured.

Hiring Employees

In California, other members of your household or your immediate family members may help you with your cottage food business. Beyond that, the law allows you to hire only one full-time employee.

If you decide to hire an employee, you should learn about basic employment law issues such as hiring rules, how to avoid discrimination, and how to handle money matters like taxes and workers compensation.

Funding

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!

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.

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

EIN 411: All About EIN Numbers & How to Apply for a Business Loan


What is an EIN?

A federal employer identification number, or EIN, is a nine-digit number the IRS assigns to businesses for tax filing and reporting purposes. The IRS uses the EIN to identify the taxpayer. EINs must be used by business entities–corporations, partnerships, and limited liability companies. However, most sole proprietors don’t need to obtain an EIN and can use their Social Security numbers instead. Even so, you may want to obtain an EIN anyway.

For more information about EIN Numbers and whether you need one, visit the IRS website: https://www.irs.gov/businesses/small-businesses-self-employed/do-you-need-an-ein

What is Business or EIN Funding and Why Do I Want it?

EIN number funding can be in the form of loans, lines of credit and business credit cards put under the EIN # of your business. It’s a separation of your business and personal credit. The EIN # is the social security number of your business and can get funding under it. It’s useful to separate your personal and business credit and to build your business credit profile up at the same time. Personal credit scores have to be high to guarantee funding on the business side.  The main reason EIN funding is useful is because the debt does not show up on your personal credit report. Clients can have multiple corporations, LLC’s or partnerships and qualify for funding under each of them.

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 (see Resources), and then move on to department stores, gas stations and major credit cards.

Don’t Wait – Start 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 , 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

Jumping on the Food Truck Business in Florida


Floridians are obsessed with the novelty of food trucks. Over the past 10 years, this craze has proven to be more than just a temporary trend emerging in local communities. With the ever-growing art and brewing culture, it is only natural that having good food options would complement the events. What started as holiday or weekend festivities has turned into a daily offering of great new experiences for locals, whether they are going out on a first date, or organizing a meet-up with friends.

What were once known as “roach coaches” have become some of the most sought-out food eateries in major cities. If you’re looking to start your own small business – and you don’t want to go the traditional office or storefront route – then you might consider starting a food cart or food truck.

But while this business type is fun to run, it’s no easy task. Some of the most successful owners report 60-hour work weeks. The rewards, however, can be great – from media attention and social media fans who swarm when you arrive, to the satisfaction that you’re providing a decent meal to the hungry.

If these goals and working style draw your attention, consider this ten-step plan for food truck success.

Licensing

Nothing’s simple in the small business world, and you can’t just drive a food truck or set up a cart wherever you’d like. Cities have various requirements, including health department certificates, truck permits, and parking restrictions. Every city has its own policies, so contact your local government to get the facts.

Be prepared for obstacles. Some cities put a cap on the number of truck permits that they will issue. If they’re maxed out, you’ll be on a long waiting list since some permits don’t expire for 15 years. Other communities don’t allow food carts or trucks to park in public space; you’ll have to find private parking with access to a crowded area, which is a very difficult task. Once you’ve figured out how to get the licenses and permits you need, it will be smoother sailing. Check out some of the legal requirements for Florida here.

Truck or Cart?

If your funding  is tight, then a food cart may be the best place to start. You should be able to find a cart for about $2,000, which is much more affordable than the $100,000 that it takes to buy a new food truck.

Why are they so expensive? Health departments have the same rules for food trucks as they do for restaurants, so your vehicle will need expensive specialty equipment. If you want to get a truck without shelling out the six-figure cost, you can probably find a fully prepared used truck between $20,000 and $40,000. Check online sites like UsedVending.com or CommercialTruckTrader.com to find good deals on used trucks in your area.

Before settling on a truck or cart, plan out exactly what you’ll need to run your business. If you intend to sell pizza or other hot foods that you’ll need to prepare on-site, you’ll need a large truck. If, on the other hand, you can prepare food in advance in your home or commercial kitchen, then you can just keep your wares warm in a cart or smaller truck. Picture the hot dog vendors who keep their dogs warm in their sidewalk carts. Because this will be the largest expense in your new business, you need to get it right. After all, you don’t want to spend $40,000 on a truck when you can do just as well with a $2,000 cart.

Choose a Niche

To run a successful food truck business, you may want to forget about tacos and cold sandwiches. The most well known and loved food trucks serve gourmet cuisine, delicacies from other countries, healthy foods, and artisan desserts like unique cupcakes and exclusive chocolates.

