Shannon Vissers

A business plan is a written document that provides a complete overview of your business, including information about your business’s services, strategies, finances, and goals. All businesses should have a business plan, but a business plan is especially important when applying for a business loan.

SBA loans take longer to fund than other business loan types. SBA loan approval time varies depending on your lender and SBA loan type, but generally, the total time between application and funding is between two and three months.

Using Lightspeed Loyalty is very easy, as there is nothing to download or install, and most Loyalty functions can be performed right from your iPad POS. The functionality is more or less self-explanatory for anyone who has used an iPad or tablet before.

Gym POS systems typically include features like membership management, recurring billing, and online appointment booking for personal training sessions. Gym management software systems may also include features to sell merch, manage employees, and let clients check into fitness classes.

To qualify for SBA 8(a) certification, your business must be owned and operated by socially and economically disadvantaged individuals. This usually means the business is minority-owned and that the owner doesn’t have many assets. Your company must also sell something that the federal government purchases.

BNPL lets customers pay for a purchase over six weeks, in a total of four two-week installments. This payment option can encourage consumers to take on large purchases they might not otherwise be able to afford.

If you like the convenience of Lendio’s business loans marketplace but can’t wait for an SBA loan or don’t qualify for one, you might consider applying for a faster or easier-to-qualify loan through Lendio, such as a short-term loan or business line of credit. To learn more about Lendio loans, including Lendio SBA loans and other loan types, read our in-depth Lendio review.

The best consignment store POS system for your consignment shop will depend on your budget, feature needs, business size, and other considerations.

BOPIS means “Buy Online, Pickup In Store.” This option lets customers purchase items on a retailer’s website, then pick up the item at the store. BOPIS is also sometimes called “click and collect.”

Lauren and Ronn Grewber turned their sustainability passion project into a thriving short-term rental business in North Park, San Diego.