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The Boomer New Biz Boom: Finance Tips for the Latest Wave of Small Business Owners
The Boomer New Biz Boom: Finance Tips for the Latest Wave of Small Business Owners In the small business report released in May 2024, the U.S. Chamber of Commerce noted a significant trend is emerging in the business landscape; more than half (51%) of individuals venturing into entrepreneurship are aged 55 and above. Moreover, World Health Organization (WHO) projections indicate that by 2050, the population of individuals over 60 is set to nearly double. With Baby Boomers gradually exiting or facing challenges in employment settings, experts anticipate an increase in this percentage. Despite these developments, there are challenges on the horizon. Recent data
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The Boomer New Biz Boom: Finance Tips for the Latest Wave of Small Business Owners
The Boomer New Biz Boom: Finance Tips for the Latest Wave of Small Business Owners In the small business report released in May 2024, the U.S. Chamber of Commerce noted a significant trend is emerging in the business landscape; more than half (51%) of individuals venturing into
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Stress in the Banking Sector: Where does this leave Small Business Owners?
Stress in the Banking Sector: Where does this leave Small Business Owners? The year began with expectations that the Fed may start cutting rates by the summer. But with the uptick in inflation in the first quarter, the hopes of immediate rate cuts started to
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How To Match Your Business Needs To A Bank’s Expectations
12 How To Match Your Business Needs To A Bank’s Expectations Richard Gusmano is the Founder and CEO of Business Credit Consultants, a digital financial consulting practice for small business owners. Obtaining capital to fortify and grow a small business remains one of the
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Unlocking Financial Freedom: A Guide for Entrepreneurs Featuring Richard Gusmano with Business Credit Consultants
In this episode we gain amazing insights from Entrepreneurs from Richard Guzmano, founder of Business Credit Consultants. Tune in as we discuss Richard’s journey into entrepreneurship, how he helps small businesses with financing and advisory services, common mistakes entrepreneurs make with funding, and more. Main
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Nearly 80% of consumers use some form of digital banking
Nearly 80% of consumers use some form of digital banking Just as a Digital banks are giving tradition banks a run for their money Just as a desktop computer has given way to smartphones, banks – the last bastion of brick-and-mortar businesses – are
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12 Negative Impacts Of Inaccurate Credit Reports
12 Negative Impacts Of Inaccurate Credit Reports Just like a personal credit report, the accuracy of your business’s credit report is important to the financial health and longevity of your company. Errors in data management, balance, account status and more can present a (falsely)
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How AI Is Adding Faster Funding And Efficiency To Small-Business Lending
How AI Is Adding Faster Funding And Efficiency To Small-Business Lending Richard Gusmano is the Founder and CEO of Business Credit Consultants, a digital financial consulting practice for small business owners. In the not-so-distant past, applying for a small-business loan was a cumbersome
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Fintech’s Finest: Benzinga Fintech Award Finalists Revealed
Fintech’s Finest: Benzinga Fintech Award Finalists Revealed Mark Your Calendars for Fintech’s D-Day: Nov. 13, Benzinga’s Award Ceremony in NYC Awaits! Benzinga, the leading financial media company for next-generation investors, today announced the finalists for its 9th annual Fintech Deal Day Awards, recognizing innovation across over
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Turned Down for a Business Loan? A.I. Could Be to Blame
Turned Down for a Business Loan? A.I. Could Be to Blame How entrepreneurs can avoid getting their credit application caught in a machine learning trap. The frosty credit environment that small businesses have been experiencing for the past year could be getting even
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BCCUSA Disrupts Outdated Small Business Credit Process with New AI-Powered Digital Loan Qualifying System
BCCUSA Disrupts Outdated Small Business Credit Process with New AI-Powered Digital Loan Qualifying System “Business Credit Consultants Reveals Lendotics, a LQS Educating Business Owners and Empowering Them to Make Informed Credit Decisions NEW YORK, Sept. 13, 2023 /PRNewswire/ — Business Credit Consultants (BCCUSA),