Do your research to find out what popular food trucks already exist in your local area, what types of food are oversaturated, and dream up an appealing concept that is sorely needed in your community.

Financing

If you have the dream 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!

Create a Business Plan

As with any other business, you’ll need to dedicate time and research to your business plan. Once you have your loan squared away, research the costs of permits, cleaning equipment, ingredients, and other costs, and figure out how much you’ll need to sell every month to make a profit. If this is your first time writing a business plan, take a look at the U.S. Small Business Administration’s basic tips. Remember that the better planning you can present, the better your chances are for getting the best financing to start your small business.

Getting Insured

Your mobile business will require some major insurance costs. Think about the risks involved with a business that is moving around from location to location. Talk with an agent, and describe exactly what purpose the truck will serve. Depending on the equipment needed to create and serve your patrons, these details will factor into the type of insurance you will require.

Where to Park

If you are planning to go big and get a truck instead of a cart, you’ll quickly find that there can be some issues when it comes to parking. Consider if your neighborhood association let you park it in front of your home. If you have off-street parking, will it be safe overnight with all your equipment? Some health departments require that vendors park only in approved facilities with refrigeration and electricity. You may be able to rent a private parking space so you’ll be sure to have a place to go that’s safe and legal. Do your research to discover what guidelines to follow for your area.

Network

The food truck business isn’t just about setting up in crowded areas during lunch. Many vendors also generate brisk business by catering special events and corporate functions. Event planners will pay you to be on their property during an event so the attendees will have access to good food and a high-profile brand name.

Join local associations and organizations that cater to business owners in your community, like the Chamber of Commerce. Use your networking skills to meet the people who can pass along your name as a recommended caterer.

Take Advantage of Social Media

Social Media is the best way to generate a buzz around your business. People love to check in to the places they are visiting and food trucks are no different. Many trucks utilize Twitter and Instagram to announce where they will be appearing, and the greater your following, the more patrons will seek you out to experience more of the goodness you serve. Create a catchy hashtag that satisfied customers can use to tag the photos they will snap of your yummy offerings. Happy customers will do the marketing for you!

Don’t Stop

Once you’ve built up your following and your brand has taken off, start thinking about merchandising. You can sell t-shirts and promotional items online and in person. The bigger your brand and the more unique your idea is, the more willing your customers will be when it comes to advertising for you by wearing a cool sweatshirt or hat. In addition, once you have some recognition, you’ll be able to approach local grocers and coffee shops about selling your food in their shops.

Florida, 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

10 Steps to Start a Microbrewery in Florida

Anyone who lives in Florida – South Florida in particular – will tell you about how popular microbreweries are. You would think that by now the market would be totally oversaturated, but that couldn’t be farther from the truth. The culture is still growing faster than ever. Everyone is looking for a new cool spot to hang out, and in areas where there are already brewing establishments, people are attracted to the ability to hop around between locations. This is a great draw during art and music events. If you can cultivate your own little micro community of breweries with their own individual atmospheres, it really just generates an appeal to the community and draws in more business. So this is your dream, but where do you start?

Mixing Magic

This requires a little more than your basic knowledge of beer. You should understand how to make it, and further more, you should experiment with different brew recipes to find your specialty and determine what you wish to sell. Most brewers opt to sell several types of custom beer — some light or pale varieties and some darker beers. If you don’t understand what this means, you definitely need to start educating yourself. Being a successful brewery is more than just liking beer.

Do Your Research

If you want to create a concept that hasn’t already been done, or if you want to create a fusion of your favorites, you must visit other brewpubs and microbreweries to see what works and what does not. It’s recommended to go into these visits with a good understanding of the industry by reading books, trade magazines and websites. When you go on your visits, prepare some questions to ask those that work there, and the owners if possible.

Location, Location, Location

Scout a location for your brewpub or microbrewery and determine which you want to open. An establishment that makes and sells beer is a microbrewery; a business that makes and sells beer along with food in a restaurant is considered a brewpub. The right location will accommodate your business needs by being; large enough for brewing equipment; in a high-traffic area; and in compliance with zoning regulations. Buying or leasing a location that was previously used as a brewpub or microbrewery can help, because the building may include some equipment and be set up for kitchen and dining areas.

Put Your Plan Together

Develop a business plan and do a feasibility analysis. Include information about your proposed business, such as business location; the types of beer you plan to sell, including ingredient specifications and suppliers; the volume of business you anticipate; and a marketing plan. The plan should include specifics about how much beer you plan to produce and sell and what level of sales will make the business profitable. Outline whether you plan to sell food and what the menu will include. The business plan must also explain how you plan to fund the business. The feasibility analysis will help you determine how solid and financially sound your business idea is.

