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What is CrowdFunding and How Does it Work?
Crowdfunding for your small business offers a unique and innovative way to acquire capital without the hassle of traditional methods, such as loans or investments. The basic idea is simple: you create a project online that presents your business plan, set up a crowdfunding goal for how much money you want to raise, and then…
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What is the Difference Between Fixed Interest Rates and Variable Interest Rates?
Fixed interest rates and variable interest rates are two of the most common types of interest rates offered by lenders. Fixed interest rate loans guarantee that the borrower will pay back a set amount over the life of their loan, while variable rate loans fluctuate with economic changes in the market that can increase or…
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Starting a Small Business in Tough Economic Times
Starting a small business during tough economic times can be daunting, but it’s important to understand that there is still potential for success in the current climate. Businesses need to be well-prepared and properly capitalize on opportunities if they want to remain successful during these periods. Here are some tips for starting a small business…