30 Inspirational Business Quotes For 2018

Being a small business owner can be rewarding and stimulating, but it can also be very challenging. Whether you are at the point of getting ready to launch a startup or you are maintaining a successful business, there will always be times when you ask yourself if you should keep doing what you are doing. You can lose your motivation, so sometimes you need some inspirational words to keep you going. This Pacific Capital Finance blog post offers 30 powerful quotes every small business owner should live by:

1. “The trick is in what one emphasizes. We either make ourselves miserable, or we make ourselves strong. The amount of work is the same.” – Carlos Castaneda
2. “There’s no shortage of remarkable ideas, what’s missing is the will to execute them.” -Seth Godin
3. “Leadership is the art of getting someone else to do something you want done because he wants to do it.” -Dwight Eisenhower
4. “The successful man is the one who finds out what is the matter with his business before his competitors do.”  –Roy L. Smith
5. “Please think about your legacy, because you’re writing it every day.” –Gary Vaynerchuck
6. “It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change.” –Charles Darwin
7. “The golden rule for every business man is this: Put yourself in your customer’s place.” –Orison Swett Marden
8. “Success in business requires training and discipline and hard work. But if you’re not frightened by these things, the opportunities are just as great today as they ever were.” –David Rockefeller
9. “It does not matter how slowly you go, so long as you do not stop.” -Confucius
10. “Failure is another steppingstone to greatness.” -Oprah Winfrey
11. “If at first you don’t succeed, try, try, try again.” -William Edward Hickson
12. “If you love what you do and are willing to do what it takes, it’s within your reach. And it’ll be worth every minute you spend alone at night, thinking and thinking about what it is you want to design or build.” -Steve Wozniak
13. “Efforts and courage are not enough without purpose and direction.” -John F. Kennedy
14. “Look up at the stars and not down at your feet. Try to make sense of what you see, and wonder about what makes the universe exist. Be curious.” -Stephen Hawking
15. “Every startup should address a real and demonstrated need in the world. If you build a solution to a problem lots of people have, it’s so easy to sell your product to the world.” 
    –Kevin Systrom
16. “To me, business isn’t about wearing suits or pleasing stockholders. It’s about being true to yourself, your ideas and focusing on the essentials.” 
    –Sir Richard Branson
17. “Anything that is measured and watched, improves.” 
    –Bob Parsons
18. “I believe every human has a finite number of heartbeats. I don’t intend to waste any of mine.” 
    –Neil Armstrong
19. “Although no one can go back and make a brand new start, anyone can start from now and make a brand new ending.” –Carl Bard
20. “The secret of getting ahead is getting started. The secret to getting started is breaking your complex overwhelming tasks into small manageable tasks and then starting on the first one.” -Mark Twain
21. “Build your own dreams, or someone else will hire you to build theirs.” -Farrah Gray
22. “The only way to do great work is to love what you do. If you haven’t found it yet, keep looking. Don’t settle.” -Steve Jobs
23. “If you work just for money, you’ll never make it, but if you love what you’re doing and you always put the customer first, success will be yours.” -Ray Kroc
24. “It’s how you deal with failure that determines how you achieve success.” -Charlotte Whitton
25. “I hated every minute of training, but I said, ‘Don’t quit. Suffer now and live the rest of your life as a champion.” -Muhammad Ali
26. “Before you start any business, always ask yourself three questions – Why am I doing it, What the results might be and Will I be successful. Only when you think deeply and find satisfactory answers to these questions, go ahead.” -Chanakya
27. “If you hire people just because they can do a job, they’ll work for your money. But if you hire people who believe what you believe, they’ll work for you with blood and sweat and tears.” -Simon Sinek
28. “We are what we repeatedly do. Excellence, therefore, is not an act but a habit.” -Aristotle
29. “The magic formula that successful businesses have discovered is to treat customers like guests and employees like people.” -Tom Peters
30.  “You can’t climb the ladder of success with your hands in your pockets.” -Arnold Schwarzenegger

 

 

4 Reasons Your Business Needs Social Media

Social media for businesses is growing more and more popular. Research shows nearly 2 out of 3 adults use some form of social media. Good social media presence is not just an option, it is imperative for businesses nowadays. In the past few years, marketing in social media has grown rather rapidly. If you have yet to utilize social media, here are 4 reasons why social media can benefit your business:

 

Connect with Customers Directly

Social media is a place for interaction and conversation, including interactions between businesses and their customers. As a business, you have to know that it is important to engage your customers and use different social media networks to promote your services. By using social media, businesses are able to respond to customers, proactively in real time. This can help to increase customer satisfaction.