Financial Planning

Opening a brewpub or microbrewery can cost as much as $25,000 to start up, at the time of publication, plus an additional investment if revenue does not meet initial goals. If you have the dream 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!

Hop on Those Ingredients & Equipment

Buy beer-making equipment and ingredients. You will need brew kettles and tanks as well as other supplies — boilers, refrigeration, and filtration equipment — to make the beer. Develop a relationship with vendors who will supply ingredients — such as barley, hops, yeast and flavorings — and materials for your business. Also plan to buy items for your location, from tables and chairs to decor and dishware to glasses for your brew.

You Definitely Need a Business License

Apply for a business license, insurance and any applicable alcohol-beverage-control licenses, which vary by state.

People Make the Business Successful

Hire a good team to support and run the business. You will need someone to handle business finances, a lawyer to oversee contracts and help with licensing, an accountant to handle taxes and staff to keep the brewpub or microbrewery running. MrGoodbeer.com recommends working as a bartender before opening your brewpub or microbrewery or hiring bartenders to get a feel for the business operation and clientele. If you plan to serve food, hire a professional cook or chef.

Spread the Word

Market your business. The best way to get people to try your brew is to get the word out about it. You may have to sell your product under cost initially with promotions such as “Happy Hour” specials that include discounted beer. Watch your sales and keep the most-bought ales in supply — customers often choose beers that taste similar to mainstream brands. Having a product that people want and good customer service will bring customers back.

Florida, 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

How to Start a Fitness Center in Florida

Fitness is on everyone’s minds these days, and there is no better time to start a fitness center, gym or training facility. Whether the goal is to become a personal trainer, create fitness workshops, or just start a gym, everyone wants to get a piece of the action. Florida is right up there leading the health and fitness movement. With beautiful beaches, tropical climates and celebrities galore, the pressure is on for everyone to stay in their best shape.

So how to do you take the first steps towards making your own fitness business a reality? We have 8 steps to follow to successfully start your own gym or fitness center.

Get Certified

You don’t necessarily need to obtain a professional fitness qualification before starting your own gym, but accreditation from groups like The American Council on Exercise or the International Health, Racquet and Sportsclub Association could ultimately bolster your chances and make it easier to obtain a business loan. It shows knowledge, dedication and credibility.

More important still, it’s definitely worth obtaining a personal trainer or fitness certification and trying out these roles in a non-management capacity before you hop right into the deep end and  start your own gym. Not only will you be able to test the waters to ensure you’re happy with the industry, but you’ll also be able to make contacts and develop a client base that will follow you to your new gym.

Find Financing

Once you’re content within the industry and know what type of gym you’d like to set up, you’re going to need to suss out where you’ll find the money to start up. Experts say it usually takes around $50,000 in order to set up a gym — but a lot of that will depend on where you’re setting up shop. Fortunately, we have the knowledge and experience to help you obtain the funding needed!

If you have the dream 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!

Be Strategic About Location

Location will most likely be a key factor within your business plan, since location is often critical to a gym’s survival. First and foremost, you’ll want to do a bit of market research about your anticipated client base. Figure out what key demographics will account for the bulk of your foot traffic, and figure out where a high concentration of those individuals can be found. Accessibility and convenience are important to most gym members. Try and find somewhere readily accessible by car, foot and public transport.

Meanwhile, you’ll need to be thinking about rent. Renting is the best option for brand new businesses, and this will need to be factored into your initial operating expenses. You must also ensure that you’ve got written permission from your landlord or the building’s owners to make alterations or conduct building work. After all, you may need to alter the property layout in line with regulatory guidelines.

Source the Right Equipment

Once you’ve got financing and the perfect location, you’ll need to turn your empty space into a vibrant gym. That will take a lot of equipment — and it won’t come cheap.

You’ll definitely need to purchase basic free weight equipment for serious lifters. That includes bench presses, squat racks, dead lift mats, dumbbells and racks for curls and dips. You’ll also want to have cardio equipment like bikes, rowing machines and treadmills. For reference, you can track down a decent treadmill starting at around $150 each. But depending on your startup size, you may want to buy multiple machines. Isolation equipment like leg press, tricep extension and chest fly machines are also popular gym staples.

