By: Mary Hott, WV SBDC Business Coach
Most people know they need to track their personal credit score, but did you know your business also has a credit score that should be tracked? A recent Manta survey revealed that 72 percent of business owners didn’t realize they have a business credit score. And small business owners who understand their business credit are 41 percent more likely to be approved for a business loan.
By Erika Bailey, State Director of the West Virginia Small Business Development Center
Each New Year is the traditional start of good intentions to diet right, get organized and, for entrepreneurs, improve business. Resolutions can be good for long-established businesses as well as those just starting out.
We asked our business coaches to identify the top four resolutions to help business owners move up to the next level in 2018. Here’s what they had to say.
By Erika Bailey, State Director, West Virginia Small Business Development Center
Even when you love what you do, running a business is hard work. It helps to have an extra edge.
The West Virginia Small Business Development Center (WV SBDC) is that edge for hundreds of West Virginia companies each year. Our mission is to help businesses sharpen their skills, grow strong and sustain success in West Virginia.
The WV SBDC helps generate businesses, successes and jobs for West Virginia’s economy. In the first six months of 2017, WV SBDC business coaches provided counseling to 733 clients, helped start 41 businesses and connected clients with more than $11,794,500 in loans or equity. Their efforts led to the creation or retention of 375 jobs in the Mountain State.