Search Engine Visibility

Social media profiles help you dominate the first search result page in a more natural way, which further increases profits. Posting links that refer back to your blog or website on your social media accounts can improve your rank with search engines. This means by incorporating social media into your marketing strategy, you can be more easily found in searches relevant to your business.

Generate Sales & Marketing Channels

Driving sales is seen as one of the biggest benefits of social networking sites. Facebook’s Sponsored Posts and Twitter’s Marketing Campaigns are two of the most popular ways to market your products and services. Use social media to keep your followers in the know about product launches, upcoming sales, etc. so any revenue generated through this channel won’t have a marketing cost.

Build Brand Awareness

Creating a brand identity is a major ingredient in building trust with potential customers. Utilizing social media allows a business to establish a consistent image and voice across multiple platforms. Using the same logo, photos and color scheme will create an authentic brand experience in the eye of current and potential customers.

Whether it’s an established corporation or a start-up, all businesses can benefit from an active social media presence. If you’re ready to start a social media presence for your business, start by connecting with Pacific Capital Finance on Twitter and Facebook.

5 Simple Steps To Establishing Your Business Credit

Determining how to access business financing and credit is a common search for both new and existing small business owners. From start-up costs to new expansion strategies, establishing a strong business credit profile can help make or break your immediate and future business plans. By using your business credit to obtain financing, not only can you qualify for a greater dollar amount, but you also avoid liability for your personal assets and credit history. If you would like to expand your business by establishing business credit, use these five simple steps:

Open A Business Credit File

One of the ways you can establish your business credit is by opening a business credit file with all 3 credit reporting agencies: Experian, Equifax and Transunion.

Incorporate Your Business

Even though you may be incorporated, it deserves a mention. With sole proprietorships and general partnerships, the business is legally the same as the owner. There can be no separation of business credit history from personal. Incorporating a business or forming an LLC creates a business that is legally separate from the owner. To incorporate your business you would typically need to file Articles of Incorporation with your state’s Secretary of State office.

Obtain a Federal Tax ID Number

A federal tax ID or EIN number is a unique identifier for businesses in the US. It is required for federal tax filings and opening a business bank account. You can apply for an EIN number online with the IRS.

Set Up a Dedicated Business Phone Line

Another way to establish your business credit is by setting up a dedicated business phone line in your business name and making sure it’s listed.

Open a Business Bank Account

Open a checking and savings account in your legal business name. This will build a financial record for your business, which is important in establishing business credit.

With these 5 simple steps, you can get started on establishing business credit. If you would like to build your business credit further, consider financing your next piece of equipment. When you finance your business equipment through Pacific Capital Finance, the transaction is reported using your business credit, which in turn can build your business credit.

Will A Working Capital Loan Help Your Small Business?

Working capital is the money you use to keep your business operating, so essentially capital is one of the most important assets your business can have. The problem for small businesses is that sometimes you don’t have the money you need. Whether it’s unexpected expenses or you are waiting on accounts receivables to come in, it’s very common for cash flow to be tight in these situations. Many businesses don’t have stable revenue streams to rely on throughout the year, so business owners often find themselves strapped for cash and worried about paying for important expenses. Having extra cash on hand can make all the difference during these times. With a working capital loan, you can make sure to keep your business healthy and strong during any slow periods you may have.

One of the biggest benefits of getting a working capital loan with an alternative lender is the speed of the process. Most working capital loans from alternative lenders can be approved and processed very quickly, in a matter days, meaning your business gets access to the financing it needs when you need it. You can use your working capital loan for remodeling your store, purchasing equipment, purchasing inventory, payroll, etc. Basically, working capital financing can be used to handle any day-to-day business expense.

The availability of working capital influences your company’s ability to meet its debt obligations, as well as to remain a profitable business. If your current assets do not exceed your current liabilities, you run the risk of being unable to pay short term creditors in a timely fashion. Although, working capital does more than just keep the lights on and the doors open. It can also be used to take advantage of business opportunities that might otherwise pass you by.

Pacific Capital Finance offers working capital for small businesses, helping these companies stabilize operations so that they can focus on growing and running their business smoothly. Call us today so we can discuss how a working capital loan might be a good fit for your funding needs.

