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BFS Capital Blog

Latest thoughts, insight and tips from industry thought leaders on how to make your business thrive.

Business Owners Need to Weigh Pros and Cons of Partnerships

June 19, 2017

Small business owners say that some of the most important reasons for running their own businesses have more to do with day-to-day reality than with money. Things like ‘freedom,’ ‘independence,’ ‘flexibility’ and ‘the ability to make and act on decisions’ show up time and time again in small-business surveys and interviews. So what happens when partners are running a small business? Does the…

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How to Plan Ahead for Unforeseen Business Expenses

June 5, 2017

As a small business owner even with the best of plans, you can be certain that unforeseen business expenses will come up. So whether you are just starting your business this week or have been in existence for decades, it’s important to be prepared. Here are a few of the most frequent types of unexpected expenses: Equipment and Technology You…

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To Rebrand or Not: Do Your Homework Before Taking the Leap

June 5, 2017

Sometimes the germ of an idea takes root and grows, even though you’re not exactly sure why (a notion that grew in popularity, oddly enough, with the movie Inception). Case in point: You've been thinking about rebranding your business. Your gut instinct tells you to do it. Maybe you should; maybe you shouldn’t. It’s a massive step. What do you need to…

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How Might a Minimum Wage Hike Affect Your Small Business?

June 3, 2017

8 Questions to Ask Yourself Before Panicking While the Senate vote effectively killed President Obama’s plan to raise the Federal Minimum wage to $10.10 by 2016, don’t think that’s the last we’ll hear of it. While nearly 75 percent of Americans support a minimum wage hike, a recent CNN Money survey found only 43 percent of small business owners did. At first…

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Top 10 Marketing Blogs for Small Business

June 2, 2017

Obviously, you’re in the right place if you’re looking for a blog to help your small business. Not to toot our own horns or anything, but we were recently named one of the top financial blogs for small business. No big deal. And while we’re honored and proud of our achievements, we also realize there might be another blog or two out…

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7 Ways for Businesses to Deal with the Dog Days of Summer

June 2, 2017

Lana Del Rey feels your pain. So much so she wrote a whole song about business being slow during Summer months, put it to a catchy beat, and sold something like 2 billion records. Or at least that’s what we assume “Summertime Sadness” was about. But since you’re probably not going to make a multi-platinum record this summer, you’re going…

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Top 5 Pros and Cons of Trendy Employee Perks

June 1, 2017

Perks and employee benefits are often as much of a factor in whether someone takes a job as salary or commute time. Perks such as fresh-caught ceviche is a little out of your range. As is the onsite daycare, the in-house golf pro, and the daily hot yoga class. There are some cool perks that big tech companies offer, but many of them…

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How to Pay for a Disruptive Business Model

May 27, 2017

Developing a disruptive business model and being on the cutting edge of disruptive innovation is everything in the world of business today. If your business can somehow earn the title of “disruptive innovator”, you’re well on your way to owning your own yacht in Sardinia. Ok, maybe not that extreme, but the point is disruptive businesses are all the rage now, and…

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Giving Effective Business Presentations

May 23, 2017

Remember the worst class you ever had? It probably included a teacher who talked with about as much inflection as a buzz saw, went on forever, and never gave you any information you’d remember once the bell rang. Now imagine he was trying to sell you something. Believe it or not, there are people in business who present just like…

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5 Things to Consider Before Buying a Franchise Business

May 22, 2017

There is no one way to run and own your own business. Some try a do-it-yourself method, starting from scratch and getting creative. However, doing this takes a specific skill set and personality type. On the other hand, some others prefer a more structured method to getting a business up and running. Franchises offer a turnkey method of starting a…

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