by First Union Lending | Feb 3, 2023 | Business Strategy, Resources, Small Business, Technology
Non-fungible tokens (NFTs) have emerged as a powerful digital marketing tool for businesses. NFTs offer many opportunities for entrepreneurs to generate new revenue streams. Here are a few basics to know as you consider how to take advantage of the current NFT...
by First Union Lending | Feb 2, 2023 | Business Strategy, Mental Health, Resources, Small Business
Despite all the hype you may hear from self-proclaimed business gurus, there are no shortcuts to running a profitable company. Entrepreneurs must accept that achieving success requires hard work, talent, perseverance, and personal sacrifice. However, we’ve found...
by First Union Lending | Feb 1, 2023 | Business Strategy, Resources, Small Business
There are many legitimate reasons why you might be pursuing a new small business location. Perhaps your commercial rent has increased beyond what you can afford. Or maybe you’ve outgrown your current location and need more space to expand. No matter your reason...
by First Union Lending | Jan 30, 2023 | Business Finance, Business Strategy, Resources, Small Business
With rising inflation, most small businesses have been faced with increased operational expenses. Inflationary pressures are forcing business owners to find new ways to lower their overhead costs. Cutting costs isn’t just a smart move for many companies. It is...
by First Union Lending | Jan 27, 2023 | Business Strategy, Resources, Small Business
Whether you’re working with a vendor, supplier, or contractor, small business owners should know how to negotiate the best deal possible. When you fail to successfully negotiate a potentially good deal or negotiate a poor deal, the results could have a long-term...
by First Union Lending | Jan 26, 2023 | Business Strategy, Marketing, Resources, Small Business
As you work to grow your small business, be sure not to overlook the role that public relations (PR) can play in improving your company’s profitability. Public relations campaigns can help build and maintain a favorable public image for your company or...