 

 

25 Inspirational Quotes for Small Business Owners

Being a small business owner can be rewarding and stimulating, but it can also be very challenging. Whether you are at the point of getting ready to launch a startup or you are maintaining a successful business, there will always be times when you ask yourself if you should keep doing what you are doing. You can lose your motivation, so sometimes you need some inspirational words to keep you going. This Pacific Capital Finance blog post offers 50 powerful quotes every small business owner should live by:

1. “Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do.”
   -Steve Jobs, Co-founder, CEO, Chairman Apple Inc.                                                         
2. “Embrace what you don’t know, especially in the beginning, because what you don’t know can become your greatest asset. It ensures that you will absolutely be doing things different from everybody else.”
   -Sara Blakely, founder SPANX                                                                                                  
3. “Don’t limit yourself. Many people limit themselves to what they think they can do. You can go as far as your mind lets you. What you believe, remember, you can achieve.”
   -Mary Kay Ash, Founder Mary Kay Cosmetics                                                                                 
4. “To succeed in business, to reach the top, an individual must know all that is possible to know about that business.” -J. Paul Getty, Industrialist                                                 
5. “Press on. Nothing in the world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent.” -Ray Kroc, Entrepreneur                                                                                               
6. “If you’re going to run a small business, you need to know what everyone is doing, be the first one in and the last one out, and work weekends.” -Glen Mazzara                                                                                                           
7. “Yesterday’s home runs don’t win today’s games.” –Babe Ruth, Baseball Player                                                                                                      
8. “It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change.” –Charles Darwin, Biologist                                                     
9. “Success in business requires training and discipline and hard work. But if you’re not frightened by these things, the opportunities are just as great today as they ever were.” –David Rockefeller, Banker and Philanthropist                                                                  
10. “We are what we repeatedly do. Excellence, then, is not an act, but a habit.” –Aristotle, Philosopher                                                                                                                         
11. “The golden rule for every business is this: put yourself in your customer’s place.”
    -Orison Swett Marden, founder of Success magazine                                                                   
12. “If you do what you’ve always done, you’ll get what you’ve always gotten.” -Tony Robbins, Motivational Speaker                                                                                                           
13. “Optimism is the faith that leads to achievement. Nothing can be done without hope and confidence.” -Helen Keller, Author and Humanitarian                                                   
14. “Take up one idea. Make that one idea your life – think of it, dream of it, live on that idea. Let the brain, muscles, nerves, every part of your body, be full of that idea, and just leave every other idea alone. This is the way to success.” -Swami Vivekananda, Monk                                                                                                                                                          
15. “Success is not final; failure is not fatal: It is the courage to continue that counts.” –Winston S. Churchill, Former British Prime Minister                                                        
16. “I never dreamed about success, I worked for it.” –Estee Lauder, Founder of Estee Lauder Cosmetics                                                                                                                               
17. “If you don’t build your dream, someone else will hire you to help them build theirs.” -Dhirubhai Ambani, founder, Reliance Industries                                                           
18. “Forget past mistakes. Forget failures. Forget everything except what you’re going to do now and do it.”-William Durant, co-founder, General Motors                                            
19. “Don’t judge each day by the harvest you reap but by the seeds you plant.” -Robert Louis Stevenson, Novelist                                                                                                                    
20. “The road to success is always under construction.” -comedian Lily Tomlin                             
21. “Winners never quit, and quitters never win.” -Vince Lombardi, Football Player                  
22. “If you love what you do and are willing to do what it takes, it’s within your reach. And it’ll be worth every minute you spend alone at night, thinking and thinking about what it is you want to design or build.” -Steve Wozniak, Co-Founder of Apple                                                                                                                                                          
23. “It’s not in the dreaming, it’s in the doing.” -Mark Cuban, Investor and Owner of Dallas Mavericks                                                                                                                                   
24. “If you don’t like something, change it. If you can’t change it, change your attitude.” –Maya Angelou, Poet and Activist                                                                                               
25. “Dream more than others think practical. Expect more than others think possible. Care more than others think wise.” -Howard Schultz, Starbucks

What You Need To Know About Section 179

Section 179 is one of the most essential tax codes that business owners should be aware of. Section 179 is a deduction that allows business owners to deduct the full or partial price of business equipment purchased or financed and put into use in the same year, with a deduction limit up to $500,000. This is something every business owner should take advantage of when looking to purchase, finance, or lease equipment anytime in the near future. The limit for new and used equipment purchases of qualifying equipment is at $2 million. Some qualifying equipment includes…

• Construction Equipment
• Business Vehicles
• Manufacturing Equipment
• Software
• Office Equipment and Furniture
• Hotel Equipment and Furniture
• Commercial Trucks
• Restaurant Equipment
• Printers
• Car Wash Systems

Last year’s Section 179 deadline may have passed, but small business owners can still take advantage of it in 2017. The current deduction limit is $500,000 for qualifying equipment that is purchased or financed and put into use this year. There is also a first-year bonus depreciation of 50% which is scheduled to decrease to 40% in 2018, and finally for 2019 the depreciation will be at 30%.

