I have been a small business owner for what feels like many, many years, so not surprisingly, I get lots of questions about what it takes to build a business, and what advice I would give fellow business owners. On a regular basis, here are some of the questions people ask me:
- Was it difficult to get funding to grow?
- What resources do you recommend?
- Did you ever want to give up?
DID I EVER WANT TO GIVE UP? NEVER.
(Puhleeez. I always say if you’re not thinking about quitting at least once a week in the first two years, you’re doing something wrong!)
So, what advice do I give?
One, take a deep breath! You are not alone. So many of us are asking ourselves the same thing. Asking for advice is the first step! In fact, more than 9 in 10 small business owners agree: having a mentor who understands your business is critical to your success.
Two, do your research. I had questions like how do I obtain cash flow and bank loans? Which lending company is the best fit for my needs? After a long and strenuous research phase (traditional banks are not the answer, by the way), I found the answers I needed! And while research is always necessary, I do wish I had had the option to work with Kabbage, an online lending platform many of my small business colleagues are raving about.
Which brings me to number three: Kabbage!
Kabbage is an automated online lending platform for small businesses. In minutes, small business owners are able to apply, qualify, and access flexible lines of credit—which can go as high as $250,000. Kabbage looks at the live data of a small business like banking data, bookkeeping software and online accounts like Amazon, Shopify, and Facebook and removes the long waits at the bank and cumbersome processes when applying for capital.
Why the rave review? My colleagues who have used Kabbage have found a lending platform that is transparent, convenient, and personalized to fit their business. Kabbage’s lines of credit are always accessible to the customer and lines can adjust according to the real-time performance of the business so you don’t have to worry about cash flow gaps or seasonal shifts.
After some solid research, many conversations with others, and checking them out for myself, I knew adding Kabbage to my list of advice was a non-negotiable. Learn more about their offerings here.
**This post is sponsored by Kabbage. Thoughts and opinions are my own, of course.