Gyms with classes also tend to be significantly more successful, so consider leading (or hiring someone else to lead) Zumba or yoga classes. You’ll need studio space and communal equipment for these classes. It all adds up very quickly, but it’s all essential in order to ensure you have the equipment your members will expect. It will be well worth it!

Consider Licensing Requirements

As a gym owner, you’ll be expected to apply for most of the permits and licenses that any other business owner would need to obtain. You’ll need to register for an Employer Identification number and local and federal taxes. Unlike most businesses, you probably won’t need to apply for a federal business licence, but you will be forced to comply with a range of state oversight. In California, for example, licensed gyms are required to have automated external defibrillators and staff trained in CPR. You’ll also need a written emergency plan developed by a physician.

On top of various state licensing guidelines, you’ll also need to observe municipal rules on building and business zoning. When in doubt, you should always consult a legal expert before firing off permit applications willy-nilly.

Understand Your Insurance Needs

If you plan on starting a gym, insurance is absolutely crucial. It’s important for any business owner. But loads of people are going to be taking part in potentially hazardous activities on your premises on a daily basis. High-intensity exercise can be unsafe for some, and so you’ve got to ensure both patrons and your business are legally and financially protected from major accidents.

In addition to your ordinary, run-of-the-mill business insurance, it’s worth taking a look at gym liability insurance. Depending on state or municipal laws, liability insurance might even be an operational requirement before you’re allowed to obtain a permit. If you’re forking out a reasonable amount of money on equipment, you may also want to consider equipment coverage as part of a separate policy.

There are several insurance providers that specialize in these types of coverage. It’s also worth including a clause within member contracts that will prevent them from pursuing legal action against you or your business in the event of a self-caused injury.

Hire Wisely

Most startup owners spend an unhealthy amount of time on the job — but you can’t possibly run a gym without some help. And you’ll need to ensure you’re hiring qualified and accredited individuals to join the team.

A good idea would be to aim for multiple in-house personal trainers or bring in trainers on a freelance basis to offer your patrons guidance. That said, you should vet each individual and ensure they are properly certified. Likewise, if you’re offering classes, you’ll want to bring in licensed or accredited instructors who know what they are doing. If you’re bringing them in as independent contractors, you should make sure they are personally insured, too.

Get Started

Once you’ve got insurance and have met all permit and licensing requirements, you’re almost ready to get started. As you’re setting up your new premises, be sure to consult municipal authorities to ensure you are meeting any layout requirements that may exist. You’ll also need to ensure you’re properly supplied in terms of utilities, get everything set up and provide adequate induction training for staff to ensure everyone is on the same page prior to your start date.

From there, it’s simply a matter of marketing  your business and doing everything else you can do get people in the door. As outlined, it always helps to have your own steady client base handy in order to have an initial, built-in customer base. That may also be a deciding factor in the personal trainers or class leaders you ultimately bring on as staff.

But in terms of appealing to new clients to win your local market share, you should always start online. Social media and the web can be very helpful in marketing your business. That being said, traditional local advertising is also something you will likely need to consider. Be creative. Know your demographics, and reach out to those individuals wherever possible.

Just remember that no two businesses are alike, and you may run into a few unanticipated hurdles along the way. You’ve just got to roll with the punches — and when in doubt, never be afraid to seek out professional advice.

Florida, 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

Top 10 Best Business Opportunities in Florida 2019

In case you haven’t been keeping up with our latest blogs, we want you to know what a good time it is to invest in Florida businesses. Whether you are going in with a partner, or you have decided to start the business completely on your own – here is a helpful list of the top 10 Florida industries to invest into for 2019 (Stay tuned at the end of the post for helpful information about obtaining funds).

1. Fitness/recreation business: exercise has long been found to be the bedrock of healthy living, and almost everyone wants to boast of having visited the gym at least once or twice in a week. With this trend, opening a fitness center would surely pay you, and considering the population of Florida, you may likely make a success out of your business if you have the right marketing strategies.

2. Retail: retailing is not a novel business idea, but it is still thriving as far as the economy is still viable. If you have good marketing skills, you can choose a niche and start your retailing business. You can approach manufacturers and offer them your services. If you build trust with them, you could be given goods on credit for you to pay later.

3. Wholesale and distribution: similar to retail, you can start a business where you become wholesale distributor for companies. Note that this business may be a bit capital intensive, but you can also start it on your own capacity and expand it as you go along.

4. Advertising and promotion: with a lot of big and small businesses in Florida competing for the market, a business centered on advertising and marketing would be quite profitable in the state. If you are good with putting up promotional materials that can draw people to the products you are marketing, then maybe you should set up an advertising service.