Section 179 can provide you with tax relief for this 2017 tax year, but equipment and software must be purchased, financed, or leased within this year. Here at Pacific Capital Finance, we’ve provided equipment financing and leasing programs to thousands of companies, with many of them benefiting from the Section 179 tax deduction. If you are in the market for new or used business equipment, and you don’t want to use your capital or credit line for an equipment purchase, consider an equipment lease with Pacific Capital Finance. We can provide you with up to $250,000 to finance or lease equipment quickly and with minimal paperwork. Contact Pacific Capital Finance today for more info, or to get the equipment lease application process started.

50 Powerful Quotes Every Entrepreneur Should Live By

Being an entrepreneur can be rewarding and stimulating, but it can also be very challenging. Whether you are at the point of getting ready to launch a startup or you are maintaining a successful business, there will always be times when you ask yourself if you should keep doing what you are doing. You can lose your motivation, so sometimes you need some inspirational words to keep you going. This Pacific Capital Finance blog post offers 50 powerful quotes every entrepreneur should live by:

1)“What would you do if you weren’t afraid?”-Sheryl Sandberg

2)”If at first you don’t succeed, try, try, try again.” -William Edward Hickson

3)”The way to get started is to quit talking and begin doing.”-Walt Disney

4)”The biggest risk is not taking any risk… In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” -Mark Zuckerberg

5)”Life isn’t about finding yourself. Life is about creating yourself.” -George Bernard Shaw

6)”If something is important enough, even if the odds are against you, you should still do it.” -Elon Musk

7)”Don’t let yesterday take up too much of today”-Will Rogers

8)”Successful people do what unsuccessful people are not willing to do. Don’t wish it were easier; wish you were better.” -Jim Rohn

9)”If you work just for money, you’ll never make it, but if you love what you’re doing and you always put the customer first, success will be yours.”  -Ray Kroc

10) “Business opportunities are like buses, there’s always another one coming.”-Richard Branson

11)”Growth is never by mere chance; it is the result of forces working together.”-James Cash Penney

12)”Without continual growth and progress, such words as improvement, achievement, and success have no meaning.”-Benjamin Franklin

13)”Out of your vulnerabilities will come your strength.”-Sigmund Freud

14)”It’s very easy to be different, but very difficult to be better.” Jonathan Ive

15)”People often say that motivation doesn’t last. Well, neither does bathing.  That’s why we recommend it daily.”–Zig Ziglar

16)”Start where you are. Use what you have.  Do what you can.”–Arthur Ashe

17)”Our lives begin to end the day we become silent about things that matter.”–Martin Luther King Jr.

18)”Change your thoughts and you change your world.”–Norman Vincent Peale

19)”To be successful, you have to have your heart in your business, and your business in your heart.”- Thomas Watson

20)”We generate fears while we sit. We over come them by action. Fear is natures way of warning us to get busy.”- Dr. Henry Link

21)”Coming together is a beginning. Keeping together is progress. Working together is success.”- Henry Ford

22)”Success or failure in business is caused more by the mental attitude even than by mental capacities.”- Walter Scott

23)”A goal properly set is halfway reached.” – Abraham Lincoln

24)”I like things to happen, and if they don’t happen, I like to make them happen.”-Winston Churchill

25)”It always seems impossible until it’s done.”–Nelson Mandela

26)“If you don’t make mistakes, you aren’t really trying.”-Coleman Hawkins

27)“I cannot give you the formula for success, but I can give you the formula for
failure, which is: Try to please everybody.”-Herbert B. Swope

28)“Whenever you see a successful business, someone once made a courageous decision.” –Peter F. Drucker

29)“When it is obvious that the goals cannot be reached, don’t adjust the goals; adjust the action steps.”–Confucius

