There are so many websites out there that try to give small business financing advice it is hard to judge who to believe and who not to believe. However, there are three sources that I believe you cannot go wrong with when you are looking for small business financing advice:
1. Business Association Websites – The SBA is one of the best places for small business financing advice. As a matter of fact, it is one of the sites I like to use for brand new information. The SBA often releases breaking news when a new type of financing has become available, a lender has made the news, or new options for owners looking to build a new business are available.
Plus, the SBA website is a government website so you can trust that the information is factual. There are many other business associations that give out small business financing advice, but the SBA is my favorite. There is a link button on their site for other associations if you need more information.
2. Lender Blogs – Many banks and other financial institutions are starting to contain blogs with small business financing advice on the blogs. Lenders understand that not every business owner knows everything they need to effectively start a business.
They also know that sometimes new ways of financing are released, and their customers may not be aware. The advice given on lenders’ websites are full of real, authentic, quality information. Check out your lender’s website today to see if they have a blog.
3. Previous or Current Business Owner Blogs/Websites – Often the best small business financing advice sites are those of people that have actually lived the life of starting a business. They can give you tips from their own experiences. The ‘ins and outs’ through the eyes of a real business man or woman.
The relevance of small business financing advice is especially real when you feel you can relate to the author of the blog. Perhaps their advice is being given towards the type of business you have because they currently own a business similar to yours.
These are the three types of sites I visit often when I am looking for small business financing advice for my own business. I suggest you stay clear of sites that are written by people not associated with owning a business at all.
Many people ‘on the outside looking in’ want to give their advice to you. Stick with the professionals. You can feel confident you are getting advice from people within the business.