4 Formas de Determinar el Valor de tu Negocio ¿Sabías que el 98% de los propietarios de pequeños negocios^ no saben cuál es el valor de su negocio? Si estás pensando en vender o tienes un comprador interesado, conocer el valor de tu negocio es importante a la hora de negociar la mejor oferta disponible. Aquí tienes cuatro formas de calcular el valor de… Read More
6 Things You Can Do to Protect Your Business from Check Fraud Did you know 63% of organizations experience check fraud? According to an AFP® Payments Fraud and Control Report, checks are considered the most vulnerable payment methods susceptible to fraud. That’s because checks contain significant sensitive personal information like bank account and routing numbers, physical addresses, and signatures. While checks are clearly the most susceptible to… Read More
Northern Colorado’s Taco Stop Expands with Award-Winning Flavors and Commitment to Service From humble beginnings as a food truck serving up authentic Mexican cuisine inspired by the flavors of Mexico City, The Taco Stop quickly became a beloved staple in Northern Colorado. What began as a small, mobile operation founded by Berenice Longoria and Cesar Lopez in 2012, has since transformed into a thriving brick- and-mortar restaurant… Read More
4 Ways to Protect Your Business from Disaster Did you know 40% of businesses that encounter a disaster or emergency close permanently after? That’s why emergency planning and disaster preparation is key to the success of business in the aftermath. Disasters and other emergency events can cause damage, delays, and interruptions to your business, leading to potentially devastating financial losses. Here are some… Read More
8 Tips for Finding and Buying a Profitable Business It’s no secret that starting a new business is hard work, and many aspiring business owners can face challenges throughout the process. According to the U.S. Bureau of Labor Statistics (BLS), about 30% of new businesses fail within the first two years, 50% within the first five years, and 70% within the first 10 years. … Read More
8 Programas de Financiamiento Para Ayudar a Que Crezcan Negocios Propiedad de Minorías ¿Sabía que los negocios propiedad de personas afroamericanas son los menos propensos^ a recibir financiamiento? En comparación, el 40% de los negocios propiedad de personas americanas blancas recibieron todo el financiamiento que solicitaron en comparación al 31% de negocios propiedad de personas asiáticas, el 20% de negocios propiedad de personas hispanas y solo el 13%… Read More
Putting the Bold in Business: 6 Companies Shaping Their Own Success It’s no secret small businesses are the heartbeat of our economy. That’s why FirstBank launched a new video series aptly named “It Takes Courage”— a phrase encompassing the audacity it takes to build a construction business from scratch or start a successful string of restaurant concepts. In these videos, you’ll see how dedication, family support,… Read More
Unlock Tax Savings: How a 1031 Exchange Can Transform Your Real Estate Strategy According to the Federation of Exchange Accommodators, an estimated $100 billion worth of real estate assets were exchanged through 1031 Exchanges in 2019. While this figure can vary each year depending on the economy, it’s apparent why so many real estate investors and businesses are taking advantage of this tax incentive. Here’s what you need… Read More
4 Tips for Navigating the Business Loan Application Process 59% of small businesses report not having enough capital to grow or sustain their business, according to the Federal Reserve Banks’ Small Business Credit Survey. Moreover, the knowledge gap about small business loans and financing has made it even harder to set your business up for success. While some sources may give new borrowers the… Read More
8 Financing Programs to Help Minority-Owned Businesses Grow Did you know that Black-owned businesses are least likely to receive funding? Comparatively, 40% of white-owned firms received all of the financing they sought, compared to 31% of Asian-owned firms, 20% of Hispanic-owned, and only 13% of Black-owned firms. Fortunately, many organizations and opportunities are working to fix this gap and elevate minority-owned businesses. Here… Read More