30)“The more intensely we feel about an idea or a goal, the more assuredly the idea, buried deep in our subconscious, will direct us along the path to its fulfillment.”–Earl Nightingale

31)”Good teams incorporate teamwork into their culture, creating the building blocks for success.”-Ted Sundquist

32)“If your ship doesn’t come in, swim out to meet it!”–Jonathan Winters

33)”None of us is as smart as all of us.”-Ken Blanchard

34)”Fall seven times and stand up eight.”-Japanese proverb

35)”Remember, no one can make you feel inferior without your consent.”-Eleanor Roosevelt

36)“A hard thing is done by figuring out how to start.”–Rand Fishkin

37)“If Google teaches you anything, it’s that small ideas can be big.”–Ben Silbermann

38)“I had to make my own living and my own opportunity! But I made it! Don’t sit down and wait for the opportunities to come. Get up and make them.”–Madame C.J. Walker

39)”You have to see failure as the beginning and the middle, but never entertain it as an end.”-Jessica Herrin

40)“The critical ingredient is getting off your butt and doing something. It’s as simple as that. A lot of people have ideas, but there are few who decide to do something about them now. Not tomorrow. Not next week. But today. The true entrepreneur is a doer, not a dreamer.”–Nolan Bushnell

41)“Fearlessness is like a muscle. I know from my own life that the more I exercise it the more natural it becomes to not let my fears run me.”
-Arianna Huffington

42)“Timing, perseverance, and 10 years of trying will eventually make you look like an overnight success.”–Biz Stone

43)”I find that the harder I work, the more luck I seem to have.” -Thomas Jefferson

44)“The successful warrior is the average man, with laser-like focus.” -Bruce Lee

45)“All progress takes place outside the comfort zone.” -Michael John Bobak

46)“Victory is sweetest when you’ve known defeat.”–Malcolm S. Forbes

47)”When you want to succeed as bad as you want to breathe, then you’ll be successful.”-Eric Thomas

48)”The function of leadership is to produce more leaders, not more followers.”-Ralph Nader

49)”There is no chance, no destiny, no fate, that can hinder or control the firm resolve of a determined soul.”-Ella Wheeler Wilcox

50)“It is hard to fail, but it is worse never to have tried to succeed.”-Theodore Roosevelt

Finding The Right Legal Structure For Your Business

The business structure you choose is one of the most important decisions you can make for your company. The structure you choose will impact your personal liability and also determine how much you will need to pay in taxes. Every business’s situation is different, so it’s a good idea to do your research prior to making your final decision. This Pacific Capital Finance blog post discusses the various types of business structures and their key characteristics.

S Corporation

A S corporation has some restrictions. It can have only up to 99 shareholders, and cannot have certain types of shareholders including limited partnerships. An S corporation can have only one class of stock. In addition to limited liability protection, S corporations present you with some nice tax advantages. You won’t be taxed on your corporate income or your dividend income. Instead, your income and losses will be reported on your personal tax return.

C Corporation

There are some noteworthy distinctions between a C corporation and an S corporation. A C corporation is somewhat more flexible. For instance, there can be an unlimited number of shareholders. In addition, the profits of a C corporation are taxed when earned, and taxed a second time when distributed as shares. Furthermore, the shareholders in a C corporation are not able to deduct any corporate losses. Just like S corporations, C corporations offer limited liability protection.

Sole Proprietorship

This is the most commonly used business entity, used by more than 70 percent of businesses in the United States, according to the Small Business Administration. A sole proprietorship is the easiest type of business to organize. All that is needed is the proper licensing(if required) to do business in your area and you are good to go. As a sole prop, you are solely responsible for all liabilities, debts and losses. Some disadvantages of this structure are the increased liability if you were to receive a lawsuit or start accumulating a lot of debt.

Limited Liability Company (LLC)

A limited liability company is a structure that allows owners, partners or shareholders to limit their personal liabilities like a corporation while enjoying the tax and flexibility benefits of a partnership or sole proprietorship. Your LLC can have an unlimited number of owners or members, and each owner can report business profit and loss on their personal tax returns. To form an LLC, you will need to file Articles of Organization with your Secretary of State.

If your company needs capital for inventory, expansion, equipment, payroll or marketing, Pacific Capital Finance can help. We offer small business loan products to businesses all across North America. Give us a call today to learn more about our programs.