5. Microbrewery: Microbreweries and craft beer remain greatly popular in the United States. The industry was worth more than $22 billion in 2015. If you are a craft beer hobbyist, it might be time to take your recipes to the next level. You could make unique beers and sell them at select pubs. The selling point for microbrewery is their emphasis on unique flavor, the quality of their beer and their brewing technique.

6. Food truck: The food truck industry is growing an alarming rate. In 2015, the industry’s total revenue was $1.2 billion, with a five-year increase of 12.4%. For those with big culinary dreams but small risk tolerance, food trucks are a winning alternative to restaurants. Food trucks are much less expensive to start and operate, and the failure rate of food trucks is much lower than conventional restaurants.

7. Remote employee monitoring: most employees need to be monitored before they can produce effective results. The interesting thing is that you don’t just monitor physical employees, you can equally monitor those that work remotely. Since the typical workforce is becoming more and more remote, so it then means that the remote employee monitoring service is booming. You can start this business and offer your services to organisations in Florida.

8. Virtual reality: the virtual reality world is really gaining momentum. It has been found that people bought over 12 million VR headsets in 2016. You can leverage on this healthy business to make money in Florida.

9. Healthy vending machines: the healthy vending machine industry is grossing over $42 billion because people now want to eat healthier. With about $30,000 to $225,000 at hand, you can become the operator/owner of a healthy vending machine franchise. This industry is still growing and it would not take much of your time because it is a mostly passive business.

10. Software school: If you are familiar with the use of specialized software, you can build a business around teaching people how to use everyday software like Photoshop, QuickBooks etc. You can start by giving private lessons where you charge hourly, then you can grow it into a small group session and charge for complete tutorials. You can always hire other specialists and diversify.

Florida, 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

Owning a Florida Franchise 101


What is a Franchise?

Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented, a franchisor licenses its know-how, procedures, intellectual property, use of its business model, brand, and rights to sell its branded products and services to a franchisee. In return the franchisee pays certain fees and agrees to comply with certain obligations, typically set out in a Franchise Agreement.

Simply put, a franchise is a business opportunity that allows the franchisee (possibly you) to start your business by legally using someone else’s (the franchisor’s) expertise, ideas, and processes. In some cases, this means also having the right to use the franchisor’s established name and branding, as well as their already-tested business model. In other cases, this means the right to resell (or distribute) a franchisor’s product.

More completely, a franchise is the right to use someone else’s business system. As a franchisee, you purchase this right by means of a franchise fee and in accordance with a contract, called a franchise agreement. In return, the franchisor maintains the business process and you agree to operate your business according to their model.

When you hear the term “franchise”, the most familiar example is fast food-such as Wendy’s, McDonald’s, or Burger King. The important thing to note is that these Franchisors are not just selling burgers; they’re selling a consistent way to run a business that sells burgers. This includes marketing, advertising, recipes, the look and feel of the facility from which you, too, would sell burgers, and the very well-known branding that goes with that system.

Fast food and restaurants are not the only examples of franchises, though their success is probably what brings them first to mind. Just about every industry you can think of includes a successful business practice sold as a franchise-from janitorial services to tires to haircuts. There are as many different franchise business systems as there are goods or services that people wish to use.

What are the Franchise Opportunities in Florida?

Florida is bursting with opportunities to start a business from scratch, or to go the franchise route, which allows you to work with a business concept that is already running. Whether you decide to start from the beginning and develop something new or choose a franchise is completely dependant upon what role you would like to have, how you want to invest your time and money and the risks involved.

With that being said, there are many franchise opportunities available in Florida, and there is no better time to get involved than right now. There are a few franchises advertised on the Franchise Direct site. For a complete list, click here.

Healthy YOU Vending

With the health craze taking over Florida, this business is a great opportunity for those interested in health and wellness, especially as it is currently the nation’s largest supplier of healthy vending machines.

Omega Learning® Center

Learning is going remote and digital all over the world, so it only makes sense for tutoring and educational services to be available online. Omega Learning® Center is the next generation of educational learning centers, providing a “one stop shop” for all educational services. Omega Learning® Center has successfully bridged the gap between three expansive and thriving US markets: tutoring, private school, and home school.

Tapout Fitness

Along with Florida coming into a more health-minded state-of-mind, it only makes sense that fitness follows along right after it. The Tapout Fitness opportunity brings the “best of the best” in the fitness sector to its franchisees, providing some of the most powerful tools in the industry to help you become successful.

Florida, 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