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It's not uncommon for entrepreneurs to use the terms “growth” and “scale” interchangeably when talking about adding revenue to their small business. The terms do have a similar meaning with a critical difference.
Growing a business means that a business owner is adding revenue by adding more resources and higher costs to their operation. This could mean bringing on new clients and customers by adding a new location or building, purchasing new equipment or hiring more employees to meet the needs of those new clients.
Lucas Kline and Nick Applegate love craft beer so much that they brought their passion to downtown Spencer with the Iowa Project Brewing Company. Learn how it all came together.
For all of its challenges, the coronavirus pandemic also presents an opportunity to evaluate your small business finances and make long-term improvements.
The Power of SBA Loans: Fueling Success and Growth for Entrepreneurs
Discover the 3 key advantages of an SBA loan for small business growth. Get flexible financing from the Small Business Administration. Learn more today!
Many types of mobile banking services are available to small business owners. This article shares 3 key benefits of using a business mobile banking app.
Business succession planning is an important part of operating a business, especially for small business owners and owners nearing retirement. Learn the six benefits to going through a business succession plan evaluation.