5 Ways to Improve Your Credit Score

Having a good business credit profile doesn’t just help you secure a business loan, it could also be important for attracting new business. Anyone from customers, partners and vendors can look at your business credit report. Furthermore, a good credit score opens the door to new opportunities to grow your business. To develop good business credit, you must consistently pay your bills on time, keep your debt ratios low and maintain a good balance in your business bank account. The success of your company can strongly depend on your ability to borrow money, so it’s important that you start to build your business credit as soon as you can. Fortunately, you can work on improving your business credit, although it will not happen overnight. This Pacific Capital Finance blog post has some helpful tips for improving your business credit.

1. Register Your Business With All 3 Credit Bureaus

There are many credit bureaus that collect data and create business credit scores, including Experian, Dun & Bradstreet and Equifax. Each business credit bureau has a different formula for calculating scores, and different lenders report various types of data. Make sure that your company is registered properly with the major business reporting agencies. Lenders often reference data from these agencies in order to decide a business’s creditworthiness, so you want it to be accurate as possible.

2. Review Your Credit Profile

It’s always important to keep tabs on your credit profile. If you don’t, you should contact one of the leading credit bureaus and get a complete credit check. It will give you a clear picture of your credit profile and history, so you know what you need to work on or if there are any inaccuracies you need to report.

3. Make Sure Your Vendors Are Reporting Your Payments

The more vendors that report a positive credit history to the credit reporting bureaus, the higher your business credit rating will be.

4. Repair The Damage

The fastest method of beginning to improve bad credit is to start paying off your debts. Lowering the balance on your business credit cards can have an instant positive influence on your business’ credit rating. If you have good credit, requesting a credit line increase can improve your credit even more since an increase lowers the percentage of your available credit in use.

5. Make Prompt Payments

The promptness with which a company pays its bills is one of the strongest factors that impact business credit ratings. For greater impact, pay your bills ahead of the due date. The greater the number of days a business pays sooner, the greater the impact it will have on its business credit scores.

Pacific Capital Finance hopes that you found these tips on repairing business credit to be helpful to your situation. If you are ever in the need of capital for your business, don’t hesitate to contact us for more information.

 

5 Ways To Stop Unnecessary Business Spending

 

As a small business owner, you’re always looking to bring in more business and boost cash flow. Although increasing sales is one way to make that happen, cutting costs can be a faster way to increase your profits. The problem is identifying which of your current expenses are truly unnecessary. This Pacific Capital Finance blog post offers some tips on how to stop unnecessary spending for your business.

Negotiate With Your Vendors-Most vendors or suppliers are responsive to the idea of negotiating prices, and certainly would rather do so than lose a regular client. If they won’t budge, then you may want to consider seeing what other options are available to better serve your business.

Buy More Carefully-When you own a small business, you have many different expenses to handle. Rent, internet and phone service, electricity, office supplies and insurance can all add up.  To save money, shop around for the most competitive deals and try negotiating for lower prices. Your providers want to keep their valued customers, so they may be flexible with you. Also, it’s important to focus on buying only what your business needs. A smart business strategy is to control your discretionary spending and only buy what is absolutely necessary for your company and employees. For example, if you are looking to purchase a laptop, consider buying a used laptop rather than a brand new one. This will save you a substantial amount for a laptop that will do the same job as the brand new one.

Go Green-Not only is it good for the environment, but it can also save you the supply costs. You can save money on paper and printing costs by going paperless for your business. Instead of using paper, start sending emails, signing contracts electronically, storing documents online and taking notes on a dry erase board or on your computer. Replace paper plates, cups and utensils with reusable ones.

Try More Affordable Marketing Alternatives-You don’t want to eliminate advertising that is working for you, but it can be beneficial to explore some more affordable alternatives. Consider networking more, since customers always like to do business with someone they know. You should increase social media use and reduce traditional marketing methods, which can be quite expensive. You can cut your marketing budget by implementing some of the most popular online marketing strategies. Consider running email newsletters to customers, starting a mobile version of your website and promoting your business through social media websites.

Finance Equipment-The high cost of capital equipment such as machinery, commercial ovens, software and business vehicles can be pretty costly if you are paying for them out of pocket. Affordability is one of the many advantages of equipment financing. There are several lease structures available, and you can choose a plan with monthly payments that fit within your business’s budget. This can provide a more positive cash flow for your small business, while assisting in its growth and further success.

Pacific Capital Finance hopes you found this post to be informative and helpful to you and your business. Should you ever need fast and competitive financing for your small business